Santa Monica Homes with Apartment Subtype

Santa Monica Homes with Apartment Subtype

Welcome to Santa Monica, California, a vibrant coastal gem nestled in Los Angeles County. Known for its stunning beaches, iconic pier, and a lively atmosphere, Santa Monica offers a unique blend of urban sophistication and laid-back beach culture. With its picturesque ocean views and year-round pleasant climate, it's no wonder that this city is a sought-after destination for both residents and visitors alike.

Santa Monica is renowned for its diverse real estate market, and homes with an apartment subtype are a popular choice for those seeking both comfort and convenience. These residences often feature modern amenities, spacious layouts, and easy access to the city’s bustling lifestyle. Imagine waking up to the sound of waves crashing and enjoying your morning coffee on a sunlit balcony. Many of these apartments are strategically located within walking distance to Santa Monica's vibrant downtown area, where you can explore an array of boutique shops, trendy cafes, and gourmet restaurants.

The city’s commitment to sustainability and community well-being is evident in its beautiful parks and bike-friendly streets, making it an ideal place for families and young professionals alike. Whether you’re taking a leisurely stroll along the famous Third Street Promenade or enjoying a sunset at the beach, Santa Monica offers a lifestyle that embraces both relaxation and adventure.

If you're considering making Santa Monica your home, the apartment options here provide not just a dwelling but a lifestyle filled with sunshine, culture, and the soothing sounds of the Pacific Ocean. Come and discover the charm of Santa Monica living!

Newest Santa Monica Homes with Apartment Subtype

$2,980,000
AR26033449 MLS Active Status
We are proud to present a rare opportunity to acquire a well-located, 6 unit multifamily asset in the heart of Santa Monica, just a few blocks away from the beach. Built in 1963, the property spans approximately 7,763 square feet on a 7,485 square feet lot and boasts an exceptional unit mix of two 2-bedroom / 1.5-bath townhouse style units, three 3-bedroom / 2-bath units, and one 3-bedroom/1.5-baths townhouse -style unit. The units feature spacious floor plans and ample closet space. The well-maintained property is separately metered for gas & electric, serviced by a central water heater, and offers an on-site laundry facility, one 2-car garage with storage rooms, and five carport parking spaces with storage bins. In recent years, the property has had significant capital improvements including a newer roof, copper plumbing in most units, multiple updated electrical sub-panels, replacement of a complete full main sewer line, and a new water heater in the laundry room. Two units have been extensively upgraded to include individual tankless water heaters & in-unit laundry, upgraded flooring, new kitchens with new shaker cabinetry, quartz countertops, stainless-steel appliances including gas stove, refrigerator, microwave & dishwasher, new bathrooms, dual pane windows, and new lighting. These upgrades address deferral maintenance, improve building functions, enhance tenant experience, and will meaningfully increase the long-term value & performance of the property. The current rent is still below the market, a new owner is presented with the opportunity to increase rent to market price upon vacancy and further increase rental income with complete unit renovations of remaining unrenovated units. Additionally, the architectural work for the back carport ADU conversion is completed and ready to pull permits. This project will create two rentable studio units and will significantly increase both property value and cash flow. With stable income in place and meaningful upside through interior renovations and tenant turnover, the property presents a compelling blend of immediate cash flow & long term appreciation potential. This is a rare chance to own a turnkey asset in one of the most affluent & high-demand rental markets in Southern California.

1813 9th Street, Santa Monica

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.