1427 Euclid Street #6, Santa Monica, CA 90404

Local realty services provided by:ERA North Orange County Real Estate
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1427 Euclid Street #6,Santa Monica, CA 90404
$2,195,000
  • - Beds
  • 8 Baths
  • 3,462 sq. ft.
  • Multi-family
  • Active
Listed by:adam kanizo
Office:paloma realty partners, inc.
MLS#:25563147
Source:CRMLS

Price summary

  • Price:$2,195,000
  • Price per sq. ft.:$634.03

About this home

1427 Euclid St presents a rare opportunity to acquire a value-add 6-unit multifamily property in Santa Monica. With potential for 2 additional ADUs, the asset is ideal for investors looking to renovate, reposition, and capitalize on upside in a high-demand rental market. Upon ADU completion an investor will have obtained an in place 8.05% cap rate without any additional improvements or rent increases being accounted for. One garage is currently being rented for $400 per month as storage. Situated on a nearly 7,483 SF R3-zoned lot, the property offers spacious units, strong existing cash flow, and significant potential upside through rental increases and future development. Just off Santa Monica Blvd, residents enjoy proximity to major employers, retail, transit, and the beach with easy access to freeways and Metro lines.

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Home facts

  • Year built:1949
  • Listing Id #:25563147
  • Added:39 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Rooms and interior

  • Total bathrooms:8
  • Living area:3,462 sq. ft.

Structure and exterior

  • Year built:1949
  • Building area:3,462 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$2,195,000
  • Price per sq. ft.:$634.03
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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