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Craftsman Short-Term Rental Compound
New
For Sale
$3,250,000

41 Vicente Ter, Santa Monica, CA 90401

Historic coastal residence with multiple kitchens, a detached ADU, ocean views, and flexible guest or rental accommodations.

Property Size3,186 SF
Days on Market7

Property Features for 41 Vicente Ter

General Information

Standard status Active
Size 3,186 SF
Total Parking Spaces 3
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 2

Amenities

wood-burning fireplace
grassy yard

Building Details

Building Size 3,186 SF
Year Built 1923
Buildings 2
Construction California Craftsman
Listing Agency: Serhant California, Inc
Listed By: Christopher Shahinian · License #01971377
Source: Evecap
Added: Sep 17 Changed: Sep 23 Last Checked: Sep 22 at 4:58PM

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 Serhant California, Inc

Investment Insights

Based on property information with market context.

Built in 1923, this California Craftsman is configured for short-term rental use with five bedrooms, five bathrooms, three kitchens, and a detached ADU. Original hardwood floors, a wood-burning fireplace, period detailing, and a preserved Gaffers & Sattler double oven with six burners contribute to the residence’s architectural character. The property will be delivered 100% vacant.

Several areas provide separation for guests, extended family, workspaces, or continued vacation-rental operations. Upper-level bedrooms offer ocean views, while the grounds include a grassy yard and multiple spaces for outdoor dining and lounging. A detached three-car garage provides parking and storage. The property is near Ocean Avenue, Palisades Park, the Santa Monica Pier, the beach, oceanfront bike paths, walking trails, restaurants, and shopping.

Key Highlights

  • Five bedrooms, five bathrooms, and three kitchens
  • Detached ADU adds a separate living component
  • Main residence includes original hardwood floors and a wood‑burning fireplace

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Nursing Home Butcher Grocery & Convenience Store Pet Grooming Service Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,133
Businesses Nearby

Demographics for 90401, CA

8,167
Population
5,782
Households
1.4
Avg Household Size
39
Median Age
76%
College-Educated
97%
High-School Grad
0.8 sq mi
ZIP Area
10,209
Density / Sq Mi
$106,704
Median Household Income
$98,906
Median Earnings
$2,549
Median Rent
$1,129,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Historic coastal residence with multiple kitchens, a detached ADU, ocean views, and flexible guest or rental accommodations.
Where is this short term rental property located?
The property is located at 41 Vicente Ter Santa Monica, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Five bedrooms, five bathrooms, and three kitchens; Detached ADU adds a separate living component; Main residence includes original hardwood floors and a wood‑burning fireplace
More about this property
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