Multi Family homes for sale & real estate in 90404, CA

Multi Family Home for sale in 90404, CA:

1243 & 1247 12th St consist of two adjacent ten-unit apartment buildings located between Wilshire Blvd and Arizona Ave in prime Santa Monica, approximately 12 blocks from the beach. Built in 1959, the properties total 18,832 square feet of improvements on a 15,007-square-foot double lot with two separate APNs, offering long-term ownership, financing, and disposition flexibility. Each building is approximately 9,416 square feet, and together the portfolio features an attractive and highly functional 20-unit mix comprised of (4) 1-bed/1-bath, (5) 2-bed/1.5-bath, (8) 2-bed/2-bath, (1) 3-bed/1.5-bath, and (2) 3-bed/2-bath units. This balanced mix appeals to a wide renter base and position

Multi Family Home for sale in 90404, CA:

The sky is the limit with this turnkey Spanish style duplex consisting of a 2/1 and a 1/1. Each unit is privately enclosed with the feel of your own home and has interior features including original hardwood floors throughout the rooms, recess lighting, kitchen with granite countertops, custom cabinetry, and a beckoning modern bathroom with porcelain wood looking tile, glass and a luxury vanity. Front unit exterior features a charming picket fence and sufficient space to make your very own sustainable garden boxes, sun bathe or keep your pet friends enclosed. Adjacent exterior 3 car driveway. The back unit is 800+SQFT and has a private, expansive backyard with mature fruit trees (fig, avoca

Multi Family Home for sale in 90404, CA:

We are pleased to present 2332 20th Street in Santa Monica. Operating at a 5.25% CAP rate and 12.8 GRM, this high-yield asset generates nearly $200,000 in gross annual income with over 30% in rental upside. The property features an ideal unit mix of (3) 2-bed/1-bath units, (2) 1-bed/1-bath units, and a fully remodeled 2-bed/1-bath detached front house (1,288 sq ft), offering excellent owner-user potential. Major capital improvements—including the renovated front house, upgraded unit interiors, main sewer line replacement, and completed seismic retrofit—provide low future maintenance and strong long-term stability. Additional amenities include on-site laundry and five carport spa

Multi Family Home for sale in 90404, CA:

Beautifully situated in a prime Santa Monica location, this seven-unit multifamily property lies just moments from the Santa Monica Business Park—home to major employers such as Snap, Hulu, Crexi, and Naughty Dog—and only a few blocks from Santa Monica College, which serves more than 26,000 students and faculty. The property is also positioned to benefit from the Santa Monica Airport Conversion Project, a city-led initiative that will permanently close the airport by 2028 and transform the surrounding area into expansive parks, open space, and new community amenities. This once-in-a-generation redevelopment is expected to significantly enhance neighborhood quality, elevate desir

Multi Family Home for sale in 90404, CA:

Opportunity Knocks! This exceptional six-unit apartment building in prime Santa Monica, located west of Lincoln Boulevard, offers a rare investment opportunity with 3 out of 6 units vacant. This property features an ideal unit mix, including two spacious, two-story townhome-style 3B+2Ba units in the front building, both currently vacant, and four 2B+1Ba units in the rear building, 1 of which is vacant. This combination provides an excellent opportunity for an owner-user or an investor seeking immediate income potential. With its desirable location, strong unit mix, and upside rental potential, this property is a standout choice for investors or buyers seeking a versatile and valuable asset

Multi Family Home for sale in 90404, CA:

The property consists of a 6,402 SF building situated on a 6,996 SF lot, built in 1960. The building consists of (1) 3-bed/2-bath, (2) 2-bed/1-bath and (5) 1-bed/1-bath units plus a legally permissible guest room without kitchen. Please refer the attached 9A report for the guest room. Unit 4, 5 and 7 are recently renovated. New roof, new main and subpanels and new windows. Given the ideal location and in-place income, this is an excellent opportunity for an owner/user or a yield-focused investor to acquire an asset in Prime West Los Angeles area.