Price Reduced Listing
$2,395,000
 $12,857 est/mo Sourced by Back At You

1252 23rd Street,Santa Monica, CA 90404

Santa Monica, CA 90404

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Description

Owner-user income-property alternative to condominium ownership. This four-unit Santa Monica property includes a tenant-occupied front 3-bedroom townhouse and a vacant upper-level 3-bedroom residence - an uncommon opportunity for immediate owner occupancy with rental income from the balance of the property. At approximately $478/SF for the building, buyers should compare the total ownership economics with nearby condominium options, including usable space, rental income, operating costs, financing, and applicable rent regulations. Enjoy a central location approximately one-half block from Trader Joe's, Whole Foods, New York Bagel, O'Brien's Irish Pub, and everyday neighborhood conveniences. Buyer to independently verify all information, rents, expenses, square footage, zoning, permits, condition, financing availability, and tax implications.

Details

MLS #26875531
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1965
Days On Site62
Listing Provided ByWellman Realty Co. | Wes Wellman

Features

Bed(s)10
Bath(s)8
SQ Feet5,428
Car PortYes
Story(s)2
Units4
Building(s)1
ZoningSMR2*
Acreage0.12

Interior

CoolingNone
Cooling Yes / NoNo

Parking

Parking FeaturesCarport, Private

Area Information

StateCA
CountyLos Angeles
CitySanta Monica
Zip Code90404
AreaC14 Santa Monica
Listing VS Median (in 90404)
Price:
$2,395,000
low | high
Med:
$899,000
100% of Average
sqft:
5,428
low | high
Med:
1,356
100% of Average
$ / sqft:
$441
low | high
Med:
$663
2% of Average
On site:
62
low | high
Med:
172
36.046511627907% of Average
Sourced by Back At You

Market Activity 90404

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Learn More About This Property

Allen Lane

Allen Lane

Desert Lifestyle Properties

01952730 (760) 408-2963realtor.allenlane@gmail.com
StateCA
CountyLos Angeles
CitySanta Monica
Zip Code90404
AreaC14 Santa Monica
Listing VS Median (in 90404)
Price:
$2,395,000
low | high
Med:
$899,000
100% of Average
sqft:
5,428
low | high
Med:
1,356
100% of Average
$ / sqft:
$441
low | high
Med:
$663
2% of Average
On site:
62
low | high
Med:
172
36.046511627907% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.796M - $2.993M
sqft: 4,000 - 6,500
Nearby Listings Property ImageNearby Listings Details
1411 Cloverfield Boulevard Property Photo 1
$2,895,000
1411 Cloverfield Boulevard
Santa Monica, CA 90404
Listing Updated: October 14, 2026 at 5:17:54 PM PDT

Specialty Areas

Real Estate

Allen Lane
200 N Sunrise Way Ste.B
Palm Springs, CA 92262
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.
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