$2,950,000

2218 24th Street, Santa Monica, CA 90405

5 beds |
5 baths |
3,412 sqft

Multi-Family Home
Built in 1947
7,514sqft lot
2 car garage
$865/sqft
Listed 3 months ago

Property Description

The subject property is a five-unit residential income asset located at 2218 24th Street in the Sunset Park neighborhood of Santa Monica. Built in 1947 and zoned SMR1, the asset consists of a (1) 2-Bedroom/ 1.5-Bath + Office front house, (3) 1-Bedroom / 1-Bath units, and (1) Studio / 1-Bath unit, totaling 3,412 rentable square feet on a 7,514 SF lot. There are two garages. One two-car garage is facing the alley, while the other two-car garage is accessible from the courtyard and is currently used as storage. There are 5 total parking spaces on-site. The property is 100% occupied with substantial in-place rental upside, sitting just blocks from Whole Foods, Trader Joe's, the Bergamot Expo Line station, and Santa Monica College. Positioned just blocks from neighborhood shopping and restaurants, the property boasts a walk score of 88 (Walker's Paradise). There is a laundry room on-site with washer and dryer machines that are owned provided a great amenity and additional income. The property benefits from one of the Westside's most walkable submarkets, a quiet residential pocket with limited new supply, strong renter demand, and the long-term durability that defines Santa Monica multifamily.

Listing Status:: Active
Date Added:: July 6, 2026
Data Last Updated:: October 10, 2026 at 7:18AM
Listing Office:: Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:: William James : 310-600-9858
MLS ID:: 26854589

Appliances: Refrigerator
A/C: Wall/Window Unit(s)
Heating: Wall Furnace
Fireplace: DenFireplace

General: None
Style: Mid-Century Modern
Other Structures: Rear Porch
Pool: None
Parking: AssignedCoveredDoor-MultiDrivewayGarageParking spaces: 5

Roofing: CompositionShingle
General: Stucco2

Originating MLS: CRMLS_CL
County: Los Angeles

Zoning: SMR1*4273007003
View: City LightsView

Sewer: Other

Source: CRMLS_CL

This listing courtesy of William James , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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