$7,495,000
153 W Channel Road, Santa Monica CA 90402
Multi-Family (9 Units)
Property type
140 days
On market
$2,776
Price per sqft
N/A
Garage
1960
Year built
17,136 sqft
Lot size
Home highlights
Open Houses
Overview
Rare development opportunity located in the Santa Monica Canyon located 1/5 Block from the Beach. Property is situated between W Channel Rd and backs onto Chautauqua Blvd.17,136 sq ft total lot size comprised of 4 separate parcels currently with two 4 unit buildings, 1 Single Family house and 1 vacant lot. All parcels are to be sold concurrently together. Santa Monica mailing...
Listing provided by: James Allan DRE #01180635 310-704-0007, Compass
Listing updated: Apr 21, 2026 at 06:34pm.
Last checked: Jun 4, 2026 at 08:01pm
Source: CRMLS #26638663
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $3,750 | $3,750 | $3,750 | Unfurnished |
| 1 | 1 | 1 | — | $2,211 | $2,211 | $3,500 | Unfurnished |
| 1 | 1 | 1 | — | $3,750 | $3,750 | $3,750 | Unfurnished |
| 1 | 1 | 1 | — | $3,500 | $3,500 | $3,500 | Furnished |
| 1 | 1 | 1 | — | $3,500 | $3,500 | $3,500 | Unfurnished |
| 1 | 1 | 1 | — | $3,500 | $3,500 | $3,500 | Unfurnished |
| 1 | 1 | 1 | — | $2,433 | $2,433 | $3,750 | Unfurnished |
| 1 | 1 | 1 | — | $3,500 | $3,500 | $3,500 | Unfurnished |
| 1 | 3 | 2 | — | $8,000 | $8,000 | $8,000 | Unfurnished |
# of Buildings: 3
# of Units Total: 9
Dishwasher: 9
Financial Snapshot
Gross Rent Multiplier
19.0x
List Price / Annual Gross Rent
Cap Rate
3.65%
NOI / List Price
Net Operating Income: $274,110
Annual Operating Expenses
New Taxes: $99,937
Other Expense: $19,200
Interior
Heating: Wall Furnace
Appliances: Dishwasher, Microwave
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Multi Split
Common Walls: One Common Wall
Garage and Parking
Parking: Assigned, Driveway
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 4410012028
Zoning: LAC2
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 153 W Channel Road, Santa Monica, CA 90402. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$5,996,000
Total Interest
$7,647,568
Total Payment
$13,643,568
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$45,856
per month
Property History for 153 W Channel Road
Santa Monica Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90402.
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