Description
Prime Santa Monica income property—well-maintained 8-unit building that was completely remodeled in 1994 is in an exceptional coastal location. This two-story complex features four units per floor, each with separate gas and electric meters, providing efficient management and strong rental potential. Every unit includes one covered parking space plus an additional uncovered space, a valuable amenity in this high-demand area. Located near major hospitals, the fire station, and popular local eateries, the property offers excellent convenience for tenants. Just minutes from the beach and the Santa Monica Pier, this building delivers long-term appeal and consistent occupancy. The structure has been well cared for and remains in excellent condition, making it a turnkey investment opportunity. Ideal for investors seeking stable income in one of Southern California’s most desirable rental markets.
Address
Open on Google Maps- Address 1902 Arizona
- City Santa Monica
- State/county CA
- Zip/Postal Code 90404
- Country US
Details
Updated on May 15, 2026 at 12:00 am- Property ID: SW26102855
- Price: $4,700,000
- Property Size: 8508 Sqft
- Land Area: 0.1722 Acres
- Year Built: 1958
- Property Type: Residential Income, Apartment
- Property Status: Active
Additional details
- Listing Terms: Cash, Conventional
- Roof: Tar/Gravel
- Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
- Sewer: Public Sewer
- Cooling: None
- Heating: Wall Furnace
- Flooring: Carpet, Laminate, Tile
- County: Los Angeles
- Property Type: Residential Income
- Pool: None
- Parking: Assigned
- Community Features: Storm Drain(s), Street Lights, Sidewalks
