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2218 Pico Boulevard — Santa Monica | Belmont Brokerage | Belmont Brokerage

Active

+25 more

$2,495,000

0 DOM

— bd— ba— sqft

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2218 Pico Blvd Santa Monica, CA 90405

4,508sqft lot

One-of-a-kind opportunity for a flagship mid-century building, including a creative space plus 3 additional units for office, storage or income. Beautiful courtyard entry creates incredible indoor outdoor flow, perfect for events and entertaining. With a brand new Intelligentsia Coffee location down the street, timeless classic Gilbert's El Indio, Whole Foods on the corner and a new Joe and the Juice opening soon, the property sits on a stretch of Pico in Santa Monica fast growing into one of the hottest locations on the westside.Creative Space - approx 1350 sqft.3 additional units (studio, 1br, 2br). Property Overview available upon request. Contact listing agent for details.

MLS 26730735

818-783-7721 (Office) 917-690-2061 (Cell) lkherzig@gmail.com

Est. payment

$15,943/mo

Principal & interestTaxesInsurance

$12,616$2,599$728

Down %

Rate %

Years

Down payment: $499,000 · Total cost: $5,040,788

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$15,943/mo

Principal & interest: $12,616
Est. property tax: $2,599
Est. insurance: $728
Down payment: $499,000

Est. gross rent$10,396/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-5,547/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 15, 2026	$2,495,000	—

Facts & Features

Structure & Property

Year Built1945

818-783-7721 (Office) 917-690-2061 (Cell) lkherzig@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

2218 Pico Boulevard, Santa Monica, CA 90405

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Call

2218 Pico Blvd Santa Monica, CA 90405

About this home

Leigh Herzig

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Leigh Herzig

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

2218 Pico Boulevard, Santa Monica, CA 90405

About This Property

Property Photos

2218 Pico Blvd Santa Monica, CA 90405

About this home

Leigh Herzig

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Leigh Herzig

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.