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Jacinta Martinez

jacintamartinezrealtor@gmail.com +1(678) 656-0167

$ 2,900,000

Est. payment -/mo

Save

Price Dropped by $295K

2820 3rd St Santa Monica, CA 90405

12 Beds

12 Baths

4,636 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,636 sqft

Price per Sqft $625

MLS Listing ID 25505533

Bedrooms 12

Year Built 1962

Lot Size 5,369 Sqft

Acres 0.1233

Property Sub-Type Multi-Family

Property Description

PRICE REDUCED $300K. See Docs Section for OM. The Highlight Group of Equity Union as the exclusive listing agent is pleased to present the opportunity to acquire 2820 3rd St., a six (6) unit apartment property built in 1962. The property is located one parcel north of the corner of Ashland Ave. and 3rd Street, one block east of retail, dining and entertainment on Main Street and three blocks from the Ocean, in a prime part of Santa Monica. Property Description: 2820 3rd St., is a six (6) unit apartment property consisting of one two-story building, constructed of wood frame and stucco in 1962. The unit mix boasts all large 2bed+2bath units. The property totals 4,636 building square feet that sits on a 5,369 square foot lot. PROPERTY DETAILS: The property features all spacious two-bedroom, two-bathroom units of which most have some level of recent renovation. Both bathrooms are inside the bedrooms, a unique dual master bedroom feature making the units ideal for families or roommates. Each unit also features open kitchens and large living areas. Select units boast floor-to-ceiling windows and hardwood flooring throughout, providing an upscale aesthetic. The bottom unit facing 3rd St. enjoys the added benefit of a large, private, fenced-off outdoor patio, an attractive and rare feature for tenants seeking outdoor space. All units are separately metered for electricity and gas and the landlord pays for tenant water/sewer and trash. Parking is provided on site with seven (7) spaces, with some covered by a tuck-under carport. Tenants also have access to six (6) storage lockers in the parking area and laundry is provided on-site in a separate laundry room. Investors may also want to explore the possibility of ADU conversion for the tuck under parking area. Based on retrofit work that was completed by a prior owner back in 1997, the City of Santa Monica has approved the property as in compliance for the soft-story retrofit requirement.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMOP2*

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Garage Spaces 7.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Equity Union

Jacinta Martinez

Agent | License ID: 406100

+1(678) 656-0167

Jacinta Martinez

2820 3rd St Santa Monica, CA 90405

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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2820 3rd St