Builders / Developers - AMAZING opportunity to own a piece of the Santa Monica boardwalk right on the sand with head-on ocean views and breezes high-lit by the world famous Santa Monica Pier. This perfectly located property is the ultimate location to build a new luxury SFR (possibly 5Ksf). Just blocks from the new Village at Santa Monica project under way, locations don't get any better than this ! 37' of ocean front property is a rare find and can now be yours. PLEASE DO NO DISTURB TENANTS. Buyer to verify legal # of units.
Multi-familyProperty Type
1906Year Built
3,668 sq ftLot Size
$1,333Price/Sq.Ft.
1 spaceParking
Listed by Laura Kalb•DRE #00872948• Hilton & Hyland
•818-371-9350 (agent)
•Laurakonline@yahoo.com (agent)
Bought with Rosario Perry•DRE #00530389• Ocean Avenue Investments
Unfortunately, we don't have enough data to generate an accurate Estimate at this time.
Market trends in 90401, CA
Last updated September 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-list price
92.3%
+3.6% MoM
Median sale price
$1.0M
$165K MoM
Avg. days on market
158d
46 days MoM
Recently sold homes
2
1 MoM
Provided by Redfin
Sale history for 1405 Palisades Beach Rd
Date
Event
Price
TheMLS #13-673127
Apr 15, 2014
Sold
$3,348,000
$1,333/sq ft
Nov 12, 2013
Pending
—
May 16, 2013
Listed
$4,350,000
$1,732/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$67,248 (+6.6%)
$4,186,270 + $1,403,531
$5,589,801
2024
$63,081 (+1.6%)
$4,104,187 + $1,376,011
$5,480,198
2023
$62,079 (+1.2%)
$4,023,713 + $1,349,031
$5,372,744
2022
$61,344 (+2.4%)
$3,944,817 + $1,322,580
$5,267,397
2021
$59,885 (+0.7%)
$3,867,468 + $1,296,648
$5,164,116
2020
$59,482 (+1.0%)
$3,791,636 + $1,271,224
$5,062,860
2019
$58,905 (+41.7%)
$3,752,758 + $1,258,190
$5,010,948
2018
$41,567 (+0.4%)
$3,679,175 + $1,233,520
$4,912,695
2017
$41,405 (+3.3%)
$3,168,736 + $367,573
$3,536,309
2016
$40,094 (+1.3%)
$3,168,736 + $367,573
$3,536,309
2015
$39,580 (+1,282.5%)
$3,106,604 + $360,366
$3,466,970
2014
$2,863 (+3.0%)
$108,719 + $51,998
$160,717
2012
$2,780 (+2.0%)
$108,228 + $51,763
$159,991
2011
$2,726 (+12.7%)
$106,106 + $50,749
$156,855
2010
$2,418 (+2.4%)
$104,026 + $49,754
$153,780
2009
$2,361 (+1.7%)
$103,249 + $49,383
$152,632
2008
$2,321
$103,495 + $49,501
$152,996
Tax history for 1405 Palisades Beach Rd
Year
Property tax
Land + Additions
Assessment*
2025
$67,248 (+6.6%)
$4,186,270 + $1,403,531
$5,589,801
2024
$63,081 (+1.6%)
$4,104,187 + $1,376,011
$5,480,198
2023
$62,079 (+1.2%)
$4,023,713 + $1,349,031
$5,372,744
2022
$61,344 (+2.4%)
$3,944,817 + $1,322,580
$5,267,397
2021
$59,885 (+0.7%)
$3,867,468 + $1,296,648
$5,164,116
2020
$59,482 (+1.0%)
$3,791,636 + $1,271,224
$5,062,860
2019
$58,905 (+41.7%)
$3,752,758 + $1,258,190
$5,010,948
2018
$41,567 (+0.4%)
$3,679,175 + $1,233,520
$4,912,695
2017
$41,405 (+3.3%)
$3,168,736 + $367,573
$3,536,309
2016
$40,094 (+1.3%)
$3,168,736 + $367,573
$3,536,309
2015
$39,580 (+1,282.5%)
$3,106,604 + $360,366
$3,466,970
2014
$2,863 (+3.0%)
$108,719 + $51,998
$160,717
2012
$2,780 (+2.0%)
$108,228 + $51,763
$159,991
2011
$2,726 (+12.7%)
$106,106 + $50,749
$156,855
2010
$2,418 (+2.4%)
$104,026 + $49,754
$153,780
2009
$2,361 (+1.7%)
$103,249 + $49,383
$152,632
2008
$2,321
$103,495 + $49,501
$152,996
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
5
Baths
7
Stories
—
Lot width
—
Lot depth
—
Lot size
3,670 Sq. Ft.
Year renovated
2018
Sq. Ft.
5,257
Year built
2018
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
4291031007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 8, 2026.
R2
BCH
Low Density Residential District
This Zoning District is intended to provide areas for a variety of low-density housing types. These include single-unit housing, duplexes, triplexes, low-scale multi-unit housing, townhouses, and courtyard housing with at least one unit for each 2,000 square ft of parcel area, exclusive of State density bonus. Accessory dwelling units and junior accessory dwelling units are also permitted. In addition to low density residential development, this District provides for uses such as transitional housing or hospice facilities, family day care, and neighborhood serving uses such as childcare, neighborhood grocery stores, and community facilities that may be appropriate in a residential environment.
Zone overlays
Beach Overlay District
Permitted uses
Include but are not limited to:
Garden center
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Recreation
Transportation-Other
Park & open space
Mar 31, 2022 • Final
Residential building
Construct a new four-story single-family home with a roof deck and a three-car garage. Install new block walls at the north and south property lines.
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
Other
Interior
Equipment
Other
Heating & Cooling
No Cooling
Other Heat
Multi-Unit Income
Gross Income: 102000
Gross Operating Income: $102,000
Net Operating Income: $73,650
Multi-Unit Expenses
Total Annual Expense: $28,350
Multi-Unit Other Financial Information
Gross Rent Multiplier: 42.64
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1, 2, 3, 4, 5, 6, 7, 8
Type Of Units: studios
# of Buildings: 1
Unit 1 Information
# of Beds: 0
# of Baths: 1.00
Rent: $737
Actual Rent: $737
# of Units: 1
Unit 2 Information
# of Beds: 0
# of Baths: 1.00
Rent: $1,238
Actual Rent: $1,238
# of Units: 1
Unit 3 Information
# of Beds: 0
# of Baths: 1.00
Rent: $1,071
Actual Rent: $1,071
# of Units: 1
Unit 4 Information
# of Beds: 0
# of Baths: 1.00
Rent: $774
Actual Rent: $774
# of Units: 1
Unit 5 Information
# of Beds: 0
# of Baths: 1.00
Rent: $1,465
Actual Rent: $1,465
# of Units: 1
Unit 6 Information
# of Beds: 0
# of Baths: 1.00
Rent: $1,591
Actual Rent: $1,591
# of Units: 1
Unit 7 Information
# of Beds: 0
# of Baths: 1.00
Rent: $1,548
Actual Rent: $1,548
# of Units: 1
Unit 8 Information
# of Beds: 0
# of Baths: 1.00
Rent: $928
Actual Rent: $928
# of Units: 1
Exterior
Building Information
Total Floors: 2
Property Information
Property Type: Residential Income
Property Condition: Fixer, Tear Down
Lot Information
Lot Size (Sq. Ft.): 3,668
Zoning: SMR2B*
Lot Location: Beach Front
Waterfront: Ocean
Property Features
Has View
View: Ocean
Financial
Assessment Information
Assessed Land Value: $106,106
Assessed Improvement Value: $50,749
Assessor Parcel Number: 4291-031-007
Location
Community Information
# of Units in Complex (Total): 8
Location Information
Directions: Just north of Santa Monica Pier parking lot
Public facts
Beds: 5
Baths: 7.0
Sq. Ft.: 5,257
Stories: —
Lot Size: 3,670 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 2018
Year Renovated: 2018
County: Los Angeles County
APN: 4291031007
Home facts updated by county records on Oct 8, 2026
Other
Documents & Disclosures
Disclosures: As Is
Listing Information
Possession: Close Of Escrow
Around this home
Schools
Roosevelt Elementary School
Public K-5 • Assigned • 1.1mi
9/10
Lincoln Middle School
Public 6-8 • Assigned • 1.2mi
8/10
Santa Monica High School
Public 9-12 • Assigned • 0.7mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 80° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Santa Monica, CA • 90401
Average low and high temperatures (°F)
66
51
65
52
66
55
65
55
67
59
69
61
72
64
74
65
74
66
70
59
67
54
64
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 6.6 hours in December, placing it above the
U.S. average for solar exposure.
9.5 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
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