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1937 17th Street, Santa Monica, CA 90404

Santa Monica
Local realty services provided by:CENTURY 21 Epic
1937 17th Street,Santa Monica, CA 90404
$2,250,000
  • 13 Beds
  • 7 Baths
  • 4,840 sq. ft.
  • Multi-family
  • Active
Listed by: william james, peter james
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26862705
Source:CRMLS

Price summary

  • Price:$2,250,000
  • Price per sq. ft.:$464.88

About this home

The subject property is a six-unit residential income asset located at 1937 17th Street in central Santa Monica. Built in 1948 and zoned SMR2, the asset consists of (1) 3-Bedroom / 1.5-Bath unit and (5) 2-Bedroom / 1-Bath units, including a detached 2 Bedroom / 1-Bath home located towards the rear of the property, totaling 4,840 rentable square feet on a 7,746 SF lot. The property will be delivered with three vacant units at the close of escrow. Currently two units are vacant with a third unit becoming vacant at the end of August. Recent upgrades include a new roof and updated electrical systems. Tenant parking is on-site with 8 uncovered individual spaces and a 2 car garage located at the front of the property. The property delivers strong in-place cash flow at a 5.00% cap rate, with meaningful embedded upside as rents are brought to market. Potential ADU can be built as a garage conversion, buyer to verify. Positioned in Prime Santa Monica, the property sits within one block...

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Home facts

  • Year built:1948
  • Listing ID #:26862705
  • Added:1 day(s) ago
  • Updated:July 24, 2026 at 10:32 AM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:7
  • Kitchen Description:Dishwasher, Disposal, Gas Oven, Range, Range Hood, Refrigerator
  • Living area:4,840 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1948
  • Building area:4,840 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Rectangular Lot
  • Architectural Style:Mid Century Modern

Finances and disclosures

  • Price:$2,250,000
  • Price per sq. ft.:$464.88

Features and amenities

  • Appliances:Dishwasher, Disposal
  • Amenities:Carbon Monoxide (CO2) Detector

Parking

  • Total parking spaces:10
  • Parking description:Assigned, Door-Multi, Driveway, Garage, Uncovered
  • Garage:Yes
  • Garage spaces:2
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Epic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Epic, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Mike Southwick

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