231 California Avenue, Santa Monica, CA 90403

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
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231 California Avenue,Santa Monica, CA 90403
$2,295,000
  • 8 Beds
  • 5 Baths
  • 4,426 sq. ft.
  • Multi-family
  • Pending
Listed by:john swartz
Office:compass
MLS#:25551221
Source:CRMLS

Price summary

  • Price:$2,295,000
  • Price per sq. ft.:$518.53

About this home

231 California Avenue, a rare five-unit multifamily investment located in the prestigious North of Wilshire enclave of Santa Monica-just three blocks from the beach and moments from the vibrant retail and dining along Montana Avenue. Built in 1953, this two-story property spans approximately 4,426 square feet on a 5,016 square-foot lot zoned SMR3*, offering investors a compelling blend of prime location, strong in-place fundamentals, and substantial long-term upside. The building features an attractive unit mix of spacious one- and two-bedroom layouts, including two 1-bed/1 bath units, two 2-bed/1-bath units and one 2-bed/1.5- bath unit which boasts a private outdoor patio. The property includes four on-site parking spaces (two garaged and two tandem), with additional permitted street parking available for residents. Each unit is separately metered for gas and electricity, includes its own water heater, and is supported by a security system. Operating expenses are minimal, limited

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Home facts

  • Year built:1953
  • Listing Id #:25551221
  • Added:77 day(s) ago
  • Updated:August 27, 2025 at 07:26 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Living area:4,426 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:1953
  • Building area:4,426 sq. ft.
  • Lot area:0.12 Acres

Finances and disclosures

  • Price:$2,295,000
  • Price per sq. ft.:$518.53
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