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Listed by: Christina Fetterolf (540) 419-1081 DRE #02067644 | Rodeo Realty (310) 724-7100
$2,195,000
Monthly Est:$10,925
2 Beds
4 Baths
1,469sqft
1147 24th Street, Santa Monica, CA 90403
$2,195,000
$10,925/moEst:
Get Pre-Approved
Multi Family
Built in -
$-- HOA
6,212 sqft lot
$1,494/sq.ft
Description
Set in one of Santa Monica's most coveted residential neighborhoods, just moments from the beach and the iconic Santa Monica Pier, this four-unit property presents an exceptional opportunity for investors and owner-users alike. The property features two studio residences with full bathrooms on the lower level and two 1-bedroom/1-bath residences on the upper level, creating a versatile unit mix with strong existing income and additional upside potential. Three residences are currently tenant occupied, while one of the upstairs 1-bedroom/1-bath units is intentionally being held vacant, creating an ideal opportunity for an owner-user to move in or for an investor to place a new tenant at market rent.The property features various updates, a beautiful shared outdoor area and four individual private garages, offering additional income potential of up to $295 per month each. Each of the four units has its own individual address and separate APN, creating the potential for future flexibility, including the possibility of individual unit sales, subject to applicable requirements and buyer investigation and due diligence. No HOA has currently been established, offering another unique aspect of the property and potential flexibility for a future owner, subject to applicable requirements and restrictions.Whether you're looking to diversify your investment portfolio or become an owner-investor by living in one residence while generating rental income from the others to help offset your mortgage, this property offers tremendous versatility. Financing opportunities may include zero-down programs for qualified buyers, as well as FHA 203(k) renovation financing, subject to borrower, lender and property eligibility.An incredible opportunity to build equity, generate income and own a uniquely structured multi-unit property in one of Southern California's most desirable coastal communities close to Santa Monica's renowned beaches, dining, shopping, entertainment and quintessential Westside lifestyle.
- Houzeo last checked: 5 minutes ago
- Listing updated: October 7, 2026 at 9:25 pm
- Source: California Regional MLS-CA | MLS#: 26996179
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
1,469 sqft
Lot Size
6,212 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26996179
MLS Status
Active
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 4
Interior
Interior Features
Ceiling Fans
Heating
Electric
Appliances
Disposal, Microwave, Refrigerator, Dryer, Washer
Utilities & Energy
Parking Features
Assigned, Garage
Price History
| Date | Event | Price |
|---|---|---|
10/05/2026 Source: | Coming Soon | $2,195,000 $1,494/sqft |
10/05/2026 Source: | Listed for Sale | $2,195,000 $1,494/sqft |
Northeast Neighbors Ranks # in Santa Monica, CA
Homes
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Median Home Price
Getting Around 1147 24th Street
Bike Score®
Very Bikeable
79/100
Walk Score®
Walker's Paradise
90/100
Transit Score®
Good Transit
65/100
Data provided by Redfin
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 12:45AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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