Prime Santa Monica income property—well-maintained 8-unit building that was completely remodeled in 1994 is in an exceptional coastal location. This two-story complex features four units per floor, each with separate gas and electric meters, providing efficient management and strong rental potential. Every unit includes one covered parking space plus an additional uncovered space, a valuable amenity in this high-demand area.
Located near major hospitals, the fire station, and popular local eateries, the property offers excellent convenience for tenants. Just minutes from the beach and the Santa Monica Pier, this building delivers long-term appeal and consistent occupancy. The structure has been well cared for and remains in excellent condition, making it a turnkey investment opportunity.
Ideal for investors seeking stable income in one of Southern California’s most desirable rental markets.
AGENT: Marshall Sharifan LISTING BROKERAGE: All About Real EstateLocated near major hospitals, the fire station, and popular local eateries, the property offers excellent convenience for tenants. Just minutes from the beach and the Santa Monica Pier, this building delivers long-term appeal and consistent occupancy. The structure has been well cared for and remains in excellent condition, making it a turnkey investment opportunity.
Ideal for investors seeking stable income in one of Southern California’s most desirable rental markets.
Courtesy of All About Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1902 Arizona
Santa Monica, CA
Property Details
Price:
$4,700,000
MLS #:
SW26102855
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c14santamonica
Listed Date:
May 14, 2026
Total Sq Ft:
8,508
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1958
C14 – Santa MonicaC14santamonicaNeighborhood
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Schools
Interior
Appliances
GD, RF, GR
Cooling
NO
Flooring
TILE, LAM, CARP
Heating
WL
Interior Features
ST, UFRN
Laundry Features
IR, DINC, WINC
Levels
U
Exterior
Common Walls
_2CW
Community Features
SDW, STM, SL
Parking Spots
16
Parking Total
16
Roof
TARGRV
Spa Features
NO
View
NE
Window Features
BLI
Financial
Gross Operating Income
$230,100
Maintenance Fee
$9,200
Net Operating Income
$159,862
Map
Community
- Address1902 Arizona Santa Monica CA
- CitySanta Monica
- CountyLos Angeles
- Zip Code90404
