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For sale
  • $9,999,000

    2032 Delaware Ave #F320A52C6, Santa Monica, CA 90404

    40beds
    32baths
    24,494sqft
    : 
    Multi Family
    Built in 1948
    -- sqft lot
    $-- Zestimate®
    $408/sqft
    $-- HOA

    What's special

    Wood-frame constructionMature landscapingTwo parking structuresOpen and spacious layoutLow site coverageOn-site laundry facilities
    2032-2106 Delaware Avenue is a two-story, wood-frame construction apartment building consisting of 30 total units, supported by two parking structures at the rear of the property. The unit mix includes 20 one-bedroom units, 2 two-bedroom townhome units, and 8 two-bedroom units, offering a balanced combination of layouts to attract a diverse tenant base. The property presents a compelling value-add opportunity, with approximately 38% rental upside. Set on a large 1.09-acre lot with low site coverage, the site provides ample space for the addition of 2 to 4 accessory dwelling units (ADUs), allowing for future income growth. Residents enjoy the convenience of 26 private one-car garages, full kitchens in each unit, and on-site laundry facilities. Mature landscaping, combined with an open and spacious layout, creates a serene, garden-style community atmosphere that is highly desirable to tenants. Located in the heart of Santa Monica's thriving Pico neighborhood, the property offers easy access to the I-10 and 405 freeways, major employment hubs, public transportation, and Santa Monica's renowned beaches, retail, and dining amenities.
    82 days
    on Zillow
    |
    190
    |
    13
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 19, 2025 at 05:10pm

    Listed by:

    Tony Azzi DRE # 00910513 310-666-2828,

    Tony Azzi 310-909-5454

    Source: CLAW,MLS#: 25537621MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 40
    • Bathrooms: 32
    Kitchen
    • Features: Ceramic Counters, Remodeled
    Heating
    • Other
    Cooling
    • Other
    Appliances
    • Included: Microwave, Refrigerator, Range/Oven
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    • Fireplace features: Kitchen, Bath, Dining Room, Living Room
    Interior area
    • Total structure area: 24,494
    • Total interior livable area: 24,494 sqft

    Property

    Parking
    • Total spaces: 26
    • Parking features: Assigned, Detached, Driveway, Covered, Private, Private Garage, Garage Is Detached, Garage - 1 Car, Garage, Parking Space, Concrete, Gravel
    • Has garage: Yes
    • Covered spaces: 26
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Spa features: None
    • Fencing: Fenced
    Lot
    • Size: 1.1 Acres
    • Features: City Lot
    Details
    • Additional structures: Other
    • Zoning: SMR2*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1948

    Community & HOA

    Location
    • Region: Santa Monica

    Financial & listing details

    • Price per square foot: $408/sqft
    • Tax assessed value: $4,710,205
    • Date on market: 5/12/2025
    • Total actual rent: 60063
    • Road surface type: Alley Paved
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