2117 Stewart Street, Santa Monica, California 90404, Santa Monica, 90404 - bed, bath

2117 Stewart Street
Santa Monica, California 90404
Property Price
SUMMARY
Analysis of 2117 Stewart Street, Santa Monica, California 90404 is currently available with a list price of $1,965,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1941 quadruplex has undergone extensive recent renovations in three of its four units, featuring modern kitchens with stainless steel appliances, shaker cabinetry, and quartz countertops, along with remodeled bathrooms and new flooring. While the property retains its vintage 1940s infrastructure and one unit remains in original or older condition, the majority of the living spaces are move-in ready with contemporary finishes and updated fixtures.
PROSSTRENGTHS & OPPORTUNITIES
- High Income Potential
This quadruplex features separately metered utilities and a 2-bedroom main unit, offering flexible owner-user or investment options with additional revenue potential from ADU conversion or garage rentals.
- Modernized Units
Three of the four units have undergone extensive updates, including new flooring, stainless steel appliances, and remodeled bathrooms, minimizing immediate capital expenditure for the new owner.
- Strategic Development Zoning
Situated on a triple corner lot with SMR2 zoning, the property provides significant long-term value through potential expansion or redevelopment in a prime Santa Monica location.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Originally constructed in 1941, the property may require ongoing maintenance or upgrades to aging core systems that were not included in the recent cosmetic renovations.
- Inconsistent Unit Condition
With only three units updated, the remaining unit likely requires further investment to reach its full rental potential and ensure consistency across the entire income property.
About 2117 Stewart Street
Whether you're looking for your next savvy investment or want to make the most out of your purchase, don't pass up this incredible opportunity in Santa Monica! Situated with easy access to major freeways, the property is just half a mile from Virginia Ave Park and a quick three-mile trip to the iconic Santa Monica Pier. This prime location combines the charm of a quiet neighborhood with the convenience of proximity to the city's vibrant lifestyle offerings. Along a tree-lined street in a prime location, this excellent property features (4) units, each separately metered for gas and electric. Discover (3) units, 1-bedroom, 1-bath layouts on the main level and (1) large unit, 2-bedroom, 1-bath upstairs. The optimal design allows you to secure a quadruple income or live in one while renting the others. Find extensive updates across 3 units, including freshly painted walls, newly installed flooring, stainless steel appliances, and revamped fixtures. You'll also have remodeled baths, along with access to private patios overlooking the lush landscaping and mature fruit trees. Convenience is yours with in-unit laundry hookups available. Plus, the 5,600 sq ft property accommodates 4-car garages, an additional 1 parking space, and off-street parking for an additional vehicle. With SMR2 zoning on a triple corner lot, you'll have plenty of room for expansion or redevelopment options. As a premium bonus, two-car garages occupied by the owner can be added to the units' income, along with potential income from an ADU or from renting the additional garages. Limitless possibilities await you in this rare gem that surely won't last long. So, what are you waiting for?
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1941
- Lot Size
- 5,589 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,544 | 2,271.5 | 50% |
| Lot Size | 5,589 | 7,196 | 25% |
| Price | $1.97M | $1.64M | 75% |
| Price per sq ft | $772 | $754 | 75% |
| Built year | 1941 | 1948 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 120 | 25% |
Pricing History
Listed for Sale
Feb 28, 2026
$1,965,000
Initial Listing
Sold
Feb 1, 2018
$1,749,000
Public Record
Sold
Apr 5, 2017
$1,500,000
Public Record

























