1252 23rd Street Santa Monica, CA $ 2,595,000
1252 23rd Street
$ 2,595,000
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1252 23rd Street

Santa Monica, CA, 90404
$ 2,595,000
Bedrooms10 Baths2.0 Sq 5,428

Monthly Estimate*

$ 16,385

Listed by Wellman Realty Co.
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Multi-Family Home for sale in Santa Monica, CA

for $2,595,000 with 10 bedrooms and 2 full baths. This 5,428 square foot home was built in 1965 on a lot size of 0.1221.

Owner-user income-property alternative to condominium ownership. This four-unit Santa Monica property includes a tenant-occupied front 3-bedroom townhouse and a vacant upper-level 3-bedroom residence - an uncommon opportunity for immediate owner occupancy with rental income from the balance of the property. At approximately $478/SF for the building, buyers should compare the total ownership economics with nearby condominium options, including usable space, rental income, operating costs, financing, and applicable rent regulations. Enjoy a central location approximately one-half block from Trader Joe's, Whole Foods, New York Bagel, O'Brien's Irish Pub, and everyday neighborhood conveniences. Buyer to independently verify all information, rents, expenses, square footage, zoning, permits, condition, financing availability, and tax implications.

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Multi-Family Active

Price

$ 2,595,000

Bedrooms

10

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1221

Year Built

1965

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

26875531

Days on Market

2

Features
General
Living Area 5428
Cooling None
Zoning SMR2*
Year Built 1965
Levels Multi/Split
Gross Income 162504
County Los Angeles
Net Operating Income 121878
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North of Santa Monica Blvd West of 23rd Street.
City Santa Monica
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 4
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 5319
Carport Y/N true
Standard Status Active
Cap Rate 4.7
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Interior
Total Stories 2
Air Conditioning Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Common Area
Total Bedrooms 10
Total Baths 8
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Exterior
Parking Features Carport Private
Total Parking 8
Lot Size Area 5319
Number of Buildings 1
Building Area Total 5428
Lot Size Acres 0.1221
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* Excluded Features
List By
Wellman Realty Co.

Broker

wes@wellmanproperties.com

Email

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$16,385
Per Month
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Monthly Principal & Interest
$16,385
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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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/26/2026$2,595,000 Listed Price

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1252 23rd Street, Santa Monica, CA, 90404 is a Multi-Family Home for sale at $2,595,000 with 5,428 sqft and a lot size of 0.1221. 1252 23rd Street has 10 bedrooms, 2.0 baths, and was built in 1965. The property's zip code is 90404 which is in Santa Monica, CA