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Santa Monica Multifamily Investment Opportunity
For Sale
$4,000,000

943 19th Street, Santa Monica, CA 90403

Two-story, six-unit building in prime Santa Monica location.

Property SizeContact for details
Days on Market494

Property Features for 943 19th Street

General Information

Standard status Active

Building Details

Year Built 1959
Listing Agency: EQUITY UNION
Listed By: PAUL BACCINO
Source: Corcoran
Added: May 10, 2025 Changed: Mar 16 Last Checked: Sep 14 at 7:31AM

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 EQUITY UNION

Investment Insights

Based on property information with market context.

Located in Santa Monica, near the intersection of Montana Avenue and 19th Street, this two-story building offers an investment opportunity. The 7,180-square-foot building contains six units: five 3-bedroom units and one 2-bedroom unit. The building has completed a Soft-Story Retrofit per LADBS requirements. On-site covered parking is available, with single-car garages at the rear of the building, accommodating six cars. The property is situated near Trader Joe’s, Pavilions, and the Aero Theater, with proximity to shops, dining, entertainment, and Santa Monica Boulevard. It is also located minutes from beaches. The property may be suitable for owner-users or investors looking to expand their portfolio.

Key Highlights

  • Prime Santa Monica location near Montana Ave and 19th St.
  • Six units: five 3‑bedroom and one 2‑bedroom.
  • Soft‑Story Retrofit completed per LADBS requirements.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Tattoo & Piercing Shop Barber Shop Restaurant

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

Location Intelligence

Trade Area within ½ mile

5,764
Businesses Nearby

Demographics for 90403, CA

25,278
Population
14,853
Households
1.7
Avg Household Size
42
Median Age
72%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
18,056
Density / Sq Mi
$121,512
Median Household Income
$82,557
Median Earnings
$2,443
Median Rent
$1,553,500
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?
Apartment building - Two-story, six-unit building in prime Santa Monica location.
Where is this apartment building located?
The property is located at 943 19th Street Santa Monica, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Prime Santa Monica location near Montana Ave and 19th St.; Six units: five 3‑bedroom and one 2‑bedroom.; Soft‑Story Retrofit completed per LADBS requirements.
More about this property
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