$3,095,000
1916 1930 Arizona, Santa Monica CA 90404
Multi-Family (9 Units)
Property type
25 days
On market
$516
Price per sqft
5 cars
Garage
1946
Year built
7,497 sqft
Lot size
Open Houses
Overview
This 9 unit apartment building consists of 3 buildings on one lot with a 4 plex of 1BRs, a townhouse duplex with 2BRs and 3 studios above 5 garages. It is conveniently located in central Santa Monica on a desirable corner lot at 20th St and Arizona Ave. Less than a 10 minute walk from markets, restaurants and public transportation along the Wilshire Blvd corridor....
Listing provided by: William Schebeck DRE #01872195 818-757-4567, Gold Star Realty
Listing updated: Jun 12, 2026 at 05:19pm.
Last checked: Jun 12, 2026 at 06:00pm
Source: CRMLS #SR26111032
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 2 | 0 | — | $2,665 | $2,665 | $3,850 | Unfurnished |
| 4 | 1 | 0 | — | $3,018 | $3,018 | $3,850 | Unfurnished |
| 3 | 0 | 0 | — | $2,200 | $2,200 | $2,400 | Unfurnished |
# of Buildings: 3
# of Units Total: 9
Separate Electric Meters: 9
Separate Gas Meters: 9
Separate Water Meters: 0
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
12.6x
List Price / Annual Gross Rent
Cap Rate
4.46%
NOI / List Price
Gross Scheduled Income: $246,254
Vacancy Allowance: $7,387
Vacancy Allowance Rate: 3%
Operating Expense: $80,543
Net Operating Income: $158,543
Annual Operating Expenses
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Fireplace: None
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Level, Rectangular Lot
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned, Other
Garage Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 4276028001
Additional Parcels: No
Tax Lot: 130
Tax Block: 130
Community
Senior Community: No
Community Features: Street Lights, Sidewalks