Pending

1222 23rd

Santa Monica, CA 90404

$1,599,900 $6,745/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

1,990

Sqft

5,294

Sqft(Lot)

Description

FIRST TIME ON MARKET IN 40 YEARS! Introducing a truly rare offering in Santa Monica: a single-story, 4-unit bungalow-style property available for the first time in four decades. This charming property represents a unique opportunity for investors or owner-users seeking stable income and long-term appreciation in one of the Westside’s most sought-after coastal markets. Each unit offers enhanced privacy and strong tenant appeal compared to traditional multifamily buildings. The single-story design further contributes to ease of management and broad rental demand. Ideally situated within walking distance to Trader Joe's and Whole Foods Market (both ~300 feet away), and Saint John's Health Center (0.2 miles), the property benefits from exceptional day-to-day convenience and proximity to a major employment hub. The surrounding neighborhood is characterized by tree-lined streets, strong walkability, and easy access to Santa Monica’s retail corridors, beaches, and transit options. The property also features a detached 4-car garage, currently leased as storage, providing immediate supplemental income. Recent capital improvements include a brand-new roof installed in 2024, minimizing near-term maintenance expenses and enhancing asset stability. With Santa Monica’s historically low vacancy rates, high barriers to entry, and enduring tenant demand, this generational asset offers a compelling blend of current income, location-driven appreciation, and long-term investment stability.

Property Details

Property Type : Residential Income

Price : $1,599,900

AD Id : 77664200

MLS Id : OC26087015

Lot Size : 5,294 Sqft

Living Area Size : 1,990

Year Built : 1947

Garage : 4

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Interior Features: All Bedrooms Down Flooring: Wood
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1947 Building Area Total: 1,990
Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1215
Lot Size Source: Assessor Lot Size Square Feet: 5294

Listing Price Information

Original List Price: 1,599,900 Listing Contract Date: 2026-04-22
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4276016006

Garage and Parking

Garage Description: Garage Faces Rear

Homeowners Association

Other Property Info

Source Listing Status: Pending Source Neighborhood: C14 - Santa Monica Directions: North of Santa Monica Blvd, West of 26th St Source Property Type: Residential Income Area: C14 - Santa Monica Property SubType: Quadruplex
Building and Construction

Property Age: 79 Common Walls: 1 Common Wall Structure Type: Quadruplex Year Built Source: Public Records Entry Level: 1 Entry Location: street Property Attached: Yes

Sell a home like this and save $95,495 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2117 Stewart Street, Santa Monica, CA, 90404	$1,915,000	5	4	2,544	2,544 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/10/2026 @ 10:53

MLS: OC26087015 LISTED BY: Fred Sedighravesh, Keller Williams Realty Irvine 949-861-8000 SOURCE: CRMLS