2432 3Rd Street Santa Monica, CA $ 5,668,888
2432 3Rd Street
$ 5,668,888
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2432 3Rd Street

Santa Monica, CA, 90405
$ 5,668,888
Baths0.0 Sq 4,400

Monthly Estimate*

$ 35,366

Listed by Locals Real Estate
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Studio

Multi-Family Home for sale in Santa Monica, CA

for $5,668,888. This 4,400 square foot home was built in 1918 on a lot size of 0.15.

Welcome to 2432 3rd St, a historic and charming multi-family property located in the heart of Santa Monica, CA. Built in 1918, this unique home boasts a total of 7 bathrooms and a spacious finished area of 4,400 square feet. Situated on a generous lot size of 6,495 square feet, this property offers plenty of outdoor space for relaxing and entertaining. Incredible and spacious 1920s Spanish style two-story duplex in front and classic craftsman shotgun bungalows nestled in back inside separate private compound. Entire property is gated for privacy and serenity. In historic Ocean Park, just 3 blocks from the beach and steps to world famous Main St with delicious and exciting nightlife, but also the calming quiet of the waves heard at night, and soothing breeze during the day. Fruit, flowering and other privacy trees and hedges see occasional southern California squirrels, hummingbirds and doves at play. Has driveway parking for up to 5 cars (one being in the carport.) An extensive and legal remodel and expansion completed in 2020, 2021, and 2023, the large breathtaking units are able to be quickly and easily rented out short or long term with a solid return on investment with the enticement of the beach location locking in a solid long term growth potential. Important note: square footage and rooms here are correct.

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Multi-Family Active

Price

$ 5,668,888

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1918

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

PTP2509010

Days on Market

18

Features
General
Sewer Private Sewer
Heating Electric ENERGY STAR Qualified Equipment High Efficiency Natural Gas Wall Furnace
Cooling Ductless Electric ENERGY STAR Qualified Equipment Gas High Efficiency Heat Pump Wall/Window Unit(s)
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Natural Gas Available See Remarks Overhead Utilities
Roof Asphalt Composition Common Roof Rolled/Hot Mop Spanish Tile Tar/Gravel
Appliances Barbecue Convection Oven Dishwasher ENERGY STAR Qualified Appliances Free-Standing Range Microwave Refrigerator Range Hood Self Cleaning Oven Tankless Water Heater Vented Exhaust Fan Water To Refrigerator Water Heater Dryer Washer
Zoning SMOP2
HOA Fee 0
Garage Spaces 1
Architectural Style Bungalow Cape Cod Craftsman Spanish Shotgun Traditional Patio Home
Pool Features None
Security Features Security System Closed Circuit Camera(s) Carbon Monoxide Detector(s) Fire Detection System Fire Rated Drywall Smoke Detector(s) Security Lights
Construction Materials Block Drywall Frame Hardboard Concrete Redwood Siding Shingle Siding Stucco Steel Wood Siding Copper Plumbing
Year Built 1918
Electric 220 Volts in Garage Standard 220 Volts
View Neighborhood Trees/Woods
Property Subtype Triplex
Gross Income 260000
Community Features Biking Curbs Dog Park Hiking Storm Drain(s) Street Lights Suburban Sidewalks Water Sports Park
Accessibility Safe Emergency Egress from Home No Stairs Parking Accessible Doors Accessible Hallway(s)
County Los Angeles
Net Operating Income 260000
Operating Expense 29600
Insurance Expense 3600
New Construction false
Property Type Residential Income
HOA false
Energy Efficient Appliances
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 3rd Street between Mills Street and Hollister
City Santa Monica
Disclosures Accessory Dwelling Unit Coastal Zone
Entry Location Front
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 3
MLS Area C14 - Santa Monica
Lot Size Units Acres
Lot Size Square Feet 6534
Carport Spaces 1
Carport Y/N true
Number of Units Leased 4
Listing Terms Cash Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Property Condition Building Permit Updated/Remodeled
Trash Expense 1000
Additional Parcels Y/N false
Rent Control Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2509010
Standard Status Active
Tax Lot n/a
Total Actual Rent 280000
Property Sub Type Additional Triplex
Taxes 20000
Cap Rate 0
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Interior
Interior Amenities Built-in Features Block Walls Ceiling Fan(s) Crown Molding Cathedral Ceiling(s) Furnished High Ceilings Open Floorplan Pantry Recessed Lighting Storage Smart Home Tandem Attic Bedroom on Main Level Entrance Foyer Galley Kitchen Instant Hot Water Main Level Primary Utility Room Walk-In Closet(s)
Flooring Bamboo Concrete Tile Wood
Fireplace Features Insert Free Standing Gas Wood Burning Stove
Total Stories 2
Common Walls 1 Common Wall End Unit No One Above No One Below
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Common Area Washer Hookup Electric Dryer Hookup Gas Dryer Hookup Inside In Kitchen In Carport Outside Stacked
Entry Level 1
Total Baths 0
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Exterior
Exterior Amenities Barbecue Lighting Rain Gutters
Fencing Excellent Condition Privacy Security Wrought Iron
Parking Features Attached Carport Concrete Carport Driveway Gated On Site Off Street Paved Permit Required Porte-Cochere Private One Space On Street Uncovered
Lot Features 2-5 Units/Acre Back Yard Front Yard Sprinklers In Rear Sprinklers In Front Near Park Near Public Transit Rectangular Lot Rolling Slope Secluded Sprinklers On Side Sprinkler System Trees Yard
Total Parking 6
Lot Size Area 0.15
Foundation Details Combination Concrete Perimeter Pillar/Post/Pier Quake Bracing Raised Tie Down
Number of Buildings 4
Spa false
Building Area Total 4400
Lot Size Acres 0.15
Road Surface Type Paved
Private Pool false
Lot Size Source GIS Calculated
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
Other Equipment Satellite Dish
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* Excluded Features
List By
Locals Real Estate

Broker

davidsaikaly@gmail.com

Email

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$35,366
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$35,366
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/6/2025$5,668,888 Listed Price

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2432 3Rd Street, Santa Monica, CA, 90405 is a Multi-Family Home for sale at $5,668,888 with 4,400 sqft and a lot size of 0.15. 2432 3Rd Street is a studio with 0.0 baths and was built in 1918. The property's zip code is 90405 which is in Santa Monica, CA