818-380-2111

1937 17th Street, Santa Monica, CA 90404

$2,250,000 Approx. USD 13 beds, 7 baths
4,840 sqft

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Marketed By Nesting L.A. Group

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Photo of Davina O'Donnell

Marketed By Davina O'Donnell REALTOR® - Sales Associate 310-702-3563 m
818-380-2111 o
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

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Listing Agent

William James | will@lyonstahl.com
Lic#: 01734419
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 310-600-9858

Co Listing Agent

Peter James | peter@lyonstahl.com
Lic#: 01748556
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 310-467-7581

Agent Remarks

The subject property is a six-unit residential income asset located at 1937 17th Street in central Santa Monica. Built in 1948 and zoned SMR2, the asset consists of (1) 3-Bedroom / 1.5-Bath unit and (5) 2-Bedroom / 1-Bath units, including a detached 2 Bedroom / 1-Bath home located towards the rear of the property, totaling 4,840 rentable square feet on a 7,746 SF lot. The property will be delivered with three vacant units at the close of escrow. Currently two units are vacant with a third unit becoming vacant at the end of August. Recent upgrades include a new roof and updated electrical systems. Tenant parking is on-site with 8 uncovered individual spaces and a 2 car garage located at the front of the property. The property delivers strong in-place cash flow at a 5.00% cap rate, with meaningful embedded upside as rents are brought to market. Potential ADU can be built as a garage conversion, buyer to verify. Positioned in Prime Santa Monica, the property sits within one block of Santa Monica College, and a short commute to Whole Foods, the Pico corridor retail, and the Bergamot Expo Line station, giving tenants a direct rail link to Downtown Santa Monica, Century City, and Downtown Los Angeles. The Santa Monica beach and pier are minutes to the west. Santa Monica remains a supply-constrained, high-demand rental market with deep renter demand from the Silicon Beach tech corridor and the long-term durability that defines Westside multifamily.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26862705

Price: $2,250,000

Beds: 13

Baths: 7

None fireplaces

Built in 1948

4,840 sqft

0.18 acres

Lot size: 0.1779

County: Los Angeles

Property style: Mid-Century Modern

Zoning: SMR2*

Appliances: Dishwasher,Disposal,Gas Oven,Range,Refrigerator,Range Hood

Parking description: Assigned,Door-Multi,Driveway,Garage,Uncovered

Lot description: Rectangular Lot

Heating/cooling: Wall/Window Unit(s)

Heating description: Wall Furnace

MLS area: C14 - Santa Monica

Last Updated: 7/23/2026

Days On Market (DOM): 1

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This listing belongs to the C14 - Santa Monica MLS area

The style of this listing is Mid-Century Modern.
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Lat/Long: 34.019054, -118.473756.
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Source: CRM. Also Available in GD24082321,

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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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