1231-1233 17th St - Apartments FOR SALE


Santa Monica, CA 90404- Mid-City Santa Monica
$2,550,000 USD
310-469-9012
1231-1233 17th St, Santa Monica, CA for Sale
$2,550,000 USD
Apartments - FOR SALE
1/28
null | 5.03% Cap Rate

1231-1233 17th St
Santa Monica, CA 90404
Mid-City Santa Monica


HIGHLIGHTS

  • Prime Santa Monica Location
  • Well Maintained Property
  • 100% Fully Leased
  • Possible ADU conversions (buyer to verify)

OVERVIEW

Rarely available 5 unit beach style compound with front duplex units, a rear structure with 3 apartments, central garden, and 4 private garages. HIGHLY DESIRABLE SANTA MONICA POCKET steps from the beach, Montana Avenue, premium retail, and a mix of top-tier dining. Within a major medical corridor including UCLA Health and St Johns Health Center. VALUE ADD OPPORTUNITY Nestled within a storybook style street scene lined with palm trees and well manicured courtyards. The addition of ADUs possible with conversion of garages (buyer to verify). The property is beautifully landscaped and designed for privacy, centered around a middle garden. Bungalow-style units with modern finishes and private access. Prime walkable location delivering Santa Monica’s best in retail, transit, and coastal access. Ideal for discerning buyers seeking a low-maintenance asset with authentic character and lifestyle perks. Central laundry room + in unit washer/dryers (in front duplex.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$658 USD /SF

# OF UNITS

5

PRICE/UNIT

$510,000

CAP RATE

5.03%

% LEASED

60%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Unit Multi-Family

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,523 SF

ZONING

SMR2*

APN/PARCEL ID

4276-011-015

ASK ABOUT THIS PROPERTY

Jake ZacutoZacuto GroupMore Info
310-469-9012

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Jake ZacutoZacuto GroupMore Info
310-469-9012

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.