833 15th St - Apartments FOR SALE


Santa Monica, CA 90403- Wilshire Montana
$3,178,880 USD
562-254-8677
833 15th St, Santa Monica, CA for Sale
$3,178,880 USD
Apartments - FOR SALE
1/37
null | 4.58% Cap Rate

833 15th St
Santa Monica, CA 90403
Wilshire Montana


HIGHLIGHTS

  • Close Proximity to Montana and Wilshire area
  • Property offers great Income and Proforma for add value

OVERVIEW

Prime Santa Monica 6-Unit Gem – Incredible Owner-User Opportunity! 6,574 SF Building | 0.17 AC Lot Unlock the best of Westside living and income potential with this rare 6-unit property in the heart of Santa Monica! Perfectly positioned just ½ block from iconic Montana Avenue, this exceptional investment offers two vacant units, making it an unbeatable opportunity for an owner-user or savvy investor looking to capitalize on Santa Monica’s red-hot rental market. Front Unit- #1 (Vacant): A showstopper 2-bed, 2.5-bath residence featuring two spacious balconies, an updated kitchen with granite countertops and modern cabinetry, and an open, sun-splashed floor plan — ideal for luxury coastal living. Rear Unit-#5 (Vacant): Charming 1-bed, 1-bath unit with a large kitchen and inviting living room, perfect for a tenant or additional owner space. Live in one and rent the rest! With six total units, this 6,574 SF building offers endless potential to generate rental income while enjoying your own slice of Santa Monica paradise. The property sits on a 0.17-acre lot, zoned R2, offering long-term value and flexibility. Unbeatable Location: Just steps from La La Land Café, Whole Foods Market, and the vibrant shops & restaurants of Montana Ave Close to top-rated Santa Monica schools Less than 1.5 miles from the beach — bike, jog, or cruise down to the ocean in minutes! This is more than just an investment — it’s a lifestyle. Whether you’re a homeowner looking to live in a dream location with passive income, or an investor aiming to expand your portfolio in one of LA’s most desirable zip codes, 833 15th St delivers on all fronts. Opportunities like this are rare — schedule a showing today and make Santa Monica living your reality!

FOR SALE DETAILS

PRICE

$3,178,880 USD

PRICE/SF

$484 USD /SF

# OF UNITS

6

PRICE/UNIT

$529,813

CAP RATE

4.58%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,492 SF

ZONING

R2, Santa Monica

APN/PARCEL ID

4281-008-018

ASK ABOUT THIS PROPERTY

Carlos AscencioREAL Brokerage | AG Commercial GroupMore Info
562-254-8677

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Carlos AscencioREAL Brokerage | AG Commercial GroupMore Info
562-254-8677

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