2801 Virginia, Santa Monica, California 90404, Santa Monica, 90404 - bed, bath
2801 Virginia
Santa Monica, California 90404
Property Price
SUMMARY
Analysis of 2801 Virginia, Santa Monica, California 90404 is currently available with a list price of $1,649,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1948, this triplex has received recent cosmetic updates including new laminate flooring, new carpet, and fresh interior paint. While some bathrooms are described as updated, the kitchens and overall infrastructure appear dated, and the property is being sold 'as-is.' It meets the 'fair' criteria as an aged property that has been maintained with occasional updates but lacks the extensive system-wide renovations required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Santa Monica Location
Situated in a highly coveted neighborhood with excellent walkability to the Metro, this property ensures high tenant demand and long-term capital appreciation.
- Significant Value-Add Potential
The existing three-car garage offers a clear opportunity for conversion into a fourth unit or ADU, providing a strategic path to increase rental income and overall property value.
- Versatile Unit Mix
The triplex features a diverse composition of one and two-bedroom units with recent cosmetic updates, including new flooring and paint, appealing to a wide range of renters.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in its current state, which may necessitate immediate capital expenditure for repairs or modernization that the seller will not address.
- Aging Infrastructure
Originally constructed in 1948, the property likely requires updates to major systems such as plumbing and electrical to meet contemporary building codes and efficiency standards.
About 2801 Virginia
Prime Santa Monica Location! Don't miss out on this fantastic opportunity to own a multi-family property in the coveted Santa Monica area! This spacious Triplex features 3 different addresses. 2801 Virginia features a 2 bedroom 1 bath, a large living room and dining space. New Laminate flooring, New Carpet flooring in the bedrooms, Updated bathroom along with a fresh coat of paint throughout. 1925 Stuart is also a 2 bedroom 1 bath with a large living room. 1929 Stuart is a 1 bedroom 1 bath good size living room, dining space and updated bathroom. 3 Car garage with potential of making it a 4rth Unit. (Buyer to verify with City of Santa Monica) 2 additional parking spaces. A separate room that used to be the laundry area. This property is being sold as-is, making it an ideal investment opportunity whether you're an investor, developer, or owner-user, the possibilities here are truly exceptional. Call to schedule a showing. Prospective buyers are encouraged to conduct their own due diligence and confirm all details with the City of Santa Monica. Short walk to the Metro…
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1948
- Lot Size
- 6,752 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 | 2,187 | 2,093 | 50% |
| Lot Size | 6,752 | 7,196 | 25% |
| Price | $1.65M | $1.58M | 50% |
| Price per sq ft | $754 | $753 | 50% |
| Built year | 1948 | 1948 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 120 | 25% |
Pricing History
Listed for Sale
Jan 23, 2026
$1,649,900
Initial Listing