153 W Channel Road, Santa Monica, CA 90402

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
153 W Channel Road,Santa Monica, CA 90402
$7,495,000
  • 11 Beds
  • 10 Baths
  • 2,700 sq. ft.
  • Multi-family
  • Active
Listed by:james allan
Office:compass
MLS#:25493967
Source:CRMLS

Price summary

  • Price:$7,495,000
  • Price per sq. ft.:$2,775.93

About this home

Rare development opportunity located in the Santa Monica Canyon located 1/5 Block from the Beach. Property is situated between W Channel Rd and backs onto Chautauqua Blvd.17,136 sq ft total lot size comprised of 4 separate parcels currently with two 4 unit buildings, 1 Single Family house and 1 vacant lot. All parcels are to be sold concurrently together. Santa Monica mailing address but LA City for Building codes. Potential to build 30-59 Units .Current zoning C-2Q would allow 30 Units and R-4 density bonus could allow up to 59 units if parking limits are met. 153 W Channel Rd is a 4 unit Ocean View apartment building with a current gross Income of $139,016 year with 2 units vacant at close of escrow.157 W Channel Rd is a 2 story 1928 4 unit Building with Canyon and Ocean Views with current gross income of $143,532 with 3 units being delivered vacant at close. (Market rent for vacant units being used for current Income) The 3 Bd 2 Ba Single Family w/ some Ocean View, home approx.

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Home facts

  • Year built:1960
  • Listing ID #:25493967
  • Added:247 day(s) ago
  • Updated:October 10, 2025 at 05:33 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:10
  • Living area:2,700 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1960
  • Building area:2,700 sq. ft.
  • Lot area:0.39 Acres

Finances and disclosures

  • Price:$7,495,000
  • Price per sq. ft.:$2,775.93
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