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638 Grant — Santa Monica | Belmont Brokerage | Belmont Brokerage

Pending

$2,400,000

1 DOM

— bd— ba— sqft

Call

638 Grant Santa Monica, CA 90405

5,899sqft lot

Short Sale- 8 Unit Apartment Building. 8 unit property with 4 studios and 4 one bedroom units. Needs work/TLC strong value- add opportunity with solid rental potential. Short sale subject to lender approval.

MLS SR26078913

818-761-7222 (Office) catherinebinamo@gmail.com

Est. payment

$15,336/mo

Principal & interestTaxesInsurance

$12,136$2,500$700

Down %

Rate %

Years

Down payment: $480,000 · Total cost: $4,848,854

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$15,336/mo

Principal & interest: $12,136
Est. property tax: $2,500
Est. insurance: $700
Down payment: $480,000

Est. gross rent$10,000/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)$-5,336/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 9, 2026	$2,400,000	—

Facts & Features

Structure & Property

Year Built1957

818-761-7222 (Office) catherinebinamo@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

638 Grant, Santa Monica, CA 90405

Get Directions

Call

638 Grant Santa Monica, CA 90405

About this home

Catherine Binamo

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Catherine Binamo

Sale & Tax History

No Recent Sales History

Location

638 Grant, Santa Monica, CA 90405

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

638 Grant Santa Monica, CA 90405

About this home

Catherine Binamo

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Catherine Binamo

Sale & Tax History

No Recent Sales History

Location