$6,799,000
-$200,0002216 Main Street 8 Units, Santa Monica CA 90405
Multi-Family (8 Units)
Property type
29 days
On market
$484
Price per sqft
N/A
Garage
2007
Year built
5,210 sqft
Lot size
Home highlights
Open Houses
Overview
2216 Main Street presents a rare opportunity to own a premier 8-unit mixed-use property just one block from the beach in the heart of Santa Monica. Perfectly positioned near popular shops, restaurants, and cafes, this property combines lifestyle appeal with strong investment potential in one of Los Angeles' most desirable neighborhoods. The building features seven residential...
Listing provided by: Lee Johnson DRE #01259992 310-892-2244, Berkshire Hathaway HomeServices California Properties
Listing updated: Jun 3, 2026 at 06:48pm.
Last checked: Jun 3, 2026 at 07:30pm
Source: CRMLS #26831251
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $13,500 | $12,500 | $13,500 | Unfurnished |
| 6 | 1 | 1 | — | $4,750 | $22,500 | $27,000 | Unfurnished |
| 1 | 0 | 1 | — | $3,500 | $2,416 | $3,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Dishwasher: 8
Disposal: 8
Refrigerator: 8
Tenant Pays: Cable Tv, Electricity, Gas, Insurance, Water
Financial Snapshot
Gross Rent Multiplier
11.9x
List Price / Annual Gross Rent
Cap Rate
6.22%
NOI / List Price
Net Operating Income: $422,732
Interior
Cooling: Central Air
Heating: Central
Appliances: Barbecue, Dishwasher, Disposal, Microwave, Refrigerator
Exterior
Stories Total: 3
Levels: Three Or More, Multi Split
Garage and Parking
Parking: Covered, Underground, Garage, Gated, Tandem
Garage: Attached
Parking Total: 16
Lot Information
Land Lease: No
Parcel #: 4289022017
Zoning: SMCM3*
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 2216 Main Street 8 Units, Santa Monica, CA 90405. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$5,439,200
Total Interest
$6,937,400
Total Payment
$12,376,600
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$41,612
per month
Property History for 2216 Main Street 8 Units
Santa Monica Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90405.
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