938 15th Street

Santa Monica, CA 90403

  • 7 Bed(s)
  • 0 Bath(s)
  • 4,062 Sqft
  • 7500
    Sqft(Lot)
$1,900,000

Description

********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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49977234

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Property Details

  • Bedroom Information

    • Total Bedrooms : 7

    Bathroom Information

    • Total Baths: 5
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Interior Features: Ceiling Fan(s)
    • Property Appliances: Refrigerator,Dryer,Washer

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1923
    • Building Area Total: 4,062

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1722
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 7500

  • Listing Price Information

    • Original List Price: 1,900,000
    • Listing Contract Date: 2025-05-28

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 4281010008

  • Garage and Parking

    • Garage Description: Covered,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C14 - Santa Monica
    • Directions: North of Wilshire on 15th and Washington next to Lincoln Middle School.
    • Zoning: SMR2*
    • Source Property Type: Residential Income
    • Area: C14 - Santa Monica

    Building and Construction

    • Property Age: 102
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 4062
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 06/13/2025 @ 00:49

  • MLS: 25544385
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 7 bedrooms which is for sale, it has 4,062 sqft, 7,500 sized lot, and 0 parking. are nearby neighborhoods.