$2,695,000
-$300,000947 17th Street, Santa Monica CA 90403
Multi-Family (6 Units)
Property type
32 days
On market
$651
Price per sqft
5 cars
Garage
1950
Year built
7,526 sqft
Lot size
Home highlights
Open Houses
Overview
Charming 6-unit property with expansive grounds and five covered parking spaces. Each unit has been tastefully updated, blending vintage charm with modern conveniences like dishwashers in most units. All units are at market rent, and the building features shared laundry. With strong financials and excellent income potential, this well-maintained Santa Monica gem is primed for...
Listing provided by: Esther Hickman DRE #01993403 310-600-7306, Compass, Edward Wynn DRE #02224242 571-275-8889, Compass
Listing updated: May 22, 2026 at 10:18pm.
Last checked: Jun 3, 2026 at 10:00am
Source: CRMLS #26828737
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,913 | $2,913 | $2,995 | Unfurnished |
| 2 | 2 | 1 | — | $2,984 | $2,984 | $2,995 | Unfurnished |
| 3 | 1 | 1 | — | $2,643 | $2,643 | $2,850 | Unfurnished |
| 4 | 1 | 1 | — | $2,846 | $2,846 | $2,850 | Unfurnished |
| 5 | 1 | 1 | — | $2,450 | $2,450 | $2,500 | Unfurnished |
| 6 | 1 | 1 | — | $2,400 | $2,400 | $2,500 | Unfurnished |
# of Buildings: 2
# of Units Total: 6
Dishwasher: 6
Refrigerator: 6
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
13.5x
List Price / Annual Gross Rent
Cap Rate
5.34%
NOI / List Price
Net Operating Income: $140,063
Interior
Interior Features: Ceiling Fans
Cooling: None
Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Garage and Parking
Garage Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Parcel #: 4277009023
Zoning: SMR2*
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 947 17th Street, Santa Monica, CA 90403. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,156,000
Total Interest
$2,749,859
Total Payment
$4,905,859
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$16,585
per month
Property History for 947 17th Street
Santa Monica Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90403.
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