643 Pacific Street, Santa Monica, CA 90405
List Price: $3.75M
Listing Status: Active
Original List Price: $4M
0Days on Market: 63
12 Bedrooms · 6 Bathrooms · 4,687 sq ft
Property Type: ResidentialIncome
Year Built: 1961
Lot Size: 5,878 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: 26652363
About This Property
A rare and remarkable opportunity to own a fully vacant four-unit property in the heart of Santa Monica, offering immediate flexibility and exceptional income potential in one of Southern California's most desirable coastal markets. Whether you're an investor seeking strong returns, a visionary looking to reposition an asset, or someone dreaming of creating a multi-generational coastal compound, this property opens the door to endless possibilities. It was previously leased by a master tenant and the entire building is available for lease for $25,000 a month. Recently remodeled, the building blends classic coastal charm with modern upgrades and each residence feels bright, inviting, and ready to welcome its next chapter. The two charming 2-bedroom residences offer quiet retreats and the two expansive upper-level units (configured as 3 bedrooms plus a den) showcase beautiful city views, abundant natural light, and generous living spaces rarely found in Santa Monica multi-unit properties. The property's fully vacant status presents a powerful advantage - allowing the next owner to immediately implement their vision and receive market value for each unit. Just minutes from the beach, Main Street, Santa Monica College, Abbot Kinney, and the iconic 3rd Street Promenade, this location captures the very essence of the Santa Monica lifestyle - sun, ocean breezes, vibrant culture, and effortless walkability. For investors and lifestyle buyers alike, opportunities like this are exceptionally rare: a remodeled, fully vacant four-unit property in one of LA's most coveted beachside communities.
Listing provided by: James Scott Suarez DRE #01433992 619-663-8680 james@thesuarezteam.com