938 15th Street, Santa Monica, CA, 90403

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$1,900,000
7 Days On Site

938 15th Street
Santa Monica, CA 90403

For Sale|Residential Income|Active
7
Beds
5
Total Baths
4,062
SqFt
$468
/SqFt
1923
Built
County:
Los Angeles
Listed by David Miller of Miller & Desatnik Realty Co. [email protected]
938 15th Street938 15th Street938 15th Street938 15th Street
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Monthly Payment (Est.)

$8,669
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********OFFER DEADLINE WED 6/4 3PM******** Prime Santa Monica 5-Unit Investment Opportunity*** 2 Vacant Units * Trophy Location North of Wilshire Presenting a rare opportunity to acquire a 5-unit multifamily property in one of Santa Monica's most sought-after neighborhoods north of Wilshire Boulevard and directly across from Lincoln Middle School. This well-maintained asset sits on a spacious 7,498 sq ft lot and features a charming front 2-bedroom, 1-bathroom house (built in 1923) plus a rear fourplex (built in the mid-1950s), offering a total of 4,062 rentable square feet. Property Highlights: 5 total units: 1 standalone front house + 4-unit rear building 2 units delivered vacant: the 2BR/1BA house and one 1BR/1BA unit perfect for an owner-user or value-add investor Separately metered for gas and electricity enhancing operational efficiency and long-term flexibility 4-car garage with completed seismic retrofit compliant with current safety standards Additional carport space for a total of 5 off-street parking spots Strong unit mix and significant upside potential in rentsPrime walkable location near Montana Avenue shops & cafes Just minutes to the beach, Downtown Santa Monica, and top-tier schoolsThis is an ideal opportunity for investors, developers, or owner-users looking to secure a premier property in Santa Monica's highly competitive rental market. With two vacant units ready for occupancy or renovation, and a premium location in a supply-constrained area, this asset offers the perfect balance of stability and upside.

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Listing Snapshot
Price 
$1,900,000
Days On Site 
7 Days
Bedrooms 
7
Inside Area (SqFt) 
4,062 sqft
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1923
MLS® Number 
25544385
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
22 hours agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.1722
Garage 
Yes
Number Of Stories 
2
Parking 
CoveredGarage
Parking Spaces 
5
Special Circumstances 
Standard
SqFt Total 
4062
Stories 
Two
Zoning 
SMR2*
Interior Features
Appliances 
RefrigeratorDryerWasher
Heating 
Wall Furnace
Interior 
Ceiling Fan(s)
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Community Features
MLS Area 
C14 - Santa Monica


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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