Residential Income

Santa Monica, CA Residential Income Properties for Sale

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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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Six-Unit Apartment Building
Updated: Aug 31
Six-Unit Apartment Building

828 16th St, Santa Monica, CA 90403

$4,895,000
9,700 sqft 0.17 AC lot
Six‑unit apartment property with 9,700 square feet on a 0.1724‑acre lot
Three units, including the front residence, are scheduled for delivery vacant upon close of escrow
Front residence spans three levels with 3 bedrooms, 3.5 bathrooms, and a bonus room
Four‑car garage serves the front residence; five additional units each have a one‑car garage
Five additional units include a mix of single‑level and townhouse layouts
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Six-Unit Courtyard Apartment Building
Six-Unit Courtyard Apartment Building

833 16th St, Santa Monica, CA 90403

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

1940s courtyard property with attached garages and multiple vacant units for flexible occupancy.

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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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NOI available after sign in
Local Demand available after sign in
Three-Unit Live-Work Property
Three-Unit Live-Work Property

1411 Cloverfield Blvd, Santa Monica, CA 90404

$2,895,000
4,098 sqft

Flexible property combining private residences, workspace, outdoor areas, and secure off-street parking.

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Remodeled Quadplex With Gated Parking
Remodeled Quadplex With Gated Parking

712 Pacific St, Santa Monica, CA 90405

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

Four remodeled residences offer private outdoor space, in-unit laundry, central HVAC, and assigned side-by-side parking.

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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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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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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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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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Bungalow Duplex with Detached Studio
Bungalow Duplex with Detached Studio

607 Ashland Ave, Santa Monica, CA 90405

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

Two residences include a private courtyard and a separate studio with flexible workspace potential.

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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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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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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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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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6-Unit Apartment Building with Garages
6-Unit Apartment Building with Garages

947 17th St, Santa Monica, CA 90403

$2,695,000
4,137 sqft 0.17 AC lot

Updated apartments feature shared laundry, electric heating, and dedicated garage parking.

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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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Five-Unit Apartment Building
Five-Unit Apartment Building

1523 Berkeley St, Santa Monica, CA 90404

$1,725,000
3,766 sqft 0.19 AC lot

Multifamily property with a courtyard, detached garages, and a mix of one- and two-bedroom residences.

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3-Unit Live/Work Triplex
3-Unit Live/Work Triplex

1411 Cloverfield Blvd, Santa Monica, CA 90404

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

Reconfigured residences offer creative workspace, private outdoor areas, central HVAC, and secure assigned parking.

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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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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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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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Triplex with Private Outdoor Areas
Triplex with Private Outdoor Areas

828 Hill St, Santa Monica, CA 90405

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

Three residences include updated kitchens, finished baths, private outdoor areas, and separate laundry facilities.

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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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Spanish-Style Apartment Building
Spanish-Style Apartment Building

1118 15th St., Santa Monica, CA 90403

$3,350,000
0.17 AC lot

Eight bedrooms and eight bathrooms feature high ceilings, wood and tile flooring, and public utilities.

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Santa Monica, CA Residential Income Properties Market Trends and Statistics

Explore 80 residential income properties for sale in Santa Monica, CA, showcased through 80 active listings on our real estate platform. These investment opportunities span a total of 298,235 square feet of properties for sale, with an estimated market value of $295,447,500.

Sale prices for residential income properties in Santa Monica, CA start at $1,262,500, averaging $3,836,980, 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

Multifamily properties 83
Apartment buildings 46
Quadplexes 15
Duplexes 11
Triplexes 8

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 $14.1M

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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