Property
Listing Agent: Malyn Dahlin (DRE #02036877) · Listing Office: The Agency · Contact: 424-835-7230 · Bought with: Benjamin Russell · Douglas Elliman of California, Inc. · MLS #25570821 · Source: CRMLS
Unlock the potential of this exceptional income property in the heart of Santa Monica. Set on a 7,500 sq ft lot zoned SMC4, this rare offering includes five detached bungalows and four rentable garages, providing a unique blend of charm, flexibility, and value-add opportunity.With four of the five units delivered vacant, investors have immediate upside through renovation, lease-up, or redevelopment. Whether you're seeking stable rental income, a 1031 exchange candidate, or a future development play, this property offers the versatility and location to match.Ideally situated near the Expo Line, shops, restaurants, and Santa Monica Beach, this is your chance to own a piece of one of L.A.'s most desirable coastal neighborhoods. Don't miss out on this rare find - opportunities like this are few and far between.
Listing description from the December 2025 sale, as reported to CRMLS.