4-Unit Multifamily
For Sale
Contact for pricing
718 Kensington Road, Santa Monica, CA 90405
Four-unit multifamily property in Santa Monica’s Ocean Park area near the beach and Main Street corridor.
Property SizeContact for details
Days on Market121
Property Features for 718 Kensington Road
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
4
Listing Agency:
Lee & Associates Los Angeles - Investment Services Group, Inc
(213) 623-0800
Listed By:
Jesse Munoz · License #CA 01372980
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 4:20AM
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 Lee & Associates Los Angeles - Investment Services Group, Inc
Investment Insights
Based on property information with market context.
This four-unit multifamily building is located in Santa Monica’s Ocean Park neighborhood, described as just blocks from the beach. The offering notes that current rents are below market, with a projected 28.37% upside.
The property is positioned near the Main Street shopping and dining corridor, with easy access to the I-10 Freeway via Lincoln Boulevard. It is also described as being in the heart of Santa Monica between the Downtown/Third Street Promenade shopping district and Main Street, where visitors can find nationally known retailers and nearby cinemas, along with a variety of dining options.
The Santa Monica Pier is also referenced as hosting events throughout the year, supporting the area’s continued retail and entertainment draw.
The property is positioned near the Main Street shopping and dining corridor, with easy access to the I-10 Freeway via Lincoln Boulevard. It is also described as being in the heart of Santa Monica between the Downtown/Third Street Promenade shopping district and Main Street, where visitors can find nationally known retailers and nearby cinemas, along with a variety of dining options.
The Santa Monica Pier is also referenced as hosting events throughout the year, supporting the area’s continued retail and entertainment draw.
Key Highlights
- 4‑unit multifamily building in Santa Monica’s Ocean Park neighborhood
- $575,000 per unit (provided listing figure)
- Located just blocks from the beach
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,850
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily property in Santa Monica’s Ocean Park area near the beach and Main Street corridor.
Where is this quadplex located?
The property is located at 718 Kensington Road Santa Monica, CA.
What are key features of this property?
This property features: 4‑unit multifamily building in Santa Monica’s Ocean Park neighborhood; $575,000 per unit (provided listing figure); Located just blocks from the beach
