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    Santa Monica, CA Quadplexes for Sale

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    Santa Monica Quadplex Investment Opportunity
    Updated: Apr 24
    Santa Monica Quadplex Investment Opportunity

    2117 Stewart St, Santa Monica, CA 90404

    $1,915,000
    5,600 sqft
    Four Units: Generates quadruple income potential or allows owner‑occupancy with rental income from other units.
    Prime Location: Close proximity to Virginia Ave Park and Santa Monica Pier, with easy freeway access.
    Updated Units: Three units feature extensive updates including new paint, flooring, stainless steel appliances, and remodeled baths.
    Expansion/Redevelopment Potential: SMR2 zoning on a triple corner lot provides options for expansion or redevelopment.
    Parking: Includes 4‑car garages, one additional parking space, and off‑street parking.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2117 Stewart St, Santa Monica, CA 90404

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $98K
      Annual

    • Mortgage

      $1.15M
      Feb 2018

    • Last Sold

      Feb 2018
      $1.75M

    • Property Type

      Quadplex
      Built 1941
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    Split-Level Santa Monica Quadplex
    Updated: May 28
    Split-Level Santa Monica Quadplex

    631 Pier Ave, Santa Monica, CA 90405

    $2,995,000
    2,850 sqft 0.13 AC lot
    2,850‑square‑foot four‑unit property on 0.1262 acres
    Unit mix includes two 2‑bedroom units, one 1‑bedroom unit, and one studio
    Four private garages plus additional off‑street parking
    Built in 1961 with updated interiors, new flooring, upgraded finishes, and improved decking
    Subject to Santa Monica rent control and zoned SMOP2*
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    Remodeled Fully Vacant Quadplex
    Remodeled Fully Vacant Quadplex

    643 Pacific St, Santa Monica, CA 90405

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

    Remodeled 1961 quadplex with four fully vacant units, zoned SMOP2*, and wall A/C plus garage parking.

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    Quadplex with Four Detached Garages
    Quadplex with Four Detached Garages

    238 Bicknell, Santa Monica, CA 90405

    $1,849,000
    0.14 AC lot

    Four-unit quadplex with classic 1920 construction, shared laundry, and four detached garages on a rear patio site.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Quadplex with Three Vacant One-Bed Units
    Quadplex with Three Vacant One-Bed Units

    1226 Chelsea Ave, Santa Monica, CA 90404

    $2,498,000
    3,038 sqft 0.12 AC lot

    All units delivered vacant, with central HVAC installed in 2025 and garage-plus-driveway parking.

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    Four-Unit Quadplex with Separate Utilities
    Four-Unit Quadplex with Separate Utilities

    2117 Stewart Street, Santa Monica, CA 90404

    $1,915,000
    0.13 AC lot

    Four-unit quadplex with separate gas and electric metering, private patios, and SMR2* zoning on a triple corner lot.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    238 Bicknell, Santa Monica, CA 90405

    $1,849,000
    2,369 sqft 0.14 AC lot

    Four-unit multifamily property with detached garages, shared laundry, and unit access from the front and rear.

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    Four-Unit Multifamily with On-Site Parking
    Four-Unit Multifamily with On-Site Parking

    2230 Delaware Ave, Santa Monica, CA 90404

    $2,260,000
    3,075 sqft

    All units are currently tenant occupied and there are five on-site parking spaces for residents.

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    Remodeled Vacant Four-Unit Quadplex
    Remodeled Vacant Four-Unit Quadplex

    643 Pacific Street, Santa Monica, CA 90405

    $3,750,000
    4,687 sqft

    Fully vacant, recently remodeled four-unit quadplex with two lower two-bedroom homes and two upper-level units configured with three bedrooms plus a den.

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    Split-Level Four-Unit Residential Income
    Split-Level Four-Unit Residential Income

    631 Pier Ave, Santa Monica, CA 90405

    $2,995,000

    Four split-level units include mini-split A/C and four private garages, with updated interiors and decking throughout.

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    Multifamily Four-Unit Property
    Multifamily Four-Unit Property

    238 Bicknell, Santa Monica, CA 90405

    $1,999,000

    Four-unit Santa Monica income property with detached garages, shared laundry, and flexible lower-unit access.

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    Remodeled Quadplex with Parking
    Remodeled Quadplex with Parking

    3017 Colorado Ave, Santa Monica, CA 90404

    Contact for pricing

    Four-unit quadplex offering remodeled units, in-unit laundry in multiple homes, and dedicated parking for select units.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 12 Active listings in Santa Monica, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Unit Quadplex with Private Entrances
    Four-Unit Quadplex with Private Entrances

    2620 S Barrington Ave, Los Angeles, CA 90064

    $2,100,000
    3,606 sqft 0.15 AC lot

    Four-unit quadplex in LAR3 zoning with private entrances, garage parking, and on-site commercial-size laundry.

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    Four-Unit Multifamily Building with Parking
    Four-Unit Multifamily Building with Parking

    616 Sunset, Venice, CA 90291

    $2,850,000
    3,224 sqft 0.11 AC lot

    Four renovated two-bedroom units with in-unit laundry, balconies, and parking for seven vehicles on a 4,802 sq ft lot.

    View details
    Four-Unit Multifamily with Parking
    Four-Unit Multifamily with Parking

    616 Sunset, Venice, CA 90291

    $3,000,000
    3,224 sqft 0.11 AC lot

    Renovated 2BR/1BA quadplex with in-unit laundry, balconies, and seven-vehicle parking plus potential detached ADU conversion.

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    Mixed-Use Building with Retail and Apartments
    Mixed-Use Building with Retail and Apartments

    1700-1702 Lincoln Blvd, Los Angeles, CA 90291

    Contact for pricing
    8,192 sqft

    Mixed-use building with three retail units and four apartment units in Venice.

    View details

    Santa Monica, CA Quadplexes Market Trends and Statistics

    Explore 12 quadplexes for sale in Santa Monica, CA, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 26,306 square feet of properties for sale, with an estimated market value of $27,775,000.

    Sale prices for four-unit buildings in Santa Monica, CA start at $1,849,000, averaging $2,525,000, and reaching up to $3,750,000 — 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 48
    Quadplexes 12
    Triplexes 9
    Duplexes 6
    Short term rental properties 3

    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 $2M
    90405 $2.7M
    90402 $7.5M

    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

    Retail

    Office

    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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