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1015 3rd Street Santa Monica, CA $ 29,950,000
1015 3rd Street
$ 29,950,000
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1015 3rd Street

Santa Monica, CA, 90403
$ 29,950,000
Bedrooms54 Baths2.0 Sq 38,781

Monthly Estimate*

$ 186,849

Listed by Remax Commercial and Investment Realty
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Multi-Family Home for sale in Santa Monica, CA

for $29,950,000 with 54 bedrooms and 2 full baths. This 38,781 square foot home was built in 1954 on a lot size of 0.7752.

We are proud to present a generational opportunity to acquire two premier, extensively renovated apartment buildings in the coveted North of Wilshire neighborhood of Santa Monica: 1015 3rd Street and 1133 10th Street. Together, these assets total 46 units and offer investors the ability to establish a commanding rental presence in one of the most supply-constrained and high-barrier-to-entry markets in the country. 1015 3rd Street (25 units) and 1133 10th Street (21 units) have both undergone transformative renovations with no expense spared. Across both properties, the majority of units feature brand-new plumbing and electrical systems, split system air conditioning, fireplaces, in-unit washer/dryers, enhanced sound proofing on walls, floors, and ceilings, stainless steel appliances, new cabinetry, vanities, closets, and upgraded finishes throughout. The result is a portfolio of luxury residences designed to satisfy Santa Monica's most discerning tenant base. Situated just blocks from the Pacific Ocean, Montana Avenue's boutiques and cafes, and Santa Monica's renowned fine dining, shopping, and entertainment, the properties blend timeless courtyard-style architecture with state-of-the-art interiors, making them irreplaceable assets in one of Los Angeles' most sought after coastal enclaves.

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Multi-Family Active

Price

$ 29,950,000

Bedrooms

54

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.7752

Year Built

1954

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

25605467

Days on Market

67

Features
General
Living Area 38781
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Appliances Dishwasher Disposal Microwave Refrigerator Trash Compactor
Zoning SMR3*
Year Built 1954
Stories Count 1
Levels One Two
Gross Income 1883142
County Los Angeles
Net Operating Income 1267477
New Construction 0
Property Type Residential Income
HOA 0
Attached Garage 1
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Prime North of Wilshire A+ Santa Monica locations
City Santa Monica
Senior Community Y/N 0
Number Of Units Total 46
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 33768
Standard Status Active
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Interior
Total Stories 2
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Stacked
Total Bedrooms 54
Total Baths 54
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Exterior
Parking Features Assigned Gated
Total Parking 45
Lot Size Area 33768
Number of Buildings 2
Building Area Total 38781
Lot Size Acres 0.7752
Lot Size Source Assessor
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* Excluded Features
List By
Remax Commercial And Investment Realty

Broker

jon@taksainvestment.com

Email

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$186,849
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Default based on a 30-year fixed rate of 6.375% 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
11/20/2025$29,950,000 Listed Price

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1015 3rd Street, Santa Monica, CA, 90403 is a Multi-Family Home for sale at $29,950,000 with 38,781 sqft and a lot size of 0.7752. 1015 3rd Street has 54 bedrooms, 2.0 baths, and was built in 1954. The property's zip code is 90403 which is in Santa Monica, CA