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2432 3Rd Street

Santa Monica, CA 90405
  • $5,668,888
  • STATUS: Active
  • ON SITE: 99 Days
  • ID#: PTP2509010
$5,668,888
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1918
County:

School Ratings & Info

Listing Agent(s): David Saikaly of Locals Real Estate (619-250-2530)


Description

Welcome to 2432 3rd St, a historic and charming multi-family property located in the heart of Santa Monica, CA. Built in 1918, this unique home boasts a total of 7 bathrooms and a spacious finished area of 4,400 square feet. Situated on a generous lot size of 6,495 square feet, this property offers plenty of outdoor space for relaxing and entertaining. Incredible and spacious 1920s Spanish style two-story duplex in front and classic craftsman shotgun bungalows nestled in back inside separate private compound. Entire property is gated for privacy and serenity. In historic Ocean Park, just 3 blocks from the beach and steps to world famous Main St with delicious and exciting nightlife, but also the calming quiet of the waves heard at night, and soothing breeze during the day. Fruit, flowering and other privacy trees and hedges see occasional southern California squirrels, hummingbirds and doves at play. Has driveway parking for up to 5 cars (one being in the carport.) An extensive and legal remodel and expansion completed in 2020, 2021, and 2023, the large breathtaking units are able to be quickly and easily rented out short or long term with a solid return on investment with the enticement of the beach location locking in a solid long term growth potential. Important note: square footage and rooms here are correct.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-16T00:26:03.207. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/171185242
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2432 3Rd Street Santa Monica, CA 90405

  • Price: $5,668,888
  • Status: Active
  • On Site: 99 Days
  • ID#: PTP2509010
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1918
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
Welcome to 2432 3rd St, a historic and charming multi-family property located in the heart of Santa Monica, CA. Built in 1918, this unique home boasts a total of 7 bathrooms and a spacious finished area of 4,400 square feet. Situated on a generous lot size of 6,495 square feet, this property offers plenty of outdoor space for relaxing and entertaining. Incredible and spacious 1920s Spanish style two-story duplex in front and classic craftsman shotgun bungalows nestled in back inside separate private compound. Entire property is gated for privacy and serenity. In historic Ocean Park, just 3 blocks from the beach and steps to world famous Main St with delicious and exciting nightlife, but also the calming quiet of the waves heard at night, and soothing breeze during the day. Fruit, flowering and other privacy trees and hedges see occasional southern California squirrels, hummingbirds and doves at play. Has driveway parking for up to 5 cars (one being in the carport.) An extensive and legal remodel and expansion completed in 2020, 2021, and 2023, the large breathtaking units are able to be quickly and easily rented out short or long term with a solid return on investment with the enticement of the beach location locking in a solid long term growth potential. Important note: square footage and rooms here are correct.
Exterior Features

Architectural Style BungalowCape CodCraftsmanSpanishShotgunTraditionalPatio Home Carport Spaces 1 Carport YN Yes Construction Materials BlockDrywallFrameHardboardConcreteRedwood SidingShingle SidingStuccoSteelWood SidingCopper Plumbing Entry Level 1 Entry Location Front Exterior Features BarbecueLightingRain Gutters Fencing Excellent ConditionPrivacySecurityWrought Iron Foundation Details CombinationConcrete PerimeterPillar/Post/PierQuake BracingRaisedTie Down Lot Features 2-5 Units/AcreBack YardFront YardSprinklers In RearSprinklers In FrontNear ParkNear Public TransitRectangular LotRolling SlopeSecludedSprinklers On SideSprinkler SystemTreesYard Number Of Separate Electric Meters 3 Open Parking Spaces 4 Parking Features Attached CarportConcreteCarportDrivewayGatedOn SiteOff StreetPavedPermit RequiredPorte-CocherePrivateOne SpaceOn StreetUncovered Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof AsphaltCompositionCommon RoofRolled/Hot MopSpanish TileTar/Gravel Spa Features None Spa YN No View NeighborhoodTrees/Woods View YN Yes

Interior Features

Accessibility Features Safe Emergency Egress from HomeNo StairsParkingAccessible DoorsAccessible Hallway(s) Appliances BarbecueConvection OvenDishwasherENERGY STAR Qualified AppliancesFree-Standing RangeMicrowaveRefrigeratorRange HoodSelf Cleaning OvenTankless Water HeaterVented Exhaust FanWater To RefrigeratorWater HeaterDryerWasher Common Walls 1 Common WallEnd UnitNo One AboveNo One Below Cooling DuctlessElectricENERGY STAR Qualified EquipmentGasHigh EfficiencyHeat PumpWall/Window Unit(s) Cooling YN Yes Fireplace Features InsertFree StandingGasWood Burning Stove Fireplace YN Yes Flooring BambooConcreteTileWood Heating ElectricENERGY STAR Qualified EquipmentHigh EfficiencyNatural GasWall Furnace Heating YN Yes Interior Features Built-in FeaturesBlock WallsCeiling Fan(s)Crown MoldingCathedral Ceiling(s)FurnishedHigh CeilingsOpen FloorplanPantryRecessed LightingStorageSmart HomeTandemAtticBedroom on Main LevelEntrance FoyerGalley KitchenInstant Hot WaterMain Level PrimaryUtility RoomWalk-In Closet(s)

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 0 Community Features BikingCurbsDog ParkHikingStorm Drain(s)Street LightsSuburbanSidewalksWater SportsPark Disclosures Accessory Dwelling UnitCoastal Zone Electric 220 Volts in GarageStandard220 Volts Garage YN Yes Green Energy Efficient Appliances Gross Income 260000 Gross Scheduled Income 280000 Insurance Expense 3600 Land Lease YN No Laundry Features Common AreaWasher HookupElectric Dryer HookupGas Dryer HookupInsideIn KitchenIn CarportOutsideStacked Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 260000 New Construction YN No New Taxes Expense 20000 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 4 Operating Expense 29600 Other Equipment Satellite Dish Other Expense 5000 Property Condition Building PermitUpdated/Remodeled Property Sub Type Triplex Rent Control YN No Security Features Security SystemClosed Circuit Camera(s)Carbon Monoxide Detector(s)Fire Detection SystemFire Rated DrywallSmoke Detector(s)Security Lights Senior Community YN No Sewer Private Sewer Special Listing Conditions Standard Total Actual Rent 280000 Trash Expense 1000 Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedNatural Gas AvailableSee RemarksOverhead Utilities Zoning SMOP2



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-16T00:26:03.207. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): David Saikaly of Locals Real Estate (619-250-2530)