$3,750,000
-$249,999643 Pacific Street, Santa Monica CA 90405
Multi-Family (4 Units)
Property type
91 days
On market
$800
Price per sqft
2 cars
Garage
1961
Year built
5,878 sqft
Lot size
Home highlights
Open Houses
Overview
A rare and remarkable opportunity to own a fully vacant four-unit property in the heart of Santa Monica, offering immediate flexibility and exceptional income potential in one of Southern California's most desirable coastal markets. Whether you're an investor seeking strong returns, a visionary looking to reposition an asset, or someone dreaming of creating a...
Listing provided by: James Scott Suarez DRE #01433992 424-425-3775, Real Broker
Listing updated: Jun 9, 2026 at 05:23am.
Last checked: Jun 14, 2026 at 06:30am
Source: CRMLS #26652363
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $0 | $0 | $3,850 | Unfurnished |
| 1 | 2 | 1 | — | $0 | $0 | $3,850 | Unfurnished |
| 1 | 4 | 2 | — | $0 | $0 | $5,795 | Unfurnished |
| 1 | 4 | 2 | — | $0 | $0 | $6,195 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Dishwasher: 4
Disposal: 4
Ranges: 4
Refrigerator: 4
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
16.1x
List Price / Annual Gross Rent
Cap Rate
4.27%
NOI / List Price
Net Operating Income: $170,544
Annual Operating Expenses
Gardener: $1,050
Insurance: $8,513
Maintenance: $2,635
New Taxes: $49,938
Interior
Room Type: Family Room
Flooring: Laminate, Tile
Heating: Wall Furnace
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
Laundry: Laundry Room, Outside
Exterior
Architectural Style: Mid Century Modern
Stories Total: 2
Levels: Two
Pool: None
Spa: None
View: City Lights, Mountains
Garage and Parking
Parking: Door Multi, Driveway, Garage
Garage Spaces: 2
Uncovered Spaces: 3
Parking Total: 5
Lot Information
Land Lease: No
Parcel #: 4289005009
Zoning: SMOP2*
Community
HOA: No
Senior Community: No