2032 Delaware Avenue, Santa Monica, CA 90404

Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
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2032 Delaware Avenue,Santa Monica, CA 90404
$9,999,000
  • 40 Beds
  • 32 Baths
  • 24,494 sq. ft.
  • Multi-family
  • Active
Listed by:tony azzi
Office:tony azzi
MLS#:25537621
Source:CRMLS

Price summary

  • Price:$9,999,000
  • Price per sq. ft.:$408.22

About this home

2032-2106 Delaware Avenue is a two-story, wood-frame construction apartment building consisting of 30 total units, supported by two parking structures at the rear of the property. The unit mix includes 20 one-bedroom units, 2 two-bedroom townhome units, and 8 two-bedroom units, offering a balanced combination of layouts to attract a diverse tenant base. The property presents a compelling value-add opportunity, with approximately 38% rental upside. Set on a large 1.09-acre lot with low site coverage, the site provides ample space for the addition of 2 to 4 accessory dwelling units (ADUs), allowing for future income growth. Residents enjoy the convenience of 26 private one-car garages, full kitchens in each unit, and on-site laundry facilities. Mature landscaping, combined with an open and spacious layout, creates a serene, garden-style community atmosphere that is highly desirable to tenants. Located in the heart of Santa Monica's thriving Pico neighborhood, the property offers easy

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Home facts

  • Year built:1948
  • Listing Id #:25537621
  • Added:93 day(s) ago
  • Updated:August 13, 2025 at 01:21 PM

Rooms and interior

  • Bedrooms:40
  • Total bathrooms:32
  • Living area:24,494 sq. ft.

Structure and exterior

  • Year built:1948
  • Building area:24,494 sq. ft.
  • Lot area:1.09 Acres

Finances and disclosures

  • Price:$9,999,000
  • Price per sq. ft.:$408.22
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 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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