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1937 17th Street

Santa Monica, CA 90404
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Bed 13

Bed

Bath 7

Bath

SqFt4,840

Sqft

SqFt7,748

Sqft(Lot)

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 of Santa Monica College, and a short commute to Whole Foods, the Pico corridor retail, and the Bergamot Expo Line station, giving tenants a direct rail link to Downtown Santa Monica, Century City, and Downtown Los Angeles. The Santa Monica beach and pier are minutes to the west. Santa Monica remains a supply-constrained, high-demand rental market with deep renter demand from the Silicon Beach tech corridor and the long-term durability that defines Westside multifamily.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,250,000

AD Id : 88339311

MLS Id : 26862705

Beds : 13

Lot Size : 7,748 Sqft

Living Area Size : 4,840

Year Built : 1948

Garage : 2

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 13

    Bathroom Information

    Total Baths: 7

    Roofing Information

    Composition, Shingle
  • Interior Features

    Roof: Composition, Shingle
    Appliances: Dishwasher, Disposal, GasOven, Range, Refrigerator, RangeHood
    Laundry Features: None
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1948
    Building Area Total: 4840
    Pool Features: None
    Private Pool: No
    View: CityLights

  • Lot Information

    Lot Dimensions: 50x155 Main Square Feet: 7748 Lot Size Acres: 0.1779 Lot Size Square Feet: 7,748 Lot Description: RectangularLot

  • Listing Price Information

    Listing Price: $2250000

  • Tax Information

    Parcel Number: 4274014019

  • Parking Information

    Parking Total: 10 Assigned, DoorMulti, Driveway, Garage, Uncovered

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: Heading West on Pico Blvd, turn North on 17th St. The property is on the East side of the Street. Security Features: CarbonMonoxideDetectors,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3202 Urban Avenue, Santa Monica, CA, 90404 $1,075,000 3 1 1,257 1,257 SqFt
1630 Franklin Street, Santa Monica, CA, 90404 $2,295,000 5 -- 1,892 1,892 SqFt
2817 Virginia Avenue, Santa Monica, CA, 90404 $2,149,900 3 2 1,843 1,843 SqFt
1453 Centinela Avenue, Santa Monica, CA, 90404 $1,995,000 6 -- 2,723 2,723 SqFt
1430 Franklin Street #A, Santa Monica, CA, 90404 $2,300,000 8 -- 3,486 3,486 SqFt
1930 Stewart Street #X-7, Santa Monica, CA, 90404 $350,000 1 1 879 879 SqFt
1419 Stanford Street, Santa Monica, CA, 90404 $2,495,000 11 -- 4,800 4,800 SqFt
2230 Delaware Avenue, Santa Monica, CA, 90404 $2,260,000 6 -- 3,075 3,075 SqFt
2709 Santa Monica Boule.., Santa Monica, CA, 90404 $3,799,000 4 3 4,393 4,393 SqFt
1916 1930 Arizona, Santa Monica, CA, 90404 $3,095,000 -- -- 6,003 6,003 SqFt

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 07/27/2026 @ 09:35

MLS: 26862705 LISTED BY: William James, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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