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2648 23rd Street

Santa Monica, CA 90405
  • $3,200,000
  • STATUS: Active Under Contract
  • ON SITE: 57 Days
  • ID#: 26870527
Under Contract
UPDATED: 59 min ago
$3,200,000
  • 12
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,294
    SQFT
  • $508
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

Listing Agent(s): Francyne Lambert of Lambert Investments, Inc. (310-453-9656) and Carl Lambert of Lambert Investments, Inc.(310-453-9656)


Description

See Documents for complete Offering Memorandum. Beautiful Mid Century Modern 8-unit multifamily property in Santa Monica's happening Sunset Park neighborhood on a large 9,283 square foot corner lot. Consists of four 2-bedroom/1-bath units and four 1-bedroom/1-bath units, with six 1-car garages and one carport. Built in 1949, approximately 6,294 square feet of building area. Individually metered, installed gas shutoff valves, and does not require seismic retrofitting. Each unit has its own water heater, back door, generous floor plans, and ample closet space. Property improvements include a brand-new roof and gutters, copper plumbing, a waterproof deck over the garages, and beautifully designed landscaping with irrigation, timer, enclosed by a redwood perimeter fence with two gates. Seven of the eight units have been upgraded including SPC flooring, faux wood blinds, kitchen cabinets, new countertops, and gas stoves. Please OM for more details, information, and pictures.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-07T17:43:11.643. 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/180006846
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2648 23rd Street Santa Monica, CA 90405

  • Price: $3,200,000
  • Status: Active Under Contract
  • On Site: 57 Days
  • Updated: 59 min ago
  • ID#: 26870527
12
Beds
0
Baths
0
½ Baths
0.21
Acres
6,294
SQFT
$508
$/SQFT
1949
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
See Documents for complete Offering Memorandum. Beautiful Mid Century Modern 8-unit multifamily property in Santa Monica's happening Sunset Park neighborhood on a large 9,283 square foot corner lot. Consists of four 2-bedroom/1-bath units and four 1-bedroom/1-bath units, with six 1-car garages and one carport. Built in 1949, approximately 6,294 square feet of building area. Individually metered, installed gas shutoff valves, and does not require seismic retrofitting. Each unit has its own water heater, back door, generous floor plans, and ample closet space. Property improvements include a brand-new roof and gutters, copper plumbing, a waterproof deck over the garages, and beautifully designed landscaping with irrigation, timer, enclosed by a redwood perimeter fence with two gates. Seven of the eight units have been upgraded including SPC flooring, faux wood blinds, kitchen cabinets, new countertops, and gas stoves. Please OM for more details, information, and pictures.
Exterior Features

Open Parking Spaces 1 Parking Total 7

Property Features

Association YN No Cap Rate 5.5 Garage YN Yes Gross Income 24458 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 177533 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning SMR2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-07T17:43:11.643. 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): Francyne Lambert of Lambert Investments, Inc. (310-453-9656) and Carl Lambert of Lambert Investments, Inc.(310-453-9656)