
Santa Monica, California 90404
Analysis of 1817 Euclid Street, Santa Monica, California 90404 is currently available with a list price of $2,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1955, the property has undergone a comprehensive contemporary renovation within the last 5 years. The kitchens feature modern shaker and two-tone cabinetry, quartz countertops, and high-end stainless steel appliances. The units are in mint, move-in ready condition with updated flooring, recessed lighting, and modernized exteriors.
With four units delivered vacant and the potential to add up to three ADUs, this property offers substantial rental upside and development flexibility under SB 79 transit zone regulations.
The front three-bedroom unit functions as a private single-family residence with dedicated parking and outdoor space, making it ideal for an owner-occupant seeking a home with supplemental income.
Situated just 13 blocks from the beach and five blocks from the Expo Line, the property provides premier access to Santa Monica’s top amenities, employment hubs, and transit.
One two-bedroom unit remains tenant-occupied, which may restrict immediate renovations or full-site repositioning for investors seeking a completely vacant compound.
Originally constructed in 1955, the property may require ongoing capital expenditures for aging systems and structural maintenance despite recent cosmetic updates to the units.
Coastal Santa Monica Compound: A Rare Value-Add Opportunity. Here's your shot at a true Westside trophy: Live in the front like a true home, with the bonus of income and options right behind you. This five-unit Santa Monica compound is delivered with four of five units vacant, offering the space and privacy of your own home plus the flexibility of a compound. The front owner's unit lives like a true single-family home: three bedrooms, two baths, great size, fully updated, with two separate outdoor entertaining spaces perfect for indoor-outdoor California living, plus dedicated front parking. This is the kind of unit you move into and never want to leave. Behind it, you'll find beautifully updated, contemporary one-bedroom, one-bath units, with some city views, plus a spacious two-bedroom, one-bath unit, all vacant and move-in ready. One additional two-bedroom, one-bath unit is currently tenant-occupied, offering immediate rental income while you plan your next move. And speaking of upside: three separate existing spaces create the potential to add up to three ADUs, unlocking an estimated additional $65K+ per year in income. For an investor or owner-user looking to maximize value, this is about as good as it gets. Location, location, location. You're 13 blocks to the sand, minutes from the shops and restaurants along Pico and Ocean Park, Santa Monica College, neighborhood parks, tennis courts, and sports fields. Hop on the freeway easily, catch the farmers' market, or stroll to Main Street and the 3rd Street Promenade. Venice's Rose Avenue and Abbot Kinney are just south; Wilshire and Montana are just north. UCLA and Providence St. John's Medical Center are both close by. With the Expo Line only about five blocks away, this property falls within the half-mile transit zone eligible for major development under SB 79. This is a rare combination of lifestyle, location, and long-term upside. Opportunities like this move fast. Schedule your showing today
No exterior & parking available.
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| Feature | Subject | Average Home |
|---|---|---|
| Beds | 9.0 | 3.1 |
| Baths | 6.0 | 2.9 |
| Square foot | 5,027 | 1,967.643 |
| Lot Size | 7,488 | 6,981.625 |
| Price | $3.00M | $3.73M |
| Price per sq ft | $596 | $1.7K |
| Built year | 1955 | 1940 |
| HOA | $0 | $0 |
| Days on market | 48 | 58 |
Jul 23, 2026
$2,995,000
Initial Listing
Sep 25, 2003
$670,000
Public Record