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1024 Pico BoulevardSanta Monica, CA 90405

For Sale

$2,800,000

Smart Buyer Rebate $28,000

This professionally managed multifamily apartment consists of eight 1-bedroom units, nine uncovered parking spaces, a common area laundry room, and a rented storage room. All units are equipped with stainless appliances and are separately metered for gas and electricity. With Santa Monica State Beach located just 1 mile away and a variety of shopping, dining and entertainment options in the nearby area, you don’t want to miss out on this investment opportunity!

Listed by Mariko Artis

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License #02062257

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ADW Management USA, Inc.

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mariko.a@re-adworks.com

Listed by Takeshi Kida

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License #02096893

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ADW Management USA, Inc.

Last updated March 04, 2026

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Source: CRMLS #SB26042958

Listing Facts

  • TypeMulti-family
  • NeighborhoodSunset Park
  • Days on Prevu13

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/04/2026
Listed by ADW Management USA, Inc.
$2,800,000

Property Details for 1024 Pico Boulevard

Association

Amenities

  • Community Features: Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 8
  • Property Attached: Yes
  • Roof: Flat
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1955
  • Common Walls: 2+ Common Walls
  • Construction Materials: Stucco
  • Entry Level: 1
  • Entry Location: Ground

Features

  • Direction Faces: Northwest
  • Road Frontage Type: City Street

Measurements

  • Building Area Total: 4,874
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.13
  • Lot Size Area: 5,982
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,982
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.86
  • Gross Income: $215,879.00
  • Operating Expense: $73,407.00

Taxes

  • Parcel Number: 4284016005

Other

Location

  • Tax Lot: 19

Parking

Parking

  • Open Parking Spaces: 9
  • Parking Features: Assigned
  • Parking Total: 9

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1024 Pico Boulevard.

Does this multi-family home have parking?

Yes, there are 9 parking spaces available for 1024 Pico Boulevard.

How does 1024 Pico Boulevard compare to other multi-family homes in Sunset Park?

This multi-family home is listed 13% below the average price for multi-family homes in Sunset Park and has been on the market for 57 less days than the typical home in this area.

1024 Pico Boulevard is a -bedroom multi-family home for sale in Santa Monica CA 90405. On Prevu for 13 days at $2,800,000. This residence is located in Sunset Park. The median listing price for multi-family homes in this area is $2,863,000. Property amenities include parking. View other 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.