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5-Unit Apartment Building
For Sale
Contact for pricing
Pending

502 Bay St, Santa Monica, CA 90405

Corner-lot multifamily property with a small yard and varied residential unit configurations.

Property SizeContact for details
Lot Size0.18 Acres
Days on Market144

Property Features for 502 Bay St

General Information

Standard status Pending
Lot size 0.18 Acres
Property subtype Multifamily

Units

Unit Mix 1 x 1BR/1BA, 4 x 2BR/1BA
Multifamily Units 5
Listing Agency: eXp Realty of California Inc
Listed By: Michelle K. Smith-Pullum · License #CA
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:28AM

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 eXp Realty of California Inc

Investment Insights

Based on property information with market context.

This five-unit multifamily property includes a duplex with one two-bedroom, one-bath unit and one one-bedroom, one-bath unit, along with three additional two-bedroom, one-bath residences. The property occupies a corner lot with a small yard and an 8,000+ square-foot lot.

Located on Bay St in Santa Monica, the property is near the beach, Santa Monica College, shopping, and restaurants. UCLA is minutes away, and the site is positioned south of Pico Blvd. Interior access is available with an accepted offer; occupants are not to be disturbed.

Key Highlights

  • Five‑unit property with a duplex and three additional residences
  • Unit mix includes four 2‑bed/1‑bath units and one 1‑bed/1‑bath unit
  • Corner lot with a small yard

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Butcher Clothing & Fashion Store Grocery & Convenience Store Adult Day Care

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

5,290
Businesses Nearby

Demographics for 90405, CA

27,966
Population
15,726
Households
1.8
Avg Household Size
43
Median Age
70%
College-Educated
96%
High-School Grad
2.8 sq mi
ZIP Area
9,988
Density / Sq Mi
$114,489
Median Household Income
$84,727
Median Earnings
$2,311
Median Rent
$1,940,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Corner-lot multifamily property with a small yard and varied residential unit configurations.
Where is this apartment building located?
The property is located at 502 Bay St Santa Monica, CA.
What are key features of this property?
This property features: Five‑unit property with a duplex and three additional residences; Unit mix includes four 2‑bed/1‑bath units and one 1‑bed/1‑bath unit; Corner lot with a small yard
(310) 508-0311 Call to check price and availability
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