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Property profile & analytics
OFF-MARKET Estimated value $1,175,000
Apartment buildings

901 19th St Santa Monica, CA 90403-6941

6,524 SF 0.18 ac lot Built 1948
Individually Owned Absentee Owner Free & Clear
Property ID
US09-7895195
Property summary
AI-generated overview

This exceptional Class A, 7-unit apartment building at 901 19th Street, Santa Monica, CA 90403, presents a compelling investment opportunity. Boasting a desirable North of Wilshire location, this property offers a strong mix of unit sizes, including a spacious 3-bedroom owner's unit, along with 2-bedroom and 1-bedroom units. Built in 1948, the building sits on a prime corner lot, providing excellent visibility and access. The property currently generates a Net Operating Income (NOI) of $157,981, resulting in a 3.55% capitalization rate. The asking price is $4,450,000. Its proximity to Montana Avenue ensures high demand due to the abundance of nearby restaurants, shops, and cafes. This fully occupied building is situated in one of Santa Monica's most coveted areas, commanding above-average rental rates. Given the current occupancy, showings are only available after an accepted offer. This is a rare chance to acquire a trophy asset in a highly sought-after location with significant potential for future appreciation. The property's strong financial performance and prime location make it an ideal addition to any investment portfolio. Serious inquiries only.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1948
Construction WOOD
Total area 6,524 SF
Lot 0.18 ac (8,007 SF)
Zoning code SMR2*
APN 4277-011-013
UPID US09-7895195
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Brourman Physical Therapy Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.62M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.18M
Owner & transaction history
Alan A Ensari
Alan A Ensari
since 2026
7 recorded transactions
2026
Price N/A
2000
Price N/A
2000
$1.2M
2000
Price N/A
1989
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
SMR2* · Santa Monica, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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