1147 24th Street
Santa Monica, CA 90403
Listing broker / agent: Rodeo Realty · Christina Fetterolf · CRMLS
MLS # 26996179 · Last checked Oct 22, 2026 00:36 UTC
About this property
Set in one of Santa Monica's most coveted residential neighborhoods, just moments from the beach and the iconic Santa Monica Pier, this four-unit property presents an exceptional opportunity for investors and owner-users alike. The property features two studio residences with full bathrooms on the lower level and two 1-bedroom/1-bath residences on the upper level, creating a versatile unit mix with strong existing income and additional upside potential. Three residences are currently tenant occupied, while one of the upstairs 1-bedroom/1-bath units is intentionally being held vacant, creating an ideal opportunity for an owner-user to move in or for an investor to place a new tenant at market rent.The property features various updates, a beautiful shared outdoor area and four individual private garages, offering additional income potential of up to $295 per month each. Each of the four units has its own individual address and separate APN, creating the potential for future flexibility, including the possibility of individual unit sales, subject to applicable requirements and buyer investigation and due diligence. That's just $548,750 PER UNIT. NEAR THE BEACH! --- No HOA has currently been established, offering another unique aspect of the property and potential flexibility for a future owner, subject to applicable requirements and restrictions.Whether you're looking to diversify your investment portfolio or become an owner-investor by living in one residence while generating rental income from the others to help offset your mortgage, this property offers tremendous versatility. Financing opportunities may include zero-down programs for qualified buyers, as well as FHA 203(k) renovation financing, subject to borrower, lender and property eligibility.An incredible opportunity to build equity, generate income and own a uniquely structured multi-unit property in one of Southern California's most desirable coastal communities close to Santa Monica's renowned beaches, dining, shopping, entertainment and quintessential Westside lifestyle.
Property details
- MLS number
- 26996179
- Status
- Active
- Type
- Residential Income
- Beds / baths
- 2 Beds • 4 Baths
- Living area
- 1,469 (area; units unconfirmed)
- Lot size
- 0.1426 acres
- County
- Los Angeles
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 14
Building
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Living area source
- Other
Bathrooms
- Full bathrooms
- 0
- Half bathrooms
- 0
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 0
Rooms & interior
- Appliances
- Disposal, Microwave, Refrigerator, Dryer, Washer
- Interior features
- Ceiling Fans
- Heating
- Electric
Exterior & parking
- Total parking spaces
- 4
- Garage spaces
- 4
- Parking
- Assigned, Garage
- Attached garage
- Yes
- Lot size source
- Other
Fees & lease terms
- Association
- No
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| McKinley Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica | Not reported | 0.3 mi |
| Franklin Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica | Not reported | 0.4 mi |
| Lincoln Middle (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica | 6–8 | 0.7 mi |
| Edison Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica | Not reported | 1.1 mi |
| Brentwood Science (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 1.2 mi |
| Brockton Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 1.2 mi |
| Roosevelt Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica | K–5 | 1.3 mi |
| University High School Charter (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 1.3 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $2,195,000
- MLS-reported original asking price
- $2,195,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 6, 2026 02:47 | $2,195,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Santa Monica
Active residential homes for sale in Santa Monica, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
31 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 01:05 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗