231 California Avenue, Santa Monica, CA 90403

Local realty services provided by:ERA Excel Realty
#1#2#3
231 California Avenue,Santa Monica, CA 90403
$2,295,000
  • 8 Beds
  • 5 Baths
  • 4,426 sq. ft.
  • Multi-family
  • Pending
Listed by:john swartz
Office:compass
MLS#:25551221
Source:CRMLS

Price summary

  • Price:$2,295,000
  • Price per sq. ft.:$518.53

About this home

231 California Avenue, a rare five-unit multifamily investment located in the prestigious North of Wilshire enclave of Santa Monica-just three blocks from the beach and moments from the vibrant retail and dining along Montana Avenue. Built in 1953, this two-story property spans approximately 4,426 square feet on a 5,016 square-foot lot zoned SMR3*, offering investors a compelling blend of prime location, strong in-place fundamentals, and substantial long-term upside. The building features an attractive unit mix of spacious one- and two-bedroom layouts, including two 1-bed/1 bath units, two 2-bed/1-bath units and one 2-bed/1.5- bath unit which boasts a private outdoor patio. The property includes four on-site parking spaces (two garaged and two tandem), with additional permitted street parking available for residents. Each unit is separately metered for gas and electricity, includes its own water heater, and is supported by a security system. Operating expenses are minimal, limited

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Home facts

  • Year built:1953
  • Listing Id #:25551221
  • Added:67 day(s) ago
  • Updated:August 18, 2025 at 07:33 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Living area:4,426 sq. ft.

Heating and cooling

  • Heating:Central Furnace

Structure and exterior

  • Year built:1953
  • Building area:4,426 sq. ft.
  • Lot area:0.12 Acres

Finances and disclosures

  • Price:$2,295,000
  • Price per sq. ft.:$518.53
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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