See Home Value
$2,677,428*
Multifamily - Off Market

2618 2nd St

Santa Monica, CA 90405
bedrooms
6 Beds
bathrooms
0 Bath
$2,318,000 - $2,832,000
Reference Base Price*
3.98%
Since Apr 1, 2023
CA-Los Angeles
Primary Model

About This Property

This property is located 2 blocks from the Ocean and just steps from Main St in Downtown Santa Monica. The two-building complex comprises of a 1907 bungalow and a 1928 two-unit building. All three spacious units are two bedrooms, two bathrooms each with private entrances. The bungalow and the two-unit building are walk-up style, situated on a 2,502-square-foot lot. All units have undergone extensive renovations, featuring premium finishes and high-end appliances, including tankless hot water heaters, dishwashers, in-unit washer and dryers, and updated all copper plumbing. The property is located in the desirable Santa Monica area, providing easy access to a wide range of entertainment options, including the beach, shopping, dining, and nightlife.  Street parking is available with permits, and each unit is separately metered for gas and electricity. One unit will be delivered vacant and can be occupied by an owner | user or leased out to a tenant at $4,250 per month bringing the in-place cap rate to 4.44%. A walk score of 98 making the property a walkers paradiseU Easy access to Blue Bottle Coffee, Holey Grail Donuts, Urth Cafe and many other restaurants that are popular on Main StreetU There is plenty of nightlife options as well such as The Victorian, Jameson's Pub and June Shine.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1907

Price History

Date / Event Date Event Price
Mar 26, 2023 No longer available -
No longer available
Feb 1, 2023 Listed $2,575,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
2 Beds
-
-
$2,700,000 May 16, 2022
-
-
Multifamily
11 Beds
-
-
$2,925,000 Oct 14, 2021
-
-
Multifamily
3 Beds
-
-
$2,150,000 Jan 27, 2023
-
-
Land
Loft
-
-
$2,700,000 May 11, 2021
-
-
Commercial
Loft
-
-
$2,700,000 Jan 10, 2023
-
-
House
3 Beds
3 Baths
1,957 ft²
$1,399/ft²
$2,738,000 Nov 28, 2022
-
-
House
4 Beds
2 Baths
2,161 ft²
$1,108/ft²
$2,395,000 Jan 3, 2023
-
-
Condo
2 Beds
2.5 Baths
1,755 ft²
$1,624/ft²
$2,850,000 Aug 5, 2022
-
$1,728/mo
Condo
3 Beds
3.5 Baths
2,300 ft²
$1,283/ft²
$2,950,000 Dec 8, 2022
-
$1,375/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

2618 2nd Street 2618 2nd Street, Santa Monica, CA 90405
  • 1 Unit for Sale
More about this Building
2618 2nd Street
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