231 California Avenue, Santa Monica, CA 90403

Local realty services provided by:ERA Excel Realty
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

Contact an agent

contact an agent

Yes, I would like more information from ERA®. 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 agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1953
  • Listing ID #:25551221
  • Added:111 day(s) ago
  • Updated:September 26, 2025 at 07:31 AM

Rooms and interior

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

Heating and cooling

  • Heating:Central

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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). ERA Excel Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA Excel Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 231 California Avenue