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440 Raymond Avenue, Santa Monica, CA 90405

Santa Monica
Local realty services provided by:CENTURY 21 Experience
440 Raymond Avenue,Santa Monica, CA 90405
$7,750,000
  • 28 Beds
  • 28 Baths
  • 15,820 sq. ft.
  • Multi-family
  • Active
Listed by: don favia, benjamin j. hsiang
Office: realty investment advisors, inc.
MLS#:26848557
Source:CRMLS

Price summary

  • Price:$7,750,000
  • Price per sq. ft.:$489.89

About this home

We are proud to present 440 Raymond Ave, a 20-unit multifamily investment opportunity located in the highly sought-after Ocean Park neighborhood of Santa Monica. Held by the same family since 1997, this offering represents a rare opportunity to acquire a Westside asset being offered for sale for the first time in nearly 30 years. Featuring a desirable courtyard-style layout, the property has benefited from significant capital improvements throughout ownership, including a complete copper plumbing repipe, newer above grade sewer pipes, completed seismic retrofit work, security enhancements, and numerous common area improvements. Additionally, 15 of the property's 20 units have been renovated with updated kitchens and bathrooms, quartz countertops, upgraded cabinetry, wood flooring, ceramic tile finishes, crown molding, LED lighting, and updated appliances. Ownership has completed extensive renovations while leaving additional upside through continued unit turnover.Positioned...

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Home facts

  • Year built:1969
  • Listing ID #:26848557
  • Added:1 day(s) ago
  • Updated:June 17, 2026 at 02:31 AM

Rooms and interior

  • Bedrooms:28
  • Total bathrooms:28
  • Flooring:Carpet
  • Kitchen Description:Oven, Refrigerator
  • Living area:15,820 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1969
  • Building area:15,820 sq. ft.
  • Lot area:0.32 Acres
  • Exterior Features:Deck
  • Levels:2 Story

Finances and disclosures

  • Price:$7,750,000
  • Price per sq. ft.:$489.89

Features and amenities

  • Amenities:Crown Molding

Parking

  • Total parking spaces:29
  • Parking description:Community Structure, Controlled Entrance, Covered, Garage, Garage Door Opener
  • Garage:Yes
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 Experience is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Experience, 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: Peter Gottuso

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