26th Street, Santa Monica, CA 90403
Prime 12-unit multifamily property on Montana Avenue, Santa Monica.
- Added:
- Aug 18, 2025
- Days on Market:
- 298
- Last Refresh:
- Apr 5 at 8:59 pm
Property Features for 26th Street
General Information
- Standard status
- Active
- Size
- 10,618 SF
- Lot size
- 0.34 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1948
Listing agent DOMINIC GUAN
Listing office COLLIERS INTERNATIONAL GREATER LOS ANGELES, INC.
Listing date Aug 18, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of COLLIERS INTERNATIONAL GREATER LOS ANGELES, INC.
HighLights
- Prime corner double lot location on highly sought‑after Montana Avenue.
- Significant upside potential to increase rental income by building (2‑3) Accessory Dwelling Units (ADUs) over existing garages, resulting in a 7.98% pro forma cap rate.
- Competitively priced at a 4.61% in‑place cap rate with a 7.41% pro forma cap rate.
- Rare opportunity: on the market for the first time in 25 years.
- Charming bungalow style building with units featuring hardwood floors, dual entrances, dining rooms, and abundant natural lighting.
- Select units offer renovated kitchens and baths, semi‑private patios, in‑unit washer and dryers, recessed lighting, and upgraded appliances.
Overview
Current Use by Public Records
Map
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Longitude
- -118.493
- Latitude
- 34.0492
