$2,295,000
1937 17th Street, Santa Monica CA 90404
Multi-Family (6 Units)
Property type
277 days
On market
$474
Price per sqft
2 cars
Garage
1948
Year built
7,748 sqft
Lot size
Open Houses
Overview
Property consists of two separate structures, a double-car garage plus eight open parking spaces serviced by a rear alley. The front building has five units including one 3 BD/1 & 1/2 BA unit and four 2BD/1BA units. The rear building is a 2 BD/1 BA single family house. Great rent income upside on tenant turnover.
Listing provided by: Ante Trinidad DRE #00704267 818-956-7001, Stevenson Real Estate Services
Listing updated: Sep 23, 2025 at 12:08am.
Last checked: Jun 14, 2026 at 08:00am
Source: CRMLS #GD25216357
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 13 | 7 | — | $161,748 | $161,748 | $161,748 | Unfurnished |
# of Buildings: 2
# of Units Total: 6
Separate Electric Meters: 6
Separate Gas Meters: 6
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
14.2x
List Price / Annual Gross Rent
Cap Rate
4.93%
NOI / List Price
Gross Scheduled Income: $161,748
Operating Expense: $48,524
Net Operating Income: $113,223
Annual Operating Expenses
Insurance: $4,500
Professional Management: $0
Trash: $0
Water / Sewer: $5,524
Interior
Cooling: None
Heating: Wall Furnace
Fireplace: None
Laundry: None
Entry Location: Street Level
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Street Level
Pool: None
Water Source: Public
Sewer: Sewer Tap Paid
Garage and Parking
Garage Spaces: 2
Uncovered Spaces: 6
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 4274014019
Additional Parcels: No
Tax Lot: 16
Zoning: SMR2*
Community
Senior Community: No
Community Features: Urban