New

Virtual Tour

$2,195,000

For Sale

3 days ago

1147 24Th St, Santa Monica, CA

House

MLS® 26996179

2 Bed

4 Bath

1469 sqft

4 Parking

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 1469 sqft

Garage Yes

Taxes

Days Active 3

Lot Size 0.1426 Acres

Approx. Age

Avg. Price Per Sqft $1,494

MLS® Number 26996179

Property Address: 1147 24th St, Santa Monica, CA, 90403-5833

Average square foot calculated using Size range provided by listing agent.

Description

Set in one of Santa Monica's most coveted residential neighborhoods, just moments from the beach and the iconic Santa Monica Pier, this four-unit property presents an exceptional opportunity for investors and owner-users alike. The property features two studio residences with full bathrooms on the lower level and two 1-bedroom/1-bath residences on the upper level, creating a versatile unit mix with strong existing income and additional upside potential. Three residences are currently tenant occupied, while one of the upstairs 1-bedroom/1-bath units is intentionally being held vacant, creating an ideal opportunity for an owner-user to move in or for an investor to place a new tenant at market rent.The property features various updates, a beautiful shared outdoor area and four individual private garages, offering additional income potential of up to $295 per month each. Each of the four units has its own individual address and separate APN, creating the potential for future flexibility, including the possibility of individual unit sales, subject to applicable requirements and buyer investigation and due diligence. No HOA has currently been established, offering another unique aspect of the property and potential flexibility for a future owner, subject to applicable requirements and restrictions.Whether you're looking to diversify your investment portfolio or become an owner-investor by living in one residence while generating rental income from the others to help offset your mortgage, this property offers tremendous versatility. Financing opportunities may include zero-down programs for qualified buyers, as well as FHA 203(k) renovation financing, subject to borrower, lender and property eligibility.An incredible opportunity to build equity, generate income and own a uniquely structured multi-unit property in one of Southern California's most desirable coastal communities close to Santa Monica's renowned beaches, dining, shopping, entertainment and quintessential Westside lifestyle.

MLS® Number26996179

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

Basement

DrivewayAssigned, Garage

Garage Spaces

HeatElectric

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 5, 2026List Date

$2,195,000List Price

-End Date

Not Sold YetSold Price

For Rent

Aug 21, 2026List Date

$2,995List Price

Commute

Commute

Starting Address

Destination Address

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