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  • 1427 Euclid Street

1427 Euclid Street, Santa Monica, CA 90404

$2,275,000 Approx. USD 0 beds, 8 baths
3,462 sqft

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Davina O'Donnell REALTOR® - Sales Associate 310-702-3563 m
818-380-2111 o
Lic#: 01000976
NRDS ID: 207058701
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Lic#: 01000976
NRDS ID: 207058701
davinaodonnell@bhhscal.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
 Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Listing Agent


Adam Kanizo | ak@palomarealtypartners.com
Lic#: 02008361
Broker: Courtesy of Paloma Realty Partners, Inc.
Phone: 818-292-1346

Co Listing Agent


Oliver Fries | oliver@palomarealtypartners.com
Lic#: 01891656
Broker: Courtesy of Paloma Realty Partners, Inc.
Phone: 805-259-9638

Agent Remarks

NOW PRICED AT AN IN PLACE 5.6% CAP RATE! 1427 Euclid Street presents a rare opportunity to acquire a high-performing 6-unit multifamily property in Santa Monica with meaningful ADU and income upside. The property features four detached bungalow units and two units above four garages, creating an exceptional layout for garage-to-ADU conversion. Upon completion of the ADUs, the property is projected to achieve an in-place 7.4% cap rate without factoring in any rent increases or unit upgrades. One of the garages is already generating $400 per month as a rented storage unit. The sellers have recently completed foundation upgrades, providing investors with confidence in the building's structural integrity and long-term durability.Located on a 7,483 SF R3-zoned lot, the property offers spacious units, strong existing cash flow, and multiple value-add pathways, including both ADU development and future rent growth. Situated just off Santa Monica Boulevard, residents enjoy excellent walkability and connectivity to major employers, retail, transit, and the beach, with convenient access to both freeways and Metro lines.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26637121
List price is $2,275,000 Reduced by $50,000 on 5/4/2026
Price: $2,275,000
Beds: 0
Baths: 8
Built in 1949
3,462 sqft
2 stories
0.17 acres
Lot size: 0.1718
County: Los Angeles
Zoning: SMR3*
Appliances: Dishwasher
Parking description: Assigned,Controlled Entrance,Door-Single,Garage
Heating/cooling: None
MLS area: C14 - Santa Monica

Last Updated: 6/11/2026

 Days On Market (DOM): 192

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This listing belongs to the C14 - Santa Monica MLS area

Lat/Long: 34.022916, -118.485642.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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