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$2,250,000

For Sale

A day ago

1937 17Th St, Santa Monica, CA

House

MLS® 26862705

13 Bed

7 Bath

4840 sqft

10 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 4840 sqft
Garage Yes
Taxes 
Days Active 1
Lot Size 0.1779 Acres
Approx. Age 1948
Avg. Price Per Sqft $464
MLS® Number 26862705

Property Address: 1937 17th St, Santa Monica, CA, 90404-4727

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

Description

The subject property is a six-unit residential income asset located at 1937 17th Street in central Santa Monica. Built in 1948 and zoned SMR2, the asset consists of (1) 3-Bedroom / 1.5-Bath unit and (5) 2-Bedroom / 1-Bath units, including a detached 2 Bedroom / 1-Bath home located towards the rear of the property, totaling 4, 840 rentable square feet on a 7, 746 SF lot. The property will be delivered with three vacant units at the close of escrow. Currently two units are vacant with a third unit becoming vacant at the end of August. Recent upgrades include a new roof and updated electrical systems. Tenant parking is on-site with 8 uncovered individual spaces and a 2 car garage located at the front of the property. The property delivers strong in-place cash flow at a 5.00% cap rate, with meaningful embedded upside as rents are brought to market. Potential ADU can be built as a garage conversion, buyer to verify. Positioned in Prime Santa Monica, the property sits within one block of Santa Monica College, and a short commute to Whole Foods, the Pico corridor retail, and the Bergamot Expo Line station, giving tenants a direct rail link to Downtown Santa Monica, Century City, and Downtown Los Angeles. The Santa Monica beach and pier are minutes to the west. Santa Monica remains a supply-constrained, high-demand rental market with deep renter demand from the Silicon Beach tech corridor and the long-term durability that defines Westside multifamily.
MLS® Number26862705
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1948
Basement
DrivewayAssigned, Door Multi, Driveway, Garage, Uncovered
Garage Spaces
HeatWall Furnace
A/CWall Window Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 23, 2026List Date
$2,250,000List Price
-End Date
Not Sold YetSold Price

For Sale

Sep 13, 2025List Date
$2,295,000List Price
  • Commute

Commute

Starting Address
Destination Address
1937 17Th St, Santa Monica, CA

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