712 Pacific Street
Santa Monica, CA, 90405 $ 2,995,000
Bedrooms11 Baths2.0 Sq 5,744 Monthly Estimate*
$ 18,911
for $2,995,000 with 11 bedrooms and 2 full baths. This 5,744 square foot home was built in 1987 on a lot size of 0.1368.
Welcome to 712 Pacific Street in Ocean Park. Built in 1987 and in excellent condition, this well-maintained 4-Unit property offers a compelling combination of lifestyle and investment appeal. All units have been recently remodeled and feature in-unit laundry, central HVAC, private balconies/patios, and convenient side-by-side gated parking. The highly desirable unit mix adds to the property's appeal, while one unit will be delivered vacant, creating the flexibility to owner-occupy or lease it at market rates. Significant capital improvements provide additional peace of mind, including a new flat roof installed in 2023, all-new HVAC systems in every unit installed in 2023/2024, all new windows in 2013, and the completion of all recommended SB 326 work in 2025. The units are not subject to Santa Monica Rent Control. AB 1482 does apply. Close to hip and trendy shops, coffee, and eateries like Cobi's, Cedar One Coffee Bar, Local Kitchen + Wine Bar, Thyme Bakery, Bob's Market, and Trader Joe's. Also, not far from SMC, UCLA, LMU, and OTIS College of Design. And when it's time to trade the spreadsheets for some sunshine, the world-famous Strand bike path is just a short ride away. Invest confidently in the Ocean Park lifestyle with a 4-Unit property that feels as relaxed and effortlessly cool as the neighborhood itself. With its vibrant beach-town energy, cool ocean breezes, and coveted coastal marine layers, 712 Pacific Street offers an outstanding combination of lifestyle appeal, quality improvements, flexibility, and investment potential.
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FeaturesGeneralLiving Area 5744
Heating Central
Cooling Central Air
Roof Metal
Appliances Dishwasher Disposal Microwave Range Refrigerator Range Hood Dryer Washer
Zoning SMOP2*
Garage Spaces 9
Patio/Porch Features Open Patio
Architectural Style Contemporary
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Stucco
Year Built 1987
Tenant Pays Cable TV Electricity Gas Insurance Other
View None
Stories Count 2
Levels Two
Gross Income 247800
County Los Angeles
Net Operating Income 167373
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Google Maps
City Santa Monica
Entry Location Main Level
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 4
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 5961
Carport Spaces 0
Number of Units Leased 3
Spa Features None
Property Attached Y/N true
Property Condition Updated/Remodeled
Standard Status Active
Occupancy Type Tenant
Cap Rate 5.59
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InteriorInterior Amenities Recessed Lighting
Flooring Laminate Tile
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Stacked
Total Bedrooms 11
Total Baths 8
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ExteriorExterior Amenities Rain Gutters
Parking Features Assigned Garage Gated Side By Side
Total Parking 9
Inclusions All Housing Provider Owner Appliances
Lot Size Area 5961
Number of Buildings 1
Spa false
Building Area Total 5744
Lot Size Acres 0.1368
Private Pool false
Door Features Sliding Doors
Number of Separate Water Meters 0
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded FeaturesList Byscott.price@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,911
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $3,245,088
Percent of Sale Price 8%
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 |
|---|
| 8/21/2026 | $2,995,000 | | Listed Price |