CnC Realty
1 / 7

$4,700,000

1902 Arizona

Santa Monica, CA 90404

Active

1958

Year Built

Los Angeles

County

Apartment

Property Type

About this home

Prime Santa Monica income property—well-maintained 8-unit building that was completely remodeled in 1994 is in an exceptional coastal location. This two-story complex features four units per floor, each with separate gas and electric meters, providing efficient management and strong rental potential. Every unit includes one covered parking space plus an additional uncovered space, a valuable amenity in this high-demand area. Located near major hospitals, the fire station, and popular local eateries, the property offers excellent convenience for tenants. Just minutes from the beach and the Santa Monica Pier, this building delivers long-term appeal and consistent occupancy. The structure has been well cared for and remains in excellent condition, making it a turnkey investment opportunity. Ideal for investors seeking stable income in one of Southern California’s most desirable rental markets.

Listed by Marshall Sharifan · DRE #01851614 · All About Real Estate
MLS #1161675205
ListedMay 12, 2026

Property Details

Architecture

Stories2
StyleN/A
Total Units8
RoofTar Gravel
Garage Spaces0
PoolN/A
SpaNone

Features & Amenities

Interior FeaturesStorage, Unfurnished
Exterior FeaturesN/A
FlooringCarpet, Laminate, Tile
CoolingNone
HeatingWall Furnace
FireplaceNone
LaundryLaundry Room
Parking FeaturesAssigned
Parking Total16
Patio & PorchN/A
Entry Level1
Entry Location1
Common WallsTwo Common Walls Or More

Property Features

Lot Size0.17 ac
Lot FeaturesCorner Lot, Sprinkler System
ViewNeighborhood
DirectionsSanta Monica Blvd and 20th street

Community

AreaC14 - Santa Monica
School DistrictN/A

Tax & Financial

TermsCash, Conventional
Land LeaseNo
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$25,015/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 3:00 PM

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