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1427 Euclid Street #6, 
Santa Monica, CA 90404

$2,195,000


Bed


8

Baths


3,462

Sq Ft


Multi-Family

Active

Listed by

Adam Kanizo

Oliver Fries

Paloma Realty Partners, Inc.

310-392-2436

Last updated:

July 16, 2025, 01:27 PM

MLS#

25563147

Source:

CRMLS

About This Home

1427 Euclid Street #6

1427 Euclid St presents a rare opportunity to acquire a value-add 6-unit multifamily property in Santa Monica. With potential for 2 additional ADUs, the asset is ideal for investors looking to renovate, reposition, and capitalize on upside in a high-demand rental market. Upon ADU completion an investor will have obtained an in place 8.05% cap rate without any additional improvements or rent increases being accounted for. One garage is currently being rented for $400 per month as storage. Situated on a nearly 7,483 SF R3-zoned lot, the property offers spacious units, strong existing cash flow, and significant potential upside through rental increases and future development. Just off Santa Monica Blvd, residents enjoy proximity to major employers, retail, transit, and the beach with easy access to freeways and Metro lines.

Home Facts

Multi-Family

8 Baths

Built in 1949

Price Summary

2,195,000

$634 per Sq. Ft.

MLS #:

25563147

Last Updated:

July 16, 2025, 01:27 PM

Added:

11 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

8

Interior

Living Area:

3,462 Sq. Ft.


Structure

Structure

Building Area:

3,462 Sq. Ft.

Year Built:

1949


Lot

Lot Size (Sq. Ft):

7,483


Finances & Disclosures

Finances

Price:

$2,195,000

Price per Sq. Ft:

$634 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of July 20, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.