2601 28th St - Multi-Family FOR SALE


Santa Monica, CA 90405- Sunset Park
$1,995,000 USD
818-212-2784
2601 28th St, Santa Monica, CA for Sale
$1,995,000 USD
Multi-Family - FOR SALE
1/10
null | 4.34% Cap Rate

2601 28th St
Santa Monica, CA 90405
Sunset Park


HIGHLIGHTS

  • Prime Santa Monica Location – Situated on a quiet, tree-lined street in one of the Westside’s most desirable rental markets
  • Walkable Lifestyle – Just steps from popular restaurants, boutique shops, and vibrant nightlife options.
  • Proximity to Iconic Destinations – Only 3 miles from the world-famous Santa Monica Pier and beaches.
  • Significant Capital Improvements – Fully re-wired and re-plumbed, earthquake retrofitting completed, and sewer line replaced
  • Turnkey Amenities – All units include in-unit washer/dryers and private garage parking, increasing tenant desirability and supporting strong rents.
  • Excellent Connectivity – Convenient access to the 10 and 405 Freeways, allowing for easy commutes across Los Angeles.

OVERVIEW

The Sterman Multi-Family Group of Marcus & Millichap, in collaboration with Michael Kamara of Lyon Stahl, is proud to present 2601 28th Street, a well-maintained 3-unit apartment property located in the heart of Santa Monica. Built in 1955, the property consists of one two-bedroom, one-bathroom apartment, one two-bedroom, one-bathroom detached house, and one three-bedroom, two-bathroom detached house. The building totals 2,256 square feet and sits on a 6,000 square foot lot. Each unit features its own washer and dryer and a dedicated garage parking spot, offering modern conveniences that boost tenant appeal and rental value. The property has undergone significant capital improvements, including full electrical re-wiring, copper re-plumbing, earthquake retrofitting, and a complete sewer line replacement—offering peace of mind and reduced maintenance risk for new ownership. Located on a quiet, tree-lined residential street, 2601 28th Street provides walkable access to top restaurants, boutique shops, and nightlife. Just 3 miles from the Santa Monica Pier and minutes from the 10 and 405 freeways, the property offers excellent connectivity throughout the Westside and Greater Los Angeles.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$884 USD /SF

# OF UNITS

3

PRICE/UNIT

$665,000

CAP RATE

4.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

4270-015-054

ASK ABOUT THIS PROPERTY

Michael StermanMarcus & MillichapMore Info
818-212-2784

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Michael StermanMarcus & MillichapMore Info
818-212-2784

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