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1015 3rd StreetSanta Monica, CA 90403

For Sale

$29,950,000

Smart Buyer Rebate $299,500

We are proud to present a generational opportunity to acquire two premier, extensively renovated apartment buildings in the coveted North of Wilshire neighborhood of Santa Monica: 1015 3rd Street and 1133 10th Street. Together, these assets total 46 units and offer investors the ability to establish a commanding rental presence in one of the most supply-constrained and high-barrier-to-entry markets in the country. 1015 3rd Street (25 units) and 1133 10th Street (21 units) have both undergone transformative renovations with no expense spared. Across both properties, the majority of units feature brand-new plumbing and electrical systems, split system air conditioning, fireplaces, in-unit washer/dryers, enhanced sound proofing on walls, floors, and ceilings, stainless steel appliances, new cabinetry, vanities, closets, and upgraded finishes throughout. The result is a portfolio of luxury residences designed to satisfy Santa Monica's most discerning tenant base. Situated just blocks from the Pacific Ocean, Montana Avenue's boutiques and cafes, and Santa Monica's renowned fine dining, shopping, and entertainment, the properties blend timeless courtyard-style architecture with state-of-the-art interiors, making them irreplaceable assets in one of Los Angeles' most sought after coastal enclaves.

Listed by Jonathan Taksa

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License #01366169

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Remax Commercial and Investment Realty

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424-672-8220

Last updated October 21, 2025

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Source: CRMLS #25605467

Listing Facts

  • TypeMulti-family
  • NeighborhoodWilshire-Montana
  • Bedrooms54
  • Days on Prevu58
  • Size38,781 sqft
  • Price per sqft$772

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

10/27/2025
Status changed to Active
$29,950,000
10/23/2025
Status changed to Removed from Feed
$29,950,000
10/13/2025
Listed by Remax Commercial and Investment Realty
$29,950,000

Property Details for 1015 3rd Street

Exterior

Construction

  • Number Of Units Total: 46
  • Stories: 1
  • Stories Total: 2
  • Year Built: 1954

Measurements

  • Building Area Total: 38,781
  • Lot Size Acres: 0.77
  • Lot Size Area: 33,768
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 33,768
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $1,883,142.00

Taxes

  • Parcel Number: 4292019014

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor

Measurements

  • Living Area: 38,781
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 54
  • Bedrooms Total: 54

Parking

Parking

  • Attached Garage: Yes
  • Parking Features: Assigned, Gated
  • Parking Total: 45

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Stacked

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 54 bedrooms in this multi-family home at 1015 3rd Street.

Does this multi-family home have parking?

Yes, there are 45 parking spaces available for 1015 3rd Street.

How does 1015 3rd Street compare to other multi-family homes in Wilshire-Montana?

This multi-family home is listed 693% above the average price for multi-family homes in Wilshire-Montana and has been on the market for 19 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 38,781 sqft.

1015 3rd Street is a 54-bedroom multi-family home for sale in Santa Monica CA 90403. On Prevu for 58 days at $29,950,000. This property features 38,781 square feet of living space, located in Wilshire-Montana. The median listing price for multi-family homes in this area is $1,999,500. Additional amenities include dishwasher and parking. Explore more multi-family home listings in Santa Monica.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.