A rare and remarkable opportunity to own a fully vacant four-unit property in the heart of Santa Monica, offering immediate flexibility and exceptional income potential in one of Southern California's most desirable coastal markets. Whether you're an investor seeking strong returns, a visionary looking to reposition an asset, or someone dreaming of creating a multi-generational coastal compound, this property opens the door to endless possibilities. It was previously leased by a master tenant and the entire building is available for lease for $25,000 a month. Recently remodeled, the building blends classic coastal charm with modern upgrades and each residence feels bright, inviting, and ready to welcome its next chapter. The two charming 2-bedroom residences offer quiet retreats and the two expansive upper-level units (configured as 3 bedrooms plus a den) showcase beautiful city views, abundant natural light, and generous living spaces rarely found in Santa Monica multi-unit properties. The property's fully vacant status presents a powerful advantage - allowing the next owner to immediately implement their vision and receive market value for each unit. Just minutes from the beach, Main Street, Santa Monica College, Abbot Kinney, and the iconic 3rd Street Promenade, this location captures the very essence of the Santa Monica lifestyle - sun, ocean breezes, vibrant culture, and effortless walkability. For investors and lifestyle buyers alike, opportunities like this are exceptionally rare: a remodeled, fully vacant four-unit property in one of LA's most coveted beachside communities.
How many bedrooms does this multi-family home have?
There are 12 bedrooms in this multi-family home at 643 Pacific Street.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 643 Pacific Street.
How does 643 Pacific Street compare to other multi-family homes in Ocean Park?
This multi-family home is listed 8% above the average price for multi-family homes in Ocean Park and has been on the market for 6 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 4,687 sqft.
643 Pacific Street is a 12-bedroom multi-family home for sale in Santa Monica CA 90405. On Prevu for 45 days at $3,999,999. This includes a recent price decrease of $222,223. This property features 4,687 square feet of living space, located in Ocean Park. The median listing price for multi-family homes in this area is $1,997,298. The home offers dishwasher and parking. Browse 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.
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.