1833 19th, Santa Monica, California 90404, Santa Monica, 90404 - 0 bed, 0 bath
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Santa Monica, California 90404
Analysis of 1833 19th, Santa Monica, California 90404 is currently available with a list price of $4,000,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
Although originally built in 1924, the property exhibits a significantly modernized exterior with updated black-frame windows, contemporary stucco, and drought-tolerant landscaping, suggesting a major renovation within the last 5-15 years. The 'reposition' mention indicates interiors may be dated and require cosmetic updates to achieve market rents, but the asset appears well-maintained and move-in ready for tenants.
Situated just one block from Santa Monica College, the property benefits from high rental demand from students and faculty, as well as proximity to Westside employment hubs and the beach.
The asset presents a rare opportunity for investors to reposition the property and capture substantial rental upside by bringing units to current market rates in a high-demand submarket.
The property features a versatile mix including a large four-bedroom house and smaller units, complemented by high-demand amenities like in-unit laundry, private yards, and on-site parking.
Built in 1924, the century-old structures likely require significant capital expenditure for system upgrades, modernization, and ongoing maintenance to remain competitive.
Operating in Santa Monica involves navigating some of the nation's most stringent rent control ordinances, which can limit the speed of income growth and increase management complexity.
Marcus & Millichap is pleased to present the opportunity to acquire 1833 19th Street, a five-unit apartment property in an outstanding Santa Monica rental location. Rare opportunity in this submarket for a new investor to reposition the asset and lease up at market rates. The property comprises two buildings and features a strong unit mix consisting of a spacious four-bedroom/three-bathroom house, three two-bedroom/one-bathroom units, and one one-bedroom/one-bathroom unit. The asset’s amenities package supports rental demand: private patio and yard space, in-unit laundry, and on-site parking. Ideally located just one block from Santa Monica College, the property benefits from consistent rental demand generated by students, faculty, and tenants seeking convenient access to employment centers throughout the Westside and the Westside lifestyle. Residents enjoy quick access to the beach and the renowned dining, shopping, and entertainment destinations that make Santa Monica one of Southern California’s most popular rental markets. With an outstanding current return and an exceptional location, 1833 19th Street represents a can’t-miss investment opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 5,374 | 9,962 |
| Lot Size | 7,995 | 7,512 |
| Price | $4.00M | $3.90M |
| Price per sq ft | $744 | $391 |
| Built year | 1924 | 1970 |
| HOA | $0 | $0 |
| Days on market | 2 | 116 |
Jul 20, 2026
$4,000,000
Initial Listing