2415 Arizona Avenue, Santa Monica, CA 90404 - Berkshire Hathaway HomeServices California Properties

2415 Arizona Avenue, Santa Monica, CA 90404

$1,850,000 Approx. USD 4 beds, 4 baths
1,924 sqft

Reduced by $70,000 on 6/11/2025

Listing Agent


Jake Glaser | jake@lyonstahl.com
Lic#: 02128816
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Co Listing Agent


Spencer Chan | spencer@lyonstahl.com
Lic#: 02197531
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Agent Remarks

Charming and well-located 4-unit bungalow property situated on a gated, secure corner lot at Arizona Avenue and Chelsea Avenue in the heart of Santa Monica. This attractive asset offers a rare opportunity to acquire stabilized income in a prime location & high-demand rental market. It is also a perfect for an owner-user property, with one of the units to be delivered VACANT as of July 1st. The property consists of two separate duplex structures, each containing two 1-bedroom units, with a shared central patio between the buildings offering a welcoming communal space. Each unit features both front and rear entry access and are light & bright with plenty of sunshine. Three of the four units have been thoughtfully upgraded with new laminate flooring, upgraded bathroom tile, modern light fixtures, new blinds, and upgraded appliances. All units are equipped with gas wall heaters, and water heaters that have been replaced within the past seven years. Unit 2415, located closest to the alley, also enjoys a spacious private patio, perfect for outdoor living and added privacy. The property includes four private garages accessed from the alley, one of which will be available for the upcoming vacancy. Two of the garages are currently rented separately, generating an additional $400 per month in rental income. The garages also provide the perfect opportunity to convert to ADUs (Buyer to verify). Situated on a 5,293 SF R2-zoned lot, 2415 Arizona Avenue is ideally located just minutes from some of Santa Monica's most desirable amenities, including Whole Foods, Trader Joe's, Reed Park, Virginia Avenue Park, and Santa Monica College.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25547035
List price is $1,850,000 Reduced by $70,000 on 6/11/2025
Price: $1,850,000
Beds: 4
Baths: 4
Built in 1938
1,924 sqft
1 story
0.12 acres
Lot size: 0.1215
County: Los Angeles
Zoning: SMR2*
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C14 - Santa Monica

Last Updated: 6/14/2025

 Days On Market (DOM): 16

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This listing belongs to the C14 - Santa Monica MLS area

Lat/Long: 34.033274, -118.477851.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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