$2,275,000
-$50,0001427 Euclid Street, Santa Monica CA 90404
Multi-Family (6 Units)
Property type
143 days
On market
$657
Price per sqft
4 cars
Garage
1949
Year built
7,483 sqft
Lot size
Home highlights
Open Houses
Overview
NOW PRICED AT AN IN PLACE 5.6% CAP RATE! 1427 Euclid Street presents a rare opportunity to acquire a high-performing 6-unit multifamily property in Santa Monica with meaningful ADU and income upside. The property features four detached bungalow units and two units above four garages, creating an exceptional layout for garage-to-ADU conversion. Upon completion of the ADUs, the...
Listing provided by: Adam Kanizo DRE #02008361 818-292-1346, Paloma Realty Partners, Inc., Oliver Fries DRE #01891656 805-259-9638, Paloma Realty Partners, Inc.
Listing updated: May 4, 2026 at 08:47pm.
Last checked: Jun 5, 2026 at 03:30pm
Source: CRMLS #26637121
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 1 | 1 | — | $2,026 | $8,104 | $9,830 | Unfurnished |
| 2 | 2 | 1 | — | $3,577 | $7,155 | $7,590 | Unfurnished |
# of Buildings: 5
# of Units Total: 6
Dishwasher: 6
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
12.4x
List Price / Annual Gross Rent
Cap Rate
5.6%
NOI / List Price
Vacancy Allowance Rate: 3%
Net Operating Income: $127,613
Interior
Cooling: None
Appliances: Dishwasher
Laundry: Common Area
Exterior
Stories Total: 2
Levels: Two
Patio and Porch Features: Enclosed, Front Porch
Garage and Parking
Parking: Assigned, Controlled Entrance, Door Single, Garage
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 4282022020
Zoning: SMR3*
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1427 Euclid Street, Santa Monica, CA 90404. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,820,000
Total Interest
$2,321,310
Total Payment
$4,141,310
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,023
per month
Property History for 1427 Euclid Street
Santa Monica Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90404.
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