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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$2,175,100

Est. payment - /mo

7,487 Sqft Lot

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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS24052918

HOA Y/N No

Year Built 1960

Lot Size 7,487 Sqft

Property Sub-Type Apartment

Property Description

Probate Sale – Court Confirmation Required

Well-located 9-unit apartment building in the highly desirable Santa Monica market. Situated on a clean street surrounded by similar multifamily properties, this asset offers strong rental demand and long-term investment potential.

Unit mix includes one (1) 3-bed/2-bath, one (1) 2-bed/1.5-bath, and seven (7) 1-bed/1-bath units. The property features three (3) front garage spaces and four (4) rear parking spaces.

Approximately 13 blocks from the Santa Monica Pier and ocean, with close proximity to transportation, shopping, and dining.

Value-add opportunity with four (4) units to be delivered vacant.

Ideal for investors and 1031 exchange buyers seeking upside in a prime coastal location.

Sale Details:
Court confirmation required. Hearing date secured.
Inspection: This inspection has been cancelled as of 3/31/26
Offers due: 4/6/26 at 11:59 PM
Offers subject to interior inspection.
New court appraisal completed (see private remarks).
Offering Memorandum available in Supplements.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMM1*

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type Gas, None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Biking, Curbs, Park, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Sewer Available, Sewer Connected, Water Available, Water Connected

Total Parking Spaces 3

Private Pool No

Building

Lot Description Landscaped, Street Level, Walkstreet

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4282033014

Energy Description 1872.0

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Third Party Approval, Probate Listing

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Listed by Michael Johnson Realty Executives All Cities 310 968-6583, DRE #00886898

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

1547 Euclid ST Santa Monica, CA 90404

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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