1824 Michigan Avenue Santa Monica, CA ^$ 3,495,000

1824 Michigan Avenue

^$ 3,495,000

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1824 Michigan Avenue

Santa Monica, CA, 90404

^$ 3,495,000

Studio Baths0.0 Sq 5,160

Monthly Estimate*

^$ 21,519

1824 Michigan Avenue, Santa Monica, CA 90404 - Image 1

1824 Michigan Avenue, Santa Monica, CA 90404 - Image 2

1824 Michigan Avenue, Santa Monica, CA 90404 - Image 3

1824 Michigan Avenue, Santa Monica, CA 90404 - Image 4

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1824 Michigan Avenue, Santa Monica, CA 90404 - Image 9

1824 Michigan Avenue, Santa Monica, CA 90404 - Image 10

Studio

Multi-Family Home for sale in Santa Monica, CA

for $3,495,000. This 5,160 square foot home was built in 1922 on a lot size of 0.37.

1824 Michigan Ave is a seven-unit property comprised of two separate structures situated on an over 16,000 SF lot in the heart of Santa Monica. The asset is ideally located minutes from Santa Monica College, the 10 Freeway, Downtown Santa Monica, and major tourist attractions. The property is comprised of a 3BR/2BA single-family residence that will be delivered vacant, along with a separate six-unit apartment structure. A compelling value-add opportunity exists through the completion of two ADUs, with plans and permits fully approved and paid for, and the structural framework already in place allowing a new owner to immediately capitalize on increased density and rental income with minimal entitlement risk. The unit mix on the six unit building is: One Single, One 1BR, 1BA, Four 2BR, 1BA. The Two approved ADU's that the owner has already began work on are a 2BR 1BA, and a 3BR, 2.5BA.

Multi-Family Active

Price

^$ 3,495,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.37

Year Built

1922

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0026649501

Features

General

Living Area 5160.0

Heating Central

Cooling Central Air

Zoning SMR2*

Security Features Smoke Detector(s) Carbon Monoxide Detector(s)

Year Built 1922

Levels One

County Los Angeles

Net Operating Income 177597.0

New Construction No

Property Type C

HOA No

Status Active

City Santa Monica

Senior Community Y/N No

MLS Area C14 - Santa Monica

Lot Size Units Square Feet

Lot Size Square Feet 16014.0

Property Condition Additions/Alterations

Standard Status Active

Exterior

Parking Features Driveway

Lot Features Front Yard

Lot Size Area 16014.0

Pool Y/N? Yes

Building Area Total 5160.0

Lot Dimensions 100x160

Lot Size Acres 0.37

Land Lease Type Fee

Interior

Total Stories 1

Air Conditioning Y/N Yes

Heating Y/N Yes

Laundry Features Stackable

Total Baths 0

* Excluded Features

List By

Yigal Fatirian

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$21,519

Per Month

Monthly Principal & Interest: $21,519
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Santa Monica, CA

Average List Price ^$4,117,538

Percent of Sale Price 18%

About Santa Monica, CA

92,541 Population

10% Since 2002

^$89,894 Median Income

42.46 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/10/2026	$3,495,000		Listed Price

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1824 Michigan Avenue, Santa Monica, CA, 90404 is a Multi-Family Home for sale at $3,495,000 with 5,160 sqft and a lot size of 0.37. 1824 Michigan Avenue is a studio with 0.0 baths and was built in 1922. The property's zip code is 90404 which is in Santa Monica, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/27/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1824 Michigan Avenue

Multi-Family Home for sale in Santa Monica, CA

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