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

1824 Michigan Avenue

^$ 3,495,000

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Recently Listed

1824 Michigan Avenue

Santa Monica, CA, 90404

^$ 3,495,000

Bedrooms13 Baths5.0 Sq 5,160

Monthly Estimate*

^$ 21,519

Listed by Lyon Stahl Investment Real Estate, Inc.

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

1824 Michigan Avenue, Santa Monica, CA 90404 - Image 5

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1824 Michigan Avenue, Santa Monica, CA 90404 - Image 7

1824 Michigan Avenue, Santa Monica, CA 90404 - Image 8

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

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

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Multi-Family Home for sale in Santa Monica, CA

for $3,495,000 with 13 bedrooms and 5 full baths. This 5,160 square foot home was built in 1922 on a lot size of 0.3676.

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

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3676

Year Built

1922

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

26649501

Days on Market

Features

General

Living Area 5160

Heating Central

Cooling Central Air

Zoning SMR2*

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

Year Built 1922

Stories Count 1

Levels One

Gross Income 285228

County Los Angeles

Net Operating Income 177597

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Just South of Olympic. Corner of 18th and Michigan Ave.

City Santa Monica

Senior Community Y/N false

Number Of Units Total 7

MLS Area C14 - Santa Monica

Lot Size Units Square Feet

Lot Size Square Feet 16014

Property Condition Additions/Alterations

Standard Status Active

Cap Rate 5.08

Interior

Total Stories 1

Air Conditioning Y/N true

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features Stacked

Total Bedrooms 13

Total Baths 8

Exterior

Parking Features Driveway

Lot Features Front Yard

Total Parking 4

Lot Size Area 16014

Number of Buildings 2

Building Area Total 5160

Lot Dimensions 100x160

Lot Size Acres 0.3676

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

Yigal@lyonstahl.com

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 ^$3,975,084

Percent of Sale Price 14%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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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 0.3676. 1824 Michigan Avenue has 13 bedrooms, 5.0 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 2/20/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1824 Michigan Avenue

Multi-Family Home for sale in Santa Monica, CA

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