Santa Monica 12-Unit Apartment Building

Arizona Avenue, Santa Monica, CA 90404

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For Sale

$5,750,000

12-unit apartment building in Santa Monica with upside potential.

Type:Commercial

Property size:

10,671 SF

Lot size:

0.27 Acres

Price / SF:

$538/SF

HighLights

Prime Santa Monica location, close to employment, beaches and more.
Desirable unit mix featuring ten 2‑bedroom units and two newly constructed studio ADUs.
Significant recent capital improvements ensure a low‑maintenance property.
Upgrades include comprehensive electrical, plumbing, and exterior renovations.
Newly constructed studio ADUs maximize rental income.
SB‑721 balcony inspections completed.

We can help!

Listing Contact

JONATHAN TAKSA

Learn more

For Sale

$5,750,000

12-unit apartment building in Santa Monica with upside potential.

Type:Commercial

Property size:

10,671 SF

Lot size:

0.27 Acres

Price / SF:

$538/SF

Added:: Sep 3, 2025
Days on Market:: 280
Last Refresh:: Apr 5 at 8:48 pm

Property Features for Arizona Avenue

General Information

Standard status: Active
Size: 10,671 SF
Lot size: 0.27 Acres
Property subtype: Commercial

Building Details

Year Built: 1961

We can help!

Listing Contact

JONATHAN TAKSA

Listing agent JONATHAN TAKSA License #01366169

Listing office REMAX COMMERCIAL AND INVESTMENT REALTY

Listing date Sep 3, 2025

Source Corcoran

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 REMAX COMMERCIAL AND INVESTMENT REALTY

HighLights

Prime Santa Monica location, close to employment, beaches and more.
Desirable unit mix featuring ten 2‑bedroom units and two newly constructed studio ADUs.
Significant recent capital improvements ensure a low‑maintenance property.
Upgrades include comprehensive electrical, plumbing, and exterior renovations.
Newly constructed studio ADUs maximize rental income.
SB‑721 balcony inspections completed.

Overview

Located in Santa Monica, this 12-unit apartment building presents an investment opportunity. The property features ten 2-bedroom, 1.5-bath units and two studio ADUs. Situated on the Westside, the location offers proximity to employment centers, beaches, shopping, dining, and public transportation. Recent capital improvements include a main electrical system enhancement, plumbing improvements, exterior renovations, and the addition of two conforming ADUs. SB-721 balcony inspections have been completed. Select units have been renovated with wood-inspired flooring, stainless steel appliances, gas ranges, and garbage disposals. The property may be purchased individually or as part of a portfolio with other properties.

Location Intelligence

Current Use by Public Records

Apartment buildings

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City: Santa Monica
County: Los Angeles
State: California
Longitude: -118.499
Latitude: 34.0158

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For sale
Apartment buildings
CA
Santa Monica
90404
Arizona Avenue

What type of property is this?

Apartment building - 12-unit apartment building in Santa Monica with upside potential.

Where is this apartment building located?

The property is located at Arizona Avenue Santa Monica, CA.

What is the asking price?

The asking price for this property is $5,750,000.

What are key features of this property?

This property features: Prime Santa Monica location, close to employment, beaches and more.; Desirable unit mix featuring ten 2‑bedroom units and two newly constructed studio ADUs.; Significant recent capital improvements ensure a low‑maintenance property.