1427 Euclid Street, Santa Monica, CA 90404

Local realty services provided by:ERA North Orange County Real Estate
1427 Euclid Street,Santa Monica, CA 90404
$2,325,000
  • - Beds
  • 8 Baths
  • 3,462 sq. ft.
  • Multi-family
  • Active
Listed by: adam kanizo, oliver fries
Office: paloma realty partners, inc.
MLS#:26637121
Source:CRMLS

Price summary

  • Price:$2,325,000
  • Price per sq. ft.:$671.58

About this home

1427 Euclid Street presents a rare opportunity to acquire a high-performing 6-unit multifamily property in Santa Monica with meaningful ADU and income upside. The property features four detached bungalow units and two units above four garages, creating an exceptional layout for garage-to-ADU conversion. Upon completion of the ADUs, the property is projected to achieve an in-place 7.67% cap rate without factoring in any rent increases or unit upgrades. One of the garages is already generating $400 per month as a rented storage unit. The sellers have recently completed foundation upgrades, providing investors with confidence in the building's structural integrity and long-term durability.Located on a 7,483 SF R3-zoned lot, the property offers spacious units, strong existing cash flow, and multiple value-add pathways, including both ADU development and future rent growth. Situated just off Santa Monica Boulevard, residents enjoy excellent walkability and connectivity to major employers,

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1949
  • Listing ID #:26637121
  • Added:30 day(s) ago
  • Updated:February 10, 2026 at 02:31 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:$2,325,000
  • Price per sq. ft.:$671.58
Based on information from California Regional Multiple Listing Service, Inc. as of February 13, 2026 . 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.

New listings near 1427 Euclid Street