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    Santa Monica, CA Multifamily Properties for Sale

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    Contemporary Five-Unit Apartment Building
    Updated: Jul 23
    Contemporary Five-Unit Apartment Building

    1817 Euclid St, Santa Monica, CA 90404

    $2,995,000
    5,027 sqft 0.17 AC lot
    Five‑unit apartment property with 5,027 square feet on a 0.1719‑acre lot
    Four units vacant; one 2‑bedroom, 1‑bath unit tenant‑occupied
    Unit mix includes a 3‑bedroom, 2‑bath residence, 1‑bedroom units, and 2‑bedroom, 1‑bath units
    Three existing spaces identified for potential conversion to up to three ADUs
    Approximately 13 blocks from the beach and about five blocks from the Expo Line
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    Four-Unit Residential Income Property
    Updated: Aug 26
    Four-Unit Residential Income Property

    1252 23rd St, Santa Monica, CA 90404

    $2,595,000
    5,428 sqft 0.12 AC lot
    Four‑unit residential property in Santa Monica
    5,428‑square‑foot building on a 0.1221‑acre parcel
    Tenant‑occupied front three‑bedroom townhouse
    Vacant upper‑level three‑bedroom residence
    Carport and garage parking
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    Courtyard Apartment Building with Six 1-Bed Units
    Courtyard Apartment Building with Six 1-Bed Units

    833 16th St, Santa Monica, CA 90403

    $2,800,000
    4,071 sqft 0.17 AC lot

    Classic 1941 courtyard building in SMR2* zoning with six one-bedroom units and attached single-car garages.

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    See what stands out in Los Angeles County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    10-Unit Apartment Building with Parking
    10-Unit Apartment Building with Parking

    1444 Euclid, Santa Monica, CA 90404

    $2,800,000
    6,248 sqft 0.17 AC lot

    Built in 1958, this 10-unit multifamily property offers a mix of studios and one- and three-bedroom units with on-site parking.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    828 16th St, Santa Monica, CA 90403

    $4,895,000
    9,700 sqft 0.17 AC lot

    The three-level front residence includes a bonus room, private laundry, and four-car garage.

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    Vacant Triplex with In-Unit Laundry
    Vacant Triplex with In-Unit Laundry

    1817 17th St, Santa Monica, CA 90404

    $2,195,000
    2,700 sqft 0.18 AC lot

    Each residence offers two bedrooms, two bathrooms, mini-split climate control, and laundry appliances.

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    Remodeled Contemporary Quadplex
    Remodeled Contemporary Quadplex

    712 Pacific St, Santa Monica, CA 90405

    $3,178,000
    5,744 sqft 0.14 AC lot

    Four-unit income property with flexible occupancy, private outdoor space, in-unit laundry, and gated side-by-side parking.

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    Updated 8-Unit Apartment Building
    Updated 8-Unit Apartment Building

    2648 23rd St, Santa Monica, CA 90405

    $3,200,000
    6,294 sqft 0.21 AC lot

    Individually metered apartments feature private water heaters, spacious layouts, and interior upgrades in most units.

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    Detached Duplex with Four-Car Garage
    Detached Duplex with Four-Car Garage

    1014 Pier Ave, Santa Monica, CA 90405

    $1,999,000
    2,210 sqft 0.11 AC lot

    Two detached homes offer private outdoor areas and separate living spaces on one residential parcel.

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    Three-Unit Triplex Compound
    Three-Unit Triplex Compound

    828 Hill St, Santa Monica, CA 90405

    $1,995,000
    1,796 sqft 0.14 AC lot

    Remodeled three-unit triplex with all units delivered vacant in SMR2* zoning.

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    Six-Unit Apartment Building with Garages
    Six-Unit Apartment Building with Garages

    828 16TH Street, Santa Monica, CA 90403

    $4,895,000
    9,700 sqft

    Mix of townhouse and single-level residences supports both owner-user and investment configurations.

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    Cottage-Style Duplex with Vacant Unit
    Cottage-Style Duplex with Vacant Unit

    1630 Franklin St, Santa Monica, CA 90404

    $1,995,000
    1,892 sqft 0.12 AC lot

    Two residences offer separate layouts, dedicated parking, and owner-use flexibility in Santa Monica.

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    Approved 7-Unit Apartment Property
    Approved 7-Unit Apartment Property

    914 18th St, Santa Monica, CA 90403

    $2,495,000
    5,100 sqft 0.18 AC lot

    Approved plans add three residences to a courtyard property with four existing bungalow-style homes.

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    20-Unit Apartment Building Portfolio
    20-Unit Apartment Building Portfolio

    1243 12th St, Santa Monica, CA 90401

    $5,250,000
    18,832 sqft 0.34 AC lot

    Two adjacent buildings offer controlled entry, on-site laundry, and a varied residential unit mix.

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    Duplex with Detached Studio
    Duplex with Detached Studio

    607 Ashland Ave, Santa Monica, CA 90405

    $1,995,000
    1,599 sqft 0.10 AC lot

    Duplex with detached studio, hardwood floors, and a 1922 build, zoned SMOP2*.

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    Upgraded Triplex with Owner’s Unit
    Upgraded Triplex with Owner’s Unit

    2252 20th St, Santa Monica, CA 90405

    $2,599,000
    2,590 sqft 0.17 AC lot

    Three separate residences offer individual laundry, upgraded systems, garage or carport parking, and shared outdoor space.

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    Vacant Triplex with In-Unit Laundry
    Vacant Triplex with In-Unit Laundry

    1817 17th St, Santa Monica, CA 90404

    $2,195,000
    2,700 sqft 0.18 AC lot

    Three two-bedroom units include two baths, mini-split HVAC, and in-unit laundry.

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    Contemporary Santa Monica Quadplex
    Contemporary Santa Monica Quadplex

    631 Pier Ave, Santa Monica, CA 90405

    $2,995,000
    2,850 sqft 0.13 AC lot

    Split-level residential income property with private garages, updated interiors, and outdoor areas in Ocean Park.

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    Remodeled 4-Unit Quadplex
    Remodeled 4-Unit Quadplex

    712 Pacific St, Santa Monica, CA 90405

    $3,178,000
    5,744 sqft

    Updated residences include in-unit laundry, central HVAC, private outdoor areas, and side-by-side gated parking.

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    Remodeled Four-Unit Property
    Remodeled Four-Unit Property

    643 Pacific St, Santa Monica, CA 90405

    $3,750,000
    4,687 sqft 0.13 AC lot

    Vacant Santa Monica building with varied unit layouts, garage parking, and contemporary interior updates.

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    Apartment Building Near Palisades Park
    Apartment Building Near Palisades Park

    222 Idaho, Santa Monica, CA 90403

    $7,795,000
    15,640 sqft 0.34 AC lot

    Multifamily community with studio, one-bedroom, and two-bedroom residences in Santa Monica.

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    Three-Unit Live-Work Property
    Three-Unit Live-Work Property

    1411 Cloverfield Blvd, Santa Monica, CA 90404

    $2,895,000
    4,098 sqft 0.05 AC lot

    Reimagined residences offer hardwood flooring, central HVAC, private outdoor areas, and assigned garage parking.

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    Pico Boulevard Mixed-Use Assembly
    Pico Boulevard Mixed-Use Assembly

    3024 Pico Boulevard, Santa Monica, CA 90405

    $3,350,000
    3,042 sqft 0.40 AC lot

    Three contiguous parcels combine residential, retail, and office occupancy along a commercial boulevard in Santa Monica.

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    Gated Duplex with ADU Plans
    Gated Duplex with ADU Plans

    2310 Oak St, Santa Monica, CA 90405

    $2,400,000
    2,170 sqft 0.16 AC lot

    Vacant two-unit property with private outdoor areas and garage parking.

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    Santa Monica, CA Multifamily Properties Market Trends and Statistics

    Explore 102 multifamily properties for sale in Santa Monica, CA, showcased through 102 active listings on our real estate platform. These investment opportunities span a total of 299,404 square feet of properties for sale, with an estimated market value of $272,532,490.

    Sale prices for multifamily properties in Santa Monica, CA start at $999,990, averaging $3,682,871, and reaching up to $19,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 64
    Quadplexes 18
    Duplexes 12
    Triplexes 9
    Short term rental properties 2

    Demographics Overview

    Population 94K
    Population Growth (5Y) +0.4%
    Median Household Income $116,661
    College Educated 46.0%

    High-Yield Neighborhoods for Investment

    Identify Santa Monica submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    90404 $2.5M
    90405 $3.3M
    90403 $3.5M
    90401 $4.8M
    90402 $15.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $5.19 per SF
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Los Angeles County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Los Angeles County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Santa Monica fall within the 5,000 to 10,000 square foot range.

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    Most Searched ZIP Codes in Santa Monica, CA

    • 90405
    • 90403
    • 90404
    • 90401
    • 90402

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