$1.45M
2200 23rd Street, Santa Monica, CA 90405
Quadruplex
Description
Value-add 4plex in Santa Monica offered at only $350k/unit! 2200 23rd St is the perfect opportunity for any value-add investor looking for one of the lowest price/unit 4plex in all of Santa Monica. Once the property is fully stabilized, it will operate at a 6.65% CAP and 11.40 GRM 2200 23rd St is comprised of (4) 1Bed+1Bath units. Each unit features a garage parking spot, as well as a spot for another parking space in front for a total of 8 parking spaces. The subject property is located only minutes away from Third Street Promenade, Santa Monica Airport, Miramar Hotel, and many more developments. With an A+ location and a walk score of 77 (Very Walkable), 2200 23rd St is an ideal spot for any tenant!
Property Details
Lot Size
6,077 sqft
Year Built
1938
Garage
4 car
Stories
1
Price History
Listed
Jan 22, 2024
$1.45M
Sold
Mar 7, 2024
$1.45M
$0
Location
Location Scores
What's Nearby
Restaurants, parks, schools, and more within 3 km. Powered by Google Places.
The Georgian Hotel
1415 Ocean Avenue, Santa Monica
Greenview Thai
11870 Santa Monica Boulevard, Los Angeles
Busby's West
3110 Santa Monica Boulevard, Santa Monica
Wurstküche Restaurant Venice Beach
625 Lincoln Boulevard, Venice
Urth Caffe Santa Monica
2327 Main Street, Santa Monica
The Upper West
3321 Pico Boulevard, Santa Monica
Cafe 50's Diner - West LA
11623 Santa Monica Boulevard, Los Angeles
Fast Taco 11
2901 Ocean Park Boulevard #115, Santa Monica
8 places within 3 km · Google Places
Listed by Cameron Samimi — Lyon Stahl Investment Real Estate, Inc. (MLS# SBSAMICAM)
MLS# SB24013307
Listing data provided by CRMLS (California Regional Multiple Listing Service). Based on information from CRMLS as of 5/20/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Rose District — DRE# 02356332
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Estimated Monthly Payment
$8,952.90
per month
Loan Amount
$1,160,000
Down Payment
$290,000
Total Interest
$1,548,546
Total Cost
$3,223,046
Rose District
Real Estate Team
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$1.45M
2200 23rd Street, Santa Monica, CA 90405