Recently Listed Open House 4/4 2pm - 5pm
643 Pacific Street
Santa Monica, CA, 90405 $ 3,999,999
Bedrooms12 Baths1.0 Sq 4,687 Monthly Estimate*
$ 24,629
for $3,999,999 with 12 bedrooms and 1 full bath. This 4,687 square foot home was built in 1961 on a lot size of 0.1349.
A rare and remarkable opportunity to own a fully vacant four-unit property in the heart of Santa Monica, offering immediate flexibility and exceptional income potential in one of Southern California's most desirable coastal markets. Whether you're an investor seeking strong returns, a visionary looking to reposition an asset, or someone dreaming of creating a multi-generational coastal compound, this property opens the door to endless possibilities. It was previously leased by a master tenant and the entire building is available for lease for $25,000 a month. Recently remodeled, the building blends classic coastal charm with modern upgrades and each residence feels bright, inviting, and ready to welcome its next chapter. The two charming 2-bedroom residences offer quiet retreats and the two expansive upper-level units (configured as 3 bedrooms plus a den) showcase beautiful city views, abundant natural light, and generous living spaces rarely found in Santa Monica multi-unit properties. The property's fully vacant status presents a powerful advantage - allowing the next owner to immediately implement their vision and receive market value for each unit. Just minutes from the beach, Main Street, Santa Monica College, Abbot Kinney, and the iconic 3rd Street Promenade, this location captures the very essence of the Santa Monica lifestyle - sun, ocean breezes, vibrant culture, and effortless walkability. For investors and lifestyle buyers alike, opportunities like this are exceptionally rare: a remodeled, fully vacant four-unit property in one of LA's most coveted beachside communities.
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Open House
4/4/2026 2:00 PM - 5:00 PM
643 Pacific Street Santa Monica, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 4687
Heating Wall Furnace
Appliances Dishwasher Disposal Microwave Range Refrigerator
Zoning SMOP2*
Garage Spaces 2
Architectural Style Mid-Century Modern
Pool Features None
Year Built 1961
View City Lights Mountain(s)
Stories Count 2
Levels Two
Gross Income 232680
County Los Angeles
Net Operating Income 170544
Insurance Expense 8513
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 2635
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions West of Lincoln Blvd. South of Pico Blvd.
City Santa Monica
Disclosures Familial Relation Principal is Real Estate Licensed Rent Control
Senior Community Y/N false
Number Of Units Total 4
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 5878
Spa Features None
Rent Control Y/N true
Standard Status Active
Year Built Source Assessor
Expected Active Date 2026-04-03
Taxes 49938
Cap Rate 4.27
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InteriorFlooring Laminate Tile
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Laundry Room Outside
Total Bedrooms 12
Total Baths 6
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ExteriorParking Features Covered Door-Multi Driveway Garage
Total Parking 10
Lot Size Area 5878
Number of Buildings 1
Spa false
Building Area Total 4687
Lot Size Acres 0.1349
Private Pool false
Lot Size Source Assessor
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* Excluded FeaturesList Byjames@thesuarezteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $24,629
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbyMulti-family listings in Santa Monica, CA
Average List Price $4,179,884
Percent of Sale Price 4%
About Santa Monica, CA 92,541 Population
10% Since 2002
$ 89,894 Median Income
42.46 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/3/2026 | $3,999,999 | | Listed Price |