440 Raymond Avenue, Santa Monica, CA 90405

Santa Monica
Local realty services provided by:ERA North Orange County Real Estate
440 Raymond Avenue,Santa Monica, CA 90405
$7,750,000
  • 28 Beds
  • 28 Baths
  • 15,820 sq. ft.
  • Multi-family
  • Active
Listed by: don favia, benjamin j. hsiang
Office: realty investment advisors, inc.
MLS#:26848557
Source:CRMLS

Price summary

  • Price:$7,750,000
  • Price per sq. ft.:$489.89

About this home

We are proud to present 440 Raymond Ave, a 20-unit multifamily investment opportunity located in the highly sought-after Ocean Park neighborhood of Santa Monica. Held by the same family since 1997, this offering represents a rare opportunity to acquire a Westside asset being offered for sale for the first time in nearly 30 years. Featuring a desirable courtyard-style layout, the property has benefited from significant capital improvements throughout ownership, including a complete copper plumbing repipe, newer above grade sewer pipes, completed seismic retrofit work, security enhancements, and numerous common area improvements. Additionally, 15 of the property's 20 units have been renovated with updated kitchens and bathrooms, quartz countertops, upgraded cabinetry, wood flooring, ceramic tile finishes, crown molding, LED lighting, and updated appliances. Ownership has completed extensive renovations while leaving additional upside through continued unit turnover.Positioned...

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Home facts

  • Year built:1969
  • Listing ID #:26848557
  • Added:2 day(s) ago
  • Updated:June 19, 2026 at 10:54 AM

Rooms and interior

  • Bedrooms:28
  • Total bathrooms:28
  • Flooring:Carpet
  • Kitchen Description:Oven, Refrigerator
  • Living area:15,820 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1969
  • Building area:15,820 sq. ft.
  • Lot area:0.32 Acres
  • Exterior Features:Deck
  • Levels:2 Story

Finances and disclosures

  • Price:$7,750,000
  • Price per sq. ft.:$489.89

Features and amenities

  • Amenities:Crown Molding

Parking

  • Total parking spaces:29
  • Parking description:Community Structure, Controlled Entrance, Covered, Garage, Garage Door Opener
  • Garage:Yes
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