We are pleased to offer for sale an incredible multifamily asset located at 443 Bay Street in the heart of LA’s famed beach city of Santa Monica. Originally built in 1971, the building boasts an ideal unit mix consisting of very large 2 & 3-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor or owner user (there is a very large, luxuriously updated 3 bedroom unit), the property has incredible rental upside, a secured intercom entrance, ample on-site parking, all copper plumbing, a brand new roof, as well as an on-site laundry facility. The unit mix includes (1) 3-bed, 2-bath unit, (2) 2-bed,1-bath units, and (3) 2-bed, 1-bath units. Many of the units have been luxuriously upgraded to the highest standards with hardwood flooring, custom window shutters, stainless steel appliances and quartz countertops, central HVAC (select units), recessed lighting, upgraded electrical, and an in-unit washer and dryer (select units) and central HVAC (select units). This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor’s portfolio. A quick stroll to the beach and Main Street, this property is situated close to all Santa Monica has to offer. With incredible in-place income, enormous rental upside potential, and a secured tenant base, 443 Bay Street gives buyers the unique opportunity to own a generational asset in one of LA’s most prized and coveted locations.
Property Details
Price:
$2,875,000
MLS #:
25514273
Status:
Active
Baths:
0
Address:
443 Bay Street
Type:
Residential Income
Neighborhood:
c14santamonica
City:
Santa Monica
Listed Date:
Mar 20, 2025
State:
CA
ZIP:
90405
Lot Size:
5,752 sqft / 0.13 acres (approx)
Year Built:
1971
See this Listing
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Schools
Interior
Appliances
Dishwasher, Microwave, Refrigerator
Cooling
Wall/ Window Unit(s), Central Air
Heating
Central, Wall Furnace
Exterior
Parking Features
Assigned, Attached Carport
Parking Spots
10.00
Stories Total
2
Financial
Map
Community
- Address443 Bay Street Santa Monica CA
- AreaC14 – Santa Monica
- CitySanta Monica
- CountyLos Angeles
- Zip Code90405
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443 Bay Street
Santa Monica, CA
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