1024 Pico Boulevard Santa Monica, CA $ 2,800,000
1024 Pico Boulevard
$ 2,800,000
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1024 Pico Boulevard

Santa Monica, CA, 90405
$ 2,800,000
Baths1.0 Sq 4,874

Monthly Estimate*

$ 17,240

Listed by ADW Management USA, Inc.
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Studio

Multi-Family Home for sale in Santa Monica, CA

for $2,800,000 with 1 full bath. This 4,874 square foot home was built in 1955 on a lot size of 0.1373.

This professionally managed multifamily apartment consists of eight 1-bedroom units, nine uncovered parking spaces, a common area laundry room, and a rented storage room. All units are equipped with stainless appliances and are separately metered for gas and electricity. With Santa Monica State Beach located just 1 mile away and a variety of shopping, dining and entertainment options in the nearby area, you don’t want to miss out on this investment opportunity!

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Multi-Family Active

Price

$ 2,800,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1373

Year Built

1955

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

SB26042958

Days on Market

22

Features
General
Sewer Public Sewer
Heating Wall Furnace
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Flat
Zoning SMC4
HOA Fee 0
Garage Spaces 0
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Stucco
Year Built 1955
Tenant Pays Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 215879
Community Features Street Lights Sidewalks
County Los Angeles
Net Operating Income 135995
Operating Expense 73407
Insurance Expense 7829
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 6000
Facing Direction Northwest
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions On Pico Blvd between 10th St & 11th St
City Santa Monica
Entry Location Ground
Senior Community Y/N false
Open Parking Spaces 9
Number Of Units Total 8
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 5982
Carport Spaces 0
Number of Units Leased 8
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 705
Current Financing None
Fuel Expense 1909
Trash Expense 1560
Water Sewer Expense 2483
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 19
Total Actual Rent 212652
Property Sub Type Additional Apartment
Taxes 35506
Cap Rate 4.86
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Interior
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 9
Lot Size Area 5982
Foundation Details Raised
Number of Buildings 1
Spa false
Building Area Total 4874
Lot Size Acres 0.1373
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 9
Number of Separate Electric Meters 9
Road Frontage Type City Street
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* Excluded Features
List By
Adw Management Usa, Inc.

Broker

mariko.a@re-adworks.com

Email

Affordability Calculator

$17,240
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,240
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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2026$2,800,000 Listed Price

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1024 Pico Boulevard, Santa Monica, CA, 90405 is a Multi-Family Home for sale at $2,800,000 with 4,874 sqft and a lot size of 0.1373. 1024 Pico Boulevard is a studio with 1.0 baths and was built in 1955. The property's zip code is 90405 which is in Santa Monica, CA