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440 Raymond Avenue

Santa Monica, CA 90405
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Bed 28

Bed

Bath 28

Bath

SqFt15,820

Sqft

SqFt13,811

Sqft(Lot)

*NOW TOURING* 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 flo oring, ceramic tile finishes, crown molding, LED lighting, and updated appliances. Ownership has completed extensive renovations while leaving additional upside through continued unit turnover.Positioned approximately five blocks from the Pacific Ocean, residents enjoy convenient access to Main Street Santa Monica's restaurants, cafes, boutiques, fitness studios, and neighborhood-serving retail. The property is also located near the Santa Monica Farmers Market, Santa Monica Pier, Abbot Kinney,Third Street Promenade, and the beach bike path. Located in the heart of Silicon Beach, 440 Raymond Ave benefits from proximity to major employment centers throughout Santa Monica, Venice, Playa Vista, Marina del Rey, and Culver City. Convenient access to Lincoln Boulevard, Pacific Coast Highway, and the I-10 Freeway further enhances accessibility throughout the Westside.440 Raymond Ave offers investors a rare opportunity to acquire a well-located Ocean Park apartment asset being offered for sale for the first time in nearly 30 years, with extensive renovations, a walk-to-beach location, and continued rental upside.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $7,750,000

AD Id : 84977451

MLS Id : 26848557

Beds : 28

Lot Size : 13,811 Sqft

Living Area Size : 15,820

Year Built : 1969

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 28

    Bathroom Information

    Total Baths: 28

    Flooring Information

    Carpet
  • Interior Features

    CrownMolding
    Appliances: Oven, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1969
    Building Area Total: 15820
    Stories: 2
    Patio And Porch Features: Deck
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 13811 Lot Size Acres: 0.3171 Lot Size Square Feet: 13,811

  • Listing Price Information

    Listing Price: $7750000
    Cash

  • Tax Information

    Parcel Number: 4287020031

  • Parking Information

    Parking Total: 29 ControlledEntrance, Covered, Garage, GarageDoorOpener, CommunityStructure

    Garage Information

    Has Garage: Yes

  • Location Information

    Direction: Ocean Park Neighborhood, West of Lincoln, South of Ocean Park Blvd
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2521 33rd Street, Santa Monica, CA, 90405 $2,495,000 2 1 1,571 1,571 SqFt
2636 33rd Street, Santa Monica, CA, 90405 $2,445,000 2 1 1,035 1,035 SqFt
2312 32nd Street, Santa Monica, CA, 90405 $2,099,000 3 2 1,361 1,361 SqFt
2302 32nd Street, Santa Monica, CA, 90405 $2,075,000 6 -- 3,492 3,492 SqFt
2711 Pico Boulevard, Santa Monica, CA, 90405 $5,990,000 18 -- 9,926 9,926 SqFt
2222 Pier Avenue, Santa Monica, CA, 90405 $3,125,000 5 3 3,464 3,464 SqFt
2626 Cloverfield, Santa Monica, CA, 90405 $4,950,000 -- -- 5,968 5,968 SqFt
2302 Oak Street, Santa Monica, CA, 90405 $3,680,000 -- -- 9,109 9,109 SqFt
2648 23rd Street, Santa Monica, CA, 90405 $3,200,000 12 8 6,294 6,294 SqFt
2030 Marine Street, Santa Monica, CA, 90405 $2,999,000 3 1 1,899 1,899 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 08/16/2026 @ 18:14

MLS: 26848557 LISTED BY: Don Favia, Realty Investment Advisors, Inc. SOURCE: CRMLS

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