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1427 Euclid Street

Santa Monica, CA 90404
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Bed 3

Bed

Bath 8

Bath

SqFt3,462

Sqft

SqFt7,483

Sqft(Lot)

NOW PRICED AT AN IN PLACE 5.8% CAP RATE! 1427 Euclid Street presents a rare opportunity to acquire a high-performing 6-unit multifamily property in Santa Monica with meaningful ADU and income upside. The property features four detached bungalow units and two units above four garages, creating an exceptional layout for garage-to-ADU conversion. Upon completion of the ADUs, the property is projected to achieve an in-place 7.7% cap rate without factoring in any rent increases or unit upgrades. One of the garages is already generating $400 per month as a rented storage unit. The sellers have recently completed foundation upgrades, providing investors with confidence in the building's structural integrity and long-term durability.Located on a 7,483 SF R3-zoned lot, the property offers spacious units, strong existing cash flow, and multiple value-add pathways, including both ADU development and future rent growth. Situated just off Santa Monica Boulevard, residents enjoy excellent walkability and connectivity to major employers, retail, transit, and the beach, with convenient access to both freeways and Metro lines.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,225,000

AD Id : 91333831

MLS Id : 26637121

Beds : 3

Lot Size : 7,483 Sq. Ft

Living Area Size : 3,462 Sq. Ft

Year Built : 1949

Garage : 4

County : Los Angeles

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Feature Features

  • Interior Features

    Appliances: Dishwasher
    Laundry Features: CommonArea
  • Heating & Cooling

    Cooling: None

  • Building Information

    Year Built: 1949
    Building Area Total: 3462
    Stories: 2
    Patio And Porch Features: Enclosed, FrontPorch
    Private Pool: No

  • Lot Information

    Main Square Feet: 7483 Lot Size Acres: 0.1718 Lot Size Source: Assessor Lot Size Square Feet: 7,483

  • Listing Price Information

    Listing Price: $2225000
    Original Price: $2325000

  • Tax Information

    Parcel Number: 4282022020

  • Parking Information

    Parking Total: 4 Assigned, ControlledEntrance, DoorSingle, Garage

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: Euclid St & Pico Blvd
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3117 Virginia Avenue, Santa Monica, CA, 90404 $1,550,000 5 5 1,787 6,485 Sq. Ft
3037 Delaware Avenue, Santa Monica, CA, 90404 $1,929,000 3 2 1,276 6,499 Sq. Ft
2903 Delaware Avenue, Santa Monica, CA, 90404 $1,995,000 3 3 2,087 6,529 Sq. Ft
1630 Franklin Street, Santa Monica, CA, 90404 $1,995,000 5 3 1,892 5,235 Sq. Ft
1626 Franklin Street, Santa Monica, CA, 90404 $2,570,000 3 3 1,576 5,389 Sq. Ft
2817 Virginia Avenue, Santa Monica, CA, 90404 $2,099,000 4 4 2,132 6,503 Sq. Ft
1453 Centinela Avenue, Santa Monica, CA, 90404 $1,995,000 6 4 2,723 7,568 Sq. Ft
1523 Berkeley Street, Santa Monica, CA, 90404 $1,725,000 6 5 3,766 8,139 Sq. Ft
1507 Berkeley Street, Santa Monica, CA, 90404 $2,300,000 15 13 7,740 8,141 Sq. Ft
1430 Franklin Street #A, Santa Monica, CA, 90404 $2,300,000 8 5 3,486 7,805 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information 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 Miami Association of REALTORS® 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 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/30/2026 @ 22:00

MLS: 26637121 LISTED BY: Adam Kanizo, Paloma Realty Partners, Inc. 310-392-2436 SOURCE: CRMLS

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