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+16263946606
iQsold inc
824 Maple St, Santa Monica, CA 90405
- $2,525,000
- 11
- BD
- 11
- BA
- 6,882
- SqFt
- Sold Price
- $2,525,000
- List Price
- $2,650,000
- Closing Date
- May 07, 2026
- MLS#
- 26650045
- Year Built
- 1973
- Bedrooms
- 11
- Bathrooms
- 11
- Living Sq. Ft
- 6,882
- Lot Size
- 6,594
- Lot Location
- Alley Access
- Days on Market
- 49
- Property Type
- Multifamily
- Style
- Traditional
- Stories
- 2
Property Description
$325,000 Price Reduction!!! The property is fully occupied and currently offered at a 11.58 GRM and 5.87 CAP rate, at CURRENT RENTS! Roque & Mark Co. is pleased to represent this well maintained 6-unit apartment building in the Ocean Park neighborhood of Santa Monica. This property is only 6 blocks to Main St. and 8 blocks to the beach. The front unit is a huge 3 bedroom + 3 baths "Owner's Unit" that is approx. 2,000 sf. It has a private, 4 car oversized attached garage with additional driveway parking. Excellent unit mix consisting of (1) 3 beds + 3 baths, (3) 2 beds + 2 baths, and (2) 1 bed + 1 bath + bonus room. The bonus rooms function like a bedroom, just without a closet. The entire building has upgraded dual paned windows. 5 additional parking spaces located off the alley. Every unit has a reserved parking space. All soft-story retrofitting and balcony inspections have been completed. Several units have been luxuriously upgraded. For investors, this is an opportunity to acquire a solid, well-located coastal multifamily asset with lasting appeal and upside potential in an area known for high barriers to entry and enduring desirability. This is a quiet street despite its close proximity to shops, cafes, and restaurants. Subject to City of Santa Monica rent control.
Additional Information
- Other Buildings
- None
- Heat
- Electric
- Cooling
- None
- View
- City
- Number of Cars in Garage
- Garage - 4+ Car, Garage Is Attached, Carport
- Garage Spaces Total
- 4
- Water
- District
Mortgage Calculator
Courtesy of Roque & Mark Company, Inc., David Schuchman - CA DRE#01472937 Selling Office: .
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