Homes for sale - 2032 Delaware AVE, Santa Monica, CA 90404

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Ian Michael

ian@luxurela.com +1(714) 723-1545

$ 9,999,000

Est. payment | -/mo

40 Beds

32 Baths

24,494 SqFt

Save

$ 9,999,000

Est. payment | -/mo

Save

40 Beds

32 Baths

24,494 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 24,494 sqft

Price per Sqft $408

MLS Listing ID 25537621

Bedrooms 40

HOA Y/N No

Year Built 1948

Lot Size 1.095 Acres

Property Description

2032-2106 Delaware Avenue is a two-story, wood-frame construction apartment building consisting of 30 total units, supported by two parking structures at the rear of the property. The unit mix includes 20 one-bedroom units, 2 two-bedroom townhome units, and 8 two-bedroom units, offering a balanced combination of layouts to attract a diverse tenant base. The property presents a compelling value-add opportunity, with approximately 38% rental upside. Set on a large 1.09-acre lot with low site coverage, the site provides ample space for the addition of 2 to 4 accessory dwelling units (ADUs), allowing for future income growth. Residents enjoy the convenience of 26 private one-car garages, full kitchens in each unit, and on-site laundry facilities. Mature landscaping, combined with an open and spacious layout, creates a serene, garden-style community atmosphere that is highly desirable to tenants. Located in the heart of Santa Monica's thriving Pico neighborhood, the property offers easy access to the I-10 and 405 freeways, major employment hubs, public transportation, and Santa Monica's renowned beaches, retail, and dining amenities.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Flooring Wood

Fireplaces Type Bath, Dining Room, Kitchen, Living Room

Fireplace Yes

Appliance Microwave, Refrigerator

Exterior

Parking Features Assigned, Concrete, Covered, Door-Single, Driveway, Garage, Gravel, Private, One Space

Pool None

Total Parking Spaces 26

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4274021016

Special Listing Condition Standard

Listed by Tony Azzi Tony Azzi

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 723-1545

ian@luxurela.com

50 Wilshire Blvd suite 203,, Beverly Hills, California, 9021290212, USA

2032 Delaware AVE Santa Monica, CA 90404