1937 17th Street, Santa Monica, CA 90404

Santa Monica
Local realty services provided by:ERA Donahoe Realty
1937 17th Street,Santa Monica, CA 90404
$2,250,000
  • 13 Beds
  • 7 Baths
  • 4,840 sq. ft.
  • Multi-family
  • Active
Listed by: william james, peter james
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26862705
Source:CRMLS

Price summary

  • Price:$2,250,000
  • Price per sq. ft.:$464.88

About this home

The subject property is a six-unit residential income asset located at 1937 17th Street in central Santa Monica. Built in 1948 and zoned SMR2, the asset consists of (1) 3-Bedroom / 1.5-Bath unit and (5) 2-Bedroom / 1-Bath units, including a detached 2 Bedroom / 1-Bath home located towards the rear of the property, totaling 4,840 rentable square feet on a 7,746 SF lot. The property will be delivered with three vacant units at the close of escrow. Currently two units are vacant with a third unit becoming vacant at the end of August. Recent upgrades include a new roof and updated electrical systems. Tenant parking is on-site with 8 uncovered individual spaces and a 2 car garage located at the front of the property. The property delivers strong in-place cash flow at a 5.00% cap rate, with meaningful embedded upside as rents are brought to market. Potential ADU can be built as a garage conversion, buyer to verify. Positioned in Prime Santa Monica, the property sits within one block...

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Home facts

  • Year built:1948
  • Listing ID #:26862705
  • Added:18 day(s) ago
  • Updated:August 11, 2026 at 11:09 AM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:7
  • Kitchen Description:Dishwasher, Disposal, Gas Oven, Range, Range Hood, Refrigerator
  • Living area:4,840 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1948
  • Building area:4,840 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Rectangular Lot
  • Architectural Style:Mid Century Modern

Finances and disclosures

  • Price:$2,250,000
  • Price per sq. ft.:$464.88

Features and amenities

  • Appliances:Dishwasher, Disposal
  • Amenities:Carbon Monoxide (CO2) Detector

Parking

  • Total parking spaces:10
  • Parking description:Assigned, Door-Multi, Driveway, Garage, Uncovered
  • Garage:Yes
  • Garage spaces:2
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