522 - 532 Idaho Avenue, Santa Monica, CA 90403

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522 - 532 Idaho Avenue,Santa Monica, CA 90403
$2,700,000
Virtual Tour
  • 6 Beds
  • 6 Baths
  • 3,360 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Thu, Aug 21
    05:00 pm - 06:00 pm
Listed by:james keady
Office:cb richard ellis, inc.
MLS#:25575611
Source:CRMLS

Price summary

  • Price:$2,700,000
  • Price per sq. ft.:$803.57

About this home

PRIVATE PROPERTY. TOURS BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS. 522 - 532 Idaho Avenue is a boutique six-unit multifamily investment opportunity located in the heart of Santa Monica's coveted Wilshire-Montana neighborhood. Just one block south of Montana Avenue and six blocks from Palisades Park and Santa Monica Beach, this property offers a rare combination of location, charm, and long-term upside in one of Southern California's most desirable coastal submarkets. Built in 1922, and with major renovations completed in 2025, the property features six 1-bedroom, 1-bathroom bungalow-style units across three separate structures, totaling approximately 3,360 SF of rentable space on a 7,480 SF corner lot. Zoned SMR2, the site benefits from legal non-conforming density and will be delivered with two vacant units, allowing for immediate value-add execution. Current rents are below market, with an estimated 22% rental upside. Offered at $2,700,000, the asset reflects a 4.50% cap rate on

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Home facts

  • Year built:1922
  • Listing Id #:25575611
  • Added:5 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Living area:3,360 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1922
  • Building area:3,360 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$2,700,000
  • Price per sq. ft.:$803.57
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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