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Stacey Alysson Melman

1419 Stanford ST
Santa Monica, CA, 90404
$2,250,000
11 Beds
7 Baths
4,800 SqFt
0.18 Acres
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MLS #26857251 image #0
Motivated Seller! Exceptional investment opportunity in the heart of Santa Monica! This six unit income property features two separate buildings on one lot and offers an outstanding opportunity for investors or owner occupants seeking a value add asset in one of the Westside’s most desirable rental markets. The unique configuration includes a detached single family residence in the front and a separate five unit apartment building in the rear, offering exceptional flexibility and long term investment potential. The front home, which is currently leased, offers approximately 1,200 square feet with 2 bedrooms, 2 bathrooms, and a den. The rear building is a two story, five unit apartment building consisting of four 2 bedroom, 1 bathroom units and one 1 bedroom, 1 bathroom unit. Most units have been tastefully updated, and most windows throughout the property have been recently replaced, providing enhanced energy efficiency, comfort, and curb appeal. The front house also features a recently installed roof. The property includes six on site parking spaces, four of which are covered, along with a community laundry room. One 2 bedroom, 1 bathroom unit and one 1 bedroom, 1 bathroom unit are currently vacant, presenting an immediate opportunity to lease at current market rents and significantly increase cash flow. Current rental income reflects the existing occupancy, with pro forma gross rental income projected to exceed $16,000 per month. Buyer to independently verify all income, expenses, rental projections, square footage, and all other information. Ideally situated just minutes from Santa Monica’s world famous beaches, Main Street, Downtown Santa Monica, Montana Avenue, premier shopping, dining, parks, and convenient transportation, this is a rare opportunity to acquire a well maintained income property with immediate upside potential in one of Southern California’s strongest and most sought after rental markets.
AGENT: Desiree Danialian
LISTING BROKERAGE: BEKERIS
1419 Stanford ST
Santa Monica, CA

Property Details

Price:
$2,250,000
MLS #:
26857251
Status:
Active
Beds:
11
Baths:
7
Type:
Single Family
Neighborhood:
c14santamonica
Listed Date:
Jul 8, 2026
Finished Sq Ft:
4,800
Total Sq Ft:
4,800
Lot Size:
7,824 sqft / 0.18 acres (approx)
Year Built:
1958
C14 – Santa MonicaC14santamonica
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Schools

Interior

Appliances
DW, GD, MW, RF
Heating
COM
Interior Features
CF
Laundry Features
CM, DINC, WINC
Levels
U

Exterior

Parking Spots
6
Parking Total
6

Financial

Gross Operating Income
$129,348
Net Operating Income
$77,263

Map

Community

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