SoldOct 8, 2025

Listed and Bought with John Swartz from Compass

Source: Combined LA Westside Multiple Listing Service, Inc #25551221

231 California Avenue, Santa Monica, CA, 90403

$2,050,000

8
5
4
4426 sq. ft.
5016 sq. ft.

Other

30+ days on the market

Sold: Oct 8, 2025

What's around 231 California Avenue

About this property

231 California Avenue, a rare five-unit multifamily investment located in the prestigious North of Wilshire enclave of Santa Monica-just three blocks from the beach and moments from the vibrant retail and dining along Montana Avenue. Built in 1953, this two-story property spans approximately 4,426 square feet on a 5,016 square-foot lot zoned SMR3*, offering investors a compelling blend of prime location, strong in-place fundamentals, and substantial long-term upside. The building features an attractive unit mix of spacious one- and two-bedroom layouts, including two 1-bed/1 bath units, two 2-bed/1-bath units and one 2-bed/1.5- bath unit which boasts a private outdoor patio. The property includes four on-site parking spaces (two garaged and two tandem), with additional permitted street parking available for residents. Each unit is separately metered for gas and electricity, includes its own water heater, and is supported by a security system. Operating expenses are minimal, limited primarily to water, common area electricity, and trash. Boasting a Walk Score of 89, the location offers residents unparalleled access to Santa Monica's top lifestyle destinations, including the beach, Palisades Park, Third Street Promenade, and the iconic Pier. Easy access to major transit corridors like the 10 Freeway, 405, PCH, and Expo Line ensures convenient connectivity to Downtown LA, Silicon Beach, and LAX. This is a premier opportunity to acquire a turn-key asset in one of Southern California's most supply-constrained and highly desirable coastal submarkets. 1 Unit (2+1) to be delivered vacant

Looking for more information on 231 California Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties sold nearby

SoldSep 25, 2025
$2,550,000
2002 Montana Avenue
Santa Monica CA 90403
8
6
5
Other
Listing courtesy of Sullivan-Dituri Co.Realtors and Integrity Realtors Inc.
SoldAug 5, 2025
$2,950,000
1032 18th Street
Santa Monica CA 90403
8
9
10
Other
Listing courtesy of Compass and Bridge Commercial Real Estate

Other properties sold by Compass

SoldMay 12, 2026
$2,999,500
4532 Calhoun Avenue
Los Angeles CA 91423
5
7
2
Single-Family
Listing courtesy of Compass and Keller Williams Studio City
SoldMay 12, 2026
$999,000
5541 East Mezzanine Way
Long Beach CA 90808
2
2
Single-Family
Listing courtesy of Compass and eXp Realty of California Inc
SoldMay 11, 2026
$1,535,000
20250 Wynfreed Lane
Los Angeles CA 91326
4
4
6
Single-Family
Listing courtesy of Compass and Coldwell Banker Hallmark

Browse properties sold in nearby areas

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 The MLS/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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent