824 Maple Street, Santa Monica, CA 90405
Property
Sold May 2026
Listing Agent: David Schuchman (DRE #01472937) · Listing Office: Roque & Mark Company, Inc. · Contact: 310-828-7525 · Bought with: James Keady · CB Richard Ellis, Inc. · MLS #26650045 · Source: CRMLS
About this property
$325,000 Price Reduction!!! The property is fully occupied and currently offered at a 11.58 GRM and 5.87 CAP rate, at CURRENT RENTS! Roque & Mark Co. is pleased to represent this well maintained 6-unit apartment building in the Ocean Park neighborhood of Santa Monica. This property is only 6 blocks to Main St. and 8 blocks to the beach. The front unit is a huge 3 bedroom + 3 baths "Owner's Unit" that is approx. 2,000 sf. It has a private, 4 car oversized attached garage with additional driveway parking. Excellent unit mix consisting of (1) 3 beds + 3 baths, (3) 2 beds + 2 baths, and (2) 1 bed + 1 bath + bonus room. The bonus rooms function like a bedroom, just without a closet. The entire building has upgraded dual paned windows. 5 additional parking spaces located off the alley. Every unit has a reserved parking space. All soft-story retrofitting and balcony inspections have been completed. Several units have been luxuriously upgraded. For investors, this is an opportunity to acquire a solid, well-located coastal multifamily asset with lasting appeal and upside potential in an area known for high barriers to entry and enduring desirability. This is a quiet street despite its close proximity to shops, cafes, and restaurants. Subject to City of Santa Monica rent control.
Listing description from the May 2026 sale, as reported to CRMLS.
Sale history