1231-1233 17th St - Apartments FOR SALE


Santa Monica, CA 90404- Mid-City Santa Monica
$2,350,000 USD
310-469-9012
1231-1233 17th St, Santa Monica, CA for Sale
$2,350,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

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


HIGHLIGHTS

  • Front duplex and rear three-unit building create a compound-style layout.
  • Four private garages serve the residential units.
  • Landscaped central courtyard enhances privacy and separation between units.
  • Located near Montana Avenue, Wilshire Boulevard, and Santa Monica beaches.
  • Close to UCLA Health, Providence Saint John's Health Center, and neighborhood retail.

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. Addition of ADUs possible with conversion of garages (buyer to verify). 95+ WALK SCORE Just off Wilshire, steps from the beach, Montana Avenue boutiques, premium coffee shops, Whole Foods, and a host of top-tier dining. PRIVATE BUNGALOW FEEL 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 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

$2,350,000 USD

PRICE/SF

$606 USD /SF

# OF UNITS

5

PRICE/UNIT

$470,000

CAP RATE

Request Cap Rate

% LEASED

60%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Fully Lease - 5 Unit Complex

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.