$3,799,000
-$300,0002709 Santa Monica Boulevard, Santa Monica CA 90404
Multi-Family (6 Units)
Property type
113 days
On market
$865
Price per sqft
2 cars
Garage
1946
Year built
7,522 sqft
Lot size
Home highlights
Open Houses
Overview
Introducing a rare and unique mixed-use investment opportunity in Santa Monica. 2709 Santa Monica features two front units, and one middle bakery all currently leased on a month-to-month basis, providing a buyer with immediate flexibility to re-tenant, reposition, or adjust rents toward market levels while recapturing the operating expenses via a NNN lease structure. The...
Listing provided by: Dennis Adelpour DRE #01773733 424-245-5763, Berkshire Hathaway HomeServices California Properties, Fred Nabati DRE #01276914 310-954-0808, Trimax Realty, Inc.
Listing updated: May 28, 2026 at 12:32am.
Last checked: Jun 5, 2026 at 03:30am
Source: CRMLS #26651121
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $0 | $0 | $2,375 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $0 | $2,700 | Unfurnished |
| 1 | 2 | 1 | — | $0 | $0 | $2,715 | Unfurnished |
| 1 | 0 | 1 | — | $4,000 | $4,000 | $6,273 | Unfurnished |
| 1 | 0 | 1 | — | $2,450 | $2,450 | $2,715 | Unfurnished |
| 1 | 0 | 1 | — | $2,387 | $2,387 | $2,715 | Unfurnished |
# of Buildings: 3
# of Units Total: 6
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
13.5x
List Price / Annual Gross Rent
Cap Rate
5.14%
NOI / List Price
Vacancy Allowance Rate: 3%
Net Operating Income: $195,101
Interior
Heating: Wall Furnace
Fireplace: None
Exterior
Property Attached: Yes
Stories Total: 2
Levels: One, Two
Common Walls: One Common Wall
Direction Faces: South
Security Features: Carbon Monoxide Detectors, Gated Community, Smoke Detectors
Pool: None
Spa: None
View: None
Garage and Parking
Parking: Driveway, Garage, Tandem
Garage Spaces: 2
Garage: Attached
Uncovered Spaces: 5
Parking Total: 7
Lot Information
Land Lease: No
Parcel #: 4267009022
Additional Parcels: No
Zoning: SMC4*
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 2709 Santa Monica Boulevard, Santa Monica, CA 90404. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,039,200
Total Interest
$3,876,332
Total Payment
$6,915,532
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$23,317
per month
Property History for 2709 Santa Monica Boulevard
Santa Monica Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90404.
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