New

$2,495,000

For Sale

16 hours ago

1419 Stanford St, Santa Monica, CA

Name: 1419 Stanford St, For Sale in Santa Monica - eXp Realty
Brand: BEKERIS
SKU: 26857251
Price: 2495000 USD

House

MLS® 26857251

11 Bed

7 Bath

4800 sqft

6 Parking

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 4800 sqft

Garage

Taxes

Days Active 0

Lot Size 0.1796 Acres

Approx. Age 1958

Avg. Price Per Sqft $519

MLS® Number 26857251

Property Address: 1419 Stanford St, Santa Monica, CA, 90403

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

Description

Exceptional investment opportunity in the heart of Santa Monica! This six unit income property features two separate buildings on one lot and offers an outstanding opportunity for investors or owner occupants seeking a value add asset in one of the Westside's most desirable rental markets. The unique configuration includes a detached single family residence in the front and a separate five unit apartment building in the rear, offering exceptional flexibility and long term investment potential. The front home, which is currently leased, offers approximately 1, 200 square feet with 2 bedrooms, 2 bathrooms, and a den. The rear building is a two story, five unit apartment building consisting of four 2 bedroom, 1 bathroom units and one 1 bedroom, 1 bathroom unit. Most units have been tastefully updated, and most windows throughout the property have been recently replaced, providing enhanced energy efficiency, comfort, and curb appeal. The front house also features a recently installed roof. The property includes six on site parking spaces, four of which are covered, along with a community laundry room. One 2 bedroom, 1 bathroom unit and one 1 bedroom, 1 bathroom unit are currently vacant, presenting an immediate opportunity to lease at current market rents and significantly increase cash flow. Current rental income reflects the existing occupancy, with pro forma gross rental income projected to exceed $16, 000 per month. Buyer to independently verify all income, expenses, rental projections, square footage, and all other information. Ideally situated just minutes from Santa Monica's world famous beaches, Main Street, Downtown Santa Monica, Montana Avenue, premier shopping, dining, parks, and convenient transportation, this is a rare opportunity to acquire a well maintained income property with immediate upside potential in one of Southern California's strongest and most sought after rental markets.

MLS® Number26857251

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1958

Basement

DrivewayCarport, Driveway

Garage Spaces

HeatCombination

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 8, 2026List Date

$2,495,000List Price

Commute

Commute

Starting Address

Destination Address

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