Listed By:
David Smith with Re/Max College Park Realty; 562-824-8444
1731 Pico Boulevard, Santa Monica, CA
$ 6,850,000
Property Attributes
  • MLS#RS22250403
  • TypeIncome
  • CitySanta Monica
  • AreaSanta Monica
  • Zip90405
  • StyleMixed Use
  • Price$ 6,850,000
  • Bedrooms3
  • Full Bathrooms31
  • Half Bathrooms0
  • Sqr Footage12122
  • Lot Size0.367516 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Location, Location, Location. This 30 unit building in the heart of Santa Monica right by Santa Monica College and near the Santa Monica airport is a great investment opportunity. 28 Studios, 1 one bedroom and 1 two-bedroom unit with garages and additional parking.

Price History
12/3/2022 Listed $7,599,000
7/8/2023 10% - $6,850,000

General Features

Building Area Units Square Feet
Carport Spaces 8
Carport Y/N Yes
City Santa Monica
Co-Listing Agent State License # 01989514
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
County Los Angeles
Directions Corner of Pico and 18th
Electric Expense 9600
Garage Spaces 6
Garage Y/N Yes
Gross Income 42745
Insurance Expense 12074
Levels Two
Listing Agent David Smith - BRE#01353125
Listing Agent State License 01353125
Listing Terms Cash, Conventional, Submit
Lot Size Square Feet 16009
MLS Area C14 - Santa Monica
Net Operating Income 34404
Number of Units Leased 30
Open Parking Spaces 7
Operating Expense 8341
Pool Features None
Property Attached Y/N Yes
Property Sub Type Additional Mixed Use
Property SubType Mixed Use
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Standard Status Active
Status Active
Stories 2
Street Name Pico
Tax Lot 37
Total Actual Rent 41545
Total Units 30
Trash Expense 4420
Water Sewer Expense 29000
Year Built 1959
Year Built Source Assessor
Zoning SMC2*

Interior Features

Common Walls 2+ Common Walls
Laundry Features Common Area
Street Suffix Boulevard
Total Stories 2

Exterior Features

Building Area Total 12122
Lot Features Corner Lot
Lot Size Acres 0.3675
Lot Size Area 16009
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 30
Number of Separate Gas Meters 30
Number of Separate Water Meters 1
Total Parking 21
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90405

AVG $3.22M
AVG 10
Data Provided by Inside Real Estate®
Year Built
AVG 1948

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