$2,700,000
522 - 532 Idaho Avenue, Santa Monica CA 90403
Multi-Family (6 Units)
Property type
297 days
On market
$804
Price per sqft
N/A
Garage
1922
Year built
7,482 sqft
Lot size
Home highlights
Open Houses
Overview
PRIVATE PROPERTY. TOURS BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS. THREE UNITS WILL BE DELIVERED VACANT AT CLOSE, WITH FOUR OF SIX UNITS (66%) SCHEDULED FOR MARKET RENTS, PROVIDING IMMEDIATE CONTROL OVER RENOVATIONS AND LEASE-UP. BUY A 4.97% CAP IN AN A+++ WILSHIRE-MONTANA LOCATION. THE INVESTMENT COMBINES STABILITY WITH A CLEAR PATH TO INCOME GROWTH. A RARE BASIS IN A...
Listing provided by: James Keady DRE #01943024 408-857-7443, CB Richard Ellis, Inc.
Listing updated: Jun 4, 2026 at 05:19pm.
Last checked: Jun 4, 2026 at 06:00pm
Source: CRMLS #25575611
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,727 | $1,727 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $1,518 | $1,518 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $3,200 | $3,200 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $3,200 | $3,200 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $3,200 | $3,200 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $3,850 | $3,850 | $3,850 | Unfurnished |
# of Buildings: 3
# of Units Total: 6
Dishwasher: 6
Disposal: 6
Refrigerator: 6
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
13.4x
List Price / Annual Gross Rent
Cap Rate
4.97%
NOI / List Price
Vacancy Allowance Rate: 3%
Net Operating Income: $137,677
Interior
Cooling: None
Heating: Wall Furnace
Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Entry Location: Ground Level W, Steps
Exterior
Architectural Style: Bungalow
Property Attached: Yes
Stories Total: 1
Levels: One
Common Walls: One Common Wall
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 4292010001
Zoning: SMR2*
Community
HOA: No
Senior Community: No
High School District: Santa Monica-Malibu Unified
Nearby Schools
Nearby schools around the 522 - 532 Idaho Avenue, Santa Monica, CA 90403. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,160,000
Total Interest
$2,754,961
Total Payment
$4,914,961
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$16,615
per month
Property History for 522 - 532 Idaho Avenue
Santa Monica Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90403.
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