New
$2,695,000
8 bd · 6 ba · 4,137 sqft · 7,527 sqft lot
947 17th St, Santa Monica, CA 90403
Multi-family · Built 1950 · $651/sqft ·
$16,506/mo est. payment
- Garage
- 4 cars
- Stories
- 2
Flood factor 1/10
About this home
Charming 6-unit property with expansive grounds and 5 one car garages. Each unit has been tastefully updated, blending vintage charm with modern conveniences like dishwashers in most units. All units are at market rent, and the building features shared laundry. With strong financials and excellent income potential, this well-maintained Santa Monica gem is primed for a savvy investor to step in and maximize returns. One 1/1 bedroom Unit will be delivered VACANT along with 4 out of the 5 garages. There is a tremendous value and upside to this spectacular property.
Facts and features
Bedrooms
- Bedrooms: 8
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Heating and Cooling
- Heating Features: Wall Electric
Garage and Parking
- Covered Spaces: 5
- Garage Spaces: 4
- Parking Features: Garage - 4+ Car
- Parking Total: 5
Land Info
- Lot Size Acres: 0.1728
- Lot Size Source: Assessor
- Lot Size Square Feet: 7526
Multi-Unit Info
- Number of Buildings: 2
- Number of Units: 6
- Unit Type: SMRC
- Bedrooms in Unit-1: 2
- Bedrooms in Unit-2: 2
- Bedrooms in Unit-3: 1
- Bedrooms in Unit-4: 1
- Bedrooms in Unit-5: 1
Rental Info
- Gross Income: 199932
- Gross Scheduled Income: 145000
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Cap Rate: 5.34
- Directions: North of Wilshire. South of Montana between Washington and Idaho
- Source Property Type: Residential Income
- Area: Santa Monica
- Source Neighborhood: Santa Monica
- Owner Pays: Water, Gardener
Schools
- 8
Lincoln Middle School
middle · 6-8 · 0.2 mi
- 10
Franklin Elementary School
elementary · K-5 · 0.5 mi
- 9
Santa Monica High School
high · 9-12 · 1.5 mi
Garden Of Angels School
elementary · PK-1 · 0.1 mi
Pacifica Christian High School
high · 9-12 · 0.3 mi
Lighthouse Church School
elementary · K-8 · 0.4 mi
Price history
- May 22, 2026 · Price Changed$2,695,000
- May 4, 2026 · Listed$2,995,000
- Jun 23, 2025 · Listing Removed$2,450
- Jun 17, 2025 · Listed For Rent$2,450
- Dec 28, 2024 · Listing Removed$2,450
- Dec 23, 2024 · Listed$2,450
- Feb 20, 2001 · Sold$960,000
- Aug 6, 1990 · Sold$725,000
Tax history
- 2025$19,194 tax · $1,475,484 assessed
- 2024$18,053 tax · $1,446,554 assessed
- 2023$17,771 tax · $1,390,385 assessed
- 2022$17,545 tax · $1,363,124 assessed
- 2021$17,096 tax · $1,336,397 assessed
- 2020$16,980 tax · $1,322,695 assessed
- 2019$16,810 tax · $1,296,761 assessed
- 2018$15,815 tax · $1,271,336 assessed
Home value
$2,001,000
- Collateral Analytics$2,001,000
Where it is
Listed by Esther Hickman · COMPASS · TheMLSCLAW
