1427 Euclid Street #6, Santa Monica, CA 90404 (MLS # 26637121)

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PRICE $2,325,000 dsIDX morgage calculator
BEDS 0
BATHS 8
HOME SIZE 3,462 sqft
LOT SIZE 7,484 sqft
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1427 Euclid Street presents a rare opportunity to acquire a high-performing 6-unit multifamily property in Santa Monica with meaningful ADU and income upside. The property features four detached bungalow units and two units above four garages, creating an exceptional layout for garage-to-ADU conversion. Upon completion of the ADUs, the property is projected to achieve an in-place 7.67% cap rate without factoring in any rent increases or unit upgrades. One of the garages is already generating $400 per month as a rented storage unit. The sellers have recently completed foundation upgrades, providing investors with confidence in the building's structural integrity and long-term durability.Located on a 7,483 SF R3-zoned lot, the property offers spacious units, strong existing cash flow, and multiple value-add pathways, including both ADU development and future rent growth. Situated just off Santa Monica Boulevard, residents enjoy excellent walkability and connectivity to major employers, retail, transit, and the beach, with convenient access to both freeways and Metro lines.

DAYS ON MARKET 5 LAST UPDATED 1/13/2026
YEAR BUILT 1949 COMMUNITY C14 - Santa Monica
GARAGE SPACES 4.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher
AREA C14 - Santa Monica
GARAGE Yes
LOT 7484 sq ft
LOT DIMENSIONS 7483
PARKING Assigned, Garage
STORIES 2
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Listed with Paloma Realty Partners, Inc.

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