$3,850,000
-$100,0001307 15th Street, Santa Monica CA 90404
Multi-Family (11 Units)
Property type
368 days
On market
$458
Price per sqft
N/A
Garage
1958
Year built
7,500 sqft
Lot size
Home highlights
Open Houses
Overview
11-Unit Apartment for sale in desirable Santa Monica neighborhood! North of Santa Monica Blvd., across the street from the Santa Monica UCLA Hospital and related medical buildngs. Strong unit mix with market rents reported by owner. Pride of Ownership shows
Listing provided by: William Dawson DRE #01059814 310-453-3341, Sullivan-Dituri Co.Realtors
Listing updated: Feb 27, 2026 at 07:28pm.
Last checked: Jun 5, 2026 at 08:01pm
Source: CRMLS #25547121
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 0 | 1 | — | $1,350 | $2,700 | $3,790 | Unfurnished |
| 6 | 1 | 1 | — | $1,949 | $11,698 | $14,400 | Unfurnished |
| 3 | 2 | 1 | — | $2,700 | $8,100 | $9,750 | Unfurnished |
# of Buildings: 1
# of Units Total: 11
Refrigerator: 11
Financial Snapshot
Gross Rent Multiplier
14.3x
List Price / Annual Gross Rent
Cap Rate
4.34%
NOI / List Price
Net Operating Income: $167,019
Interior
Cooling: None
Heating: Wall Furnace
Appliances: Refrigerator
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Garage
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 4282017034
Zoning: SMCP3*
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1307 15th Street, Santa Monica, CA 90404. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,080,000
Total Interest
$3,928,370
Total Payment
$7,008,370
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$23,628
per month
Property History for 1307 15th Street
Santa Monica Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90404.
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