1222 23rd, Santa Monica, CA 90404
Local realty services provided by:ERA North Orange County Real Estate
1222 23rd,Santa Monica, CA 90404
$1,599,900
- 4 Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: fred sedighravesh
Office: keller williams realty irvine
MLS#:OC26087015
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,599,900
About this home
FIRST TIME ON MARKET IN 40 YEARS! Introducing a truly rare offering in Santa Monica: a single-story, 4-unit bungalow-style property available for the first time in four decades. This charming property represents a unique opportunity for investors or owner-users seeking stable income and long-term appreciation in one of the Westsides most sought-after coastal markets. Each unit offers enhanced privacy and strong tenant appeal compared to traditional multifamily buildings. The single-story design further contributes to ease of management and broad rental demand. Ideally situated within walking distance to Trader Joe's and Whole Foods Market (both ~300 feet away), and Saint John's Health Center (0.2 miles), the property benefits from exceptional day-to-day convenience and proximity to a major employment hub. The surrounding neighborhood is characterized by tree-lined streets, strong walkability, and easy access to Santa Monicas retail corridors, beaches, and transit options. The property also features a detached 4-car garage, currently leased as storage, providing immediate supplemental income. Recent capital improvements include a brand-new roof installed in 2024, minimizing near-term maintenance expenses and enhancing asset stability. With Santa Monicas historically low vacancy rates, high barriers to entry, and enduring tenant demand, this generational asset offers a compelling blend of current income, location-driven appreciation, and long-term investment stability....
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Home facts
- Listing ID #:OC26087015
- Added:1 day(s) ago
- Updated:April 23, 2026 at 09:35 PM
Rooms and interior
- Bedrooms:4
Heating and cooling
- Cooling:Wall/Window
Finances and disclosures
- Price:$1,599,900
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