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Remodeled Triplex Compound
New
For Sale
$1,995,000

828 Hill St, Santa Monica, CA 90405

Vacant residences include a front house and rear cottages with private outdoor areas.

Days on Market5

Property Features for 828 Hill St

General Information

Standard status Active
Property subtype MULTI_FAMILY

Financials

Cap Rate 4.85%
Gross Income $130,800

Building Details

Building Size 1,796 SF
Year Built 1951
Buildings 3
Tenancy Multi
Listing Agency: Compass
Listed By: James Allan · License #01180635
Source: Evecap
Added: Jul 29 Changed: Aug 2 Last Checked: Aug 2 at 6:47AM

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 Compass

Investment Insights

Based on property information with market context.

Built in 1951, this three-unit property comprises a front two-bedroom, one-bath house and two rear one-bedroom, one-bath cottages. The units are delivered vacant and feature open-concept kitchens with stone countertops, stainless steel appliances, updated baths, and separate laundry facilities. The front residence includes hardwood flooring, a private garden, and access to a two-car garage, while the cottages offer vaulted ceilings and private patios.

The property is located in Santa Monica’s Sunset Park area, eight blocks from the beach and within walking distance of Main Street. Main Street and Abbott Kinney are also only minutes away, providing access to established retail, dining, and coastal-area amenities.

Key Highlights

  • Three‑unit configuration with a front 2‑bedroom/1‑bath house and two rear 1‑bedroom/1‑bath cottages
  • All units delivered vacant
  • Two‑car garage serving the front residence

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Nursing Home Butcher Electrical Service Food Market

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,232
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
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Frequently Asked Questions

What type of property is this?
Triplex - Vacant residences include a front house and rear cottages with private outdoor areas.
Where is this triplex located?
The property is located at 828 Hill St Santa Monica, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Three‑unit configuration with a front 2‑bedroom/1‑bath house and two rear 1‑bedroom/1‑bath cottages; All units delivered vacant; Two‑car garage serving the front residence
More about this property
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