937 2nd St, Santa Monica, CA 90403
FOR SALE

937 2nd St
Santa Monica, CA 90403

Wilshire/Montana
  • 22 Beds
  • 20 Baths
  • 14,544 sqft
  • 22 Beds
  • 20 Baths
  • 14,544 sqft

$8,450,000

Original price: $8,695,000
Est. Mortgage $53,718/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

HUGE $745,000 REDUCTION FROM ORIGINAL LIST PRICE!!! We are pleased to offer for sale rare multifamily assets at 937 & 943 2nd Street in the coveted beachside community of Santa Monica. These side by side properties each have their own APN and share a beautiful stone paved courtyard. The properties boasts a great unit mix of 1 & 2 bedrooms, all with significant rental upside. Just a block to Montana Avenue and a block to the beach, these properties truly reflect the Santa Monica beachside vibe.937 & 943 2nd Street puts residents in the center of everything Santa Monica has to offer. Additionally, the property has on-site parking, an on-site laundry room (machines owned by Seller) and lushly landscaped grounds.

Home Highlights

Parking
16 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$581
Listed
15 days ago

Home Details for 937 2nd St

Interior Features

Beds & Baths
Number of Bedrooms: 22Number of Bathrooms: 20
Dimensions and Layout
Living Area: 14544 Square Feet
Heating & Cooling
Heating: WallHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 16Parking: Assigned

Days on Market

Days on Market: 15

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Has Additional Parcels

Price & Status

Price
List Price: $8,450,000Price Per Sqft: $581

Active Status

MLS Status: Active

Location

Direction & Address
City: Santa Monica

Agent Information

Listing Agent
Listing ID: 24-370305

Building

Building Area
Building Area: 14544 Square Feet

Lot Information

Lot Area: 7518.456 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Has Rent Control

Miscellaneous

Mls Number: 24-370305
Last check for updates: about 13 hours ago
Listing courtesy of Jonathan Taksa DRE # 01366169, (310) 968-5303
Remax Commercial and Investment Realty, (213) 817-1000
Source: CLAW, MLS#24-370305

Price History for 937 2nd St

DatePriceEventSource
04/12/2024$8,450,000PriceChange
CLAW #24-370305
03/19/2024$8,695,000Listed For SaleCLAW #24-370305

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Comparable Sales for 937 2nd St

Address
Distance
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Sold Price
Sold Date
Bed
Bath
Sqft
0.48
Multi-Family Home
$3,700,000
09/20/23
15
13
8,616
0.62
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$4,400,000
09/18/23
16
16
8,930
0.71
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$3,500,000
09/25/23
16
18
7,248
0.64
Multi-Family Home
$4,518,000
09/29/23
12
12
8,348
0.87
Multi-Family Home
$3,700,000
06/12/23
17
14
8,762
1.04
Multi-Family Home
$5,220,000
03/18/24
16
16
15,621
0.48
Multi-Family Home
$3,350,000
07/18/23
10
7
5,776
0.27
Multi-Family Home
$2,375,000
12/01/23
6
6
3,360
0.90
Multi-Family Home
$3,000,000
01/11/24
14
10
7,280
0.68
Multi-Family Home
$2,400,000
04/01/24
8
8
5,388

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Wilshire/Montana

  • Trulia User
    "it is a good area to walk a dog but it is not safe because of a lot of mentally ill people living on the curbs or at Reeds Park. it is a shame that this area used to be very nice, but now it is deteriorating very fast. over all it is not safe to walk after sunset."
    3
    Flag
  • Trulia User
    "It is close to both the MTA and Big Blue Bus stops. The train is in biking distance and the neighborhood is very walkable. The freeway is close by for an easy commute."
    0
    Flag
  • Trulia User
    "It’s a great neighborhood! Nice people, nice restaurants lots to do and lots of family friendly activities."
    1
    Flag
  • Abbstrack
    "Plenty of dogs and dog loving people walking around throughout the day. Very friendly neighborhood for dogs. "
    1
    Flag
  • Amleroy
    "Dogs are more welcome than children here. People always want to talk to my dog but are intimidated by my 5 year old"
    1
    Flag
  • Lopakshah
    "Dogs everywhere and places here are pet friendly. There’s a pop up dog adoption center every weekend on Montana "
    1
    Flag
  • Suenaon
    "It is a very quiet and safe area. All neighbors are nice and friendly. I consider it as one of the best places to raise my 1-year-old baby."
    0
    Flag
  • Eden
    "I’ve lived here for almost 5 years. Safe, clean, walkable neighborhood. Good coffee shops bit only a few really good dining options"
    9
    Flag
  • Suenaon
    "I have been living here for 4 years and I really liked it. It’s quite, but you are also close to stores and restaurants. "
    5
    Flag
  • Zaika
    "Too many homeless and dangerous to walk at night. Cafe owners are very welcome and always leave water for dogs outside. "
    1
    Flag
  • Gabbyshawcross
    "I commute to downtown using the Metro. It’s easy and pleasant. The area is well connected to cycle paths and has plenty of ride share scooters and bikes."
    3
    Flag
  • Lissapellicer
    "It’s definitely a doggies neighbourhood. All along Montana and down to Ocean, many places for dogs to play and run. "
    0
    Flag
  • N. Brown
    "There are tons of families in the neighborhood because of the fantastic schools and child-friendly activities in and around the neighborhood. "
    0
    Flag
  • Dieterpietschlpq
    "Hit and miss....I also have a dog and pick up from him what’s left on the greens. Perhaps I should be better and pick up other droppings but I don’tmostly but sometimes...as a community let’s Not roll over in ignorance to the neighbors that have no dogs....poop on the street is like “ second hand smoke “ for other’s!"
    0
    Flag
  • D.D.
    "Dog friendly area. Many dogs and places to take them to run (parks, nearby mountains, beaches). Many restaurants and other public places allow dogs. "
    0
    Flag
  • Beatrice C. L.
    "Pretty safe neighborhood, lots of dogs, people are nice, we like the shops on Montana avenue and not being too far from the beach "
    0
    Flag
  • Sina A.
    "Amazing foot access to Whole Foods, Starbucks, Peets, Drybar, Planet Blue and many restaurants. All a block away! "
    0
    Flag
  • Matthew K.
    "I walk to and from work. This is one reason why I live here. The walk is great and it’s beautiful all the time. There are now many issues with transients in the neighborhood which is unnerving for my girlfriend walk-in at night. "
    0
    Flag
  • Loren
    "Nice neighborhood, schools and parks. Great area. Closer to promenade has a lot of homeless. That's all I have to say at the moment"
    0
    Flag
  • Kristine Aronsohn
    "The proximities to the Pacific Ocean, Palisades Park, International Tourists makes me feel I am closer globally, Montana shops, the best part is I can walk for whatever I need and my car doesn’t leave the garage."
    3
    Flag
  • Morvarid29
    "I commute to Tarzana and it’s easy, but in general leaving Santa Monica is always hard 630-9a or 3-7p to anywhere in LA "
    0
    Flag
  • Meghan d.
    "The parks get a high percentage of homeless after dusk. tell kids to keep their scooters off the sidewalks as it effects the pedestrians. The train seems to be increasing crime around here "
    1
    Flag
  • Ksehwani
    "Great location short walk to shops and great coffee on Montana and short bike ride to 3rd street promenade "
    6
    Flag
  • Meghanmather
    "Schools not as great as they pretend to be. Overpriced & crowded now. Town Was nice 15 yrs ago. Everything is more expensive here & really bad traffic. Local government doesn’t care about residents "
    9
    Flag
  • Katelynn k.
    "I love the small town feel even in LA and being on the coast makes the weather a huge plus, as well as adds that beach community feel to the neighborhood. It’s cute and quaint while still being a very happening part of town."
    2
    Flag
  • Susan B.
    "Fresh Air from the Pacific Ocean, wide streets, trees, flowers and friendly neighbors. Closeness to all shops, restaurants and public transportation makes it easy to get around to shop. Cleanliness of neighborhood. There is city noise like occasional garbage trucks and ambulances during the day, but not in the evening or night. Safe. Sightings of occasional harmless homeless person might be disturbing to some."
    0
    Flag
  • Nabbers333
    "Friendly, safe and everything you could want within walking distance. Great shopping, restaurants and the beach!"
    0
    Flag

LGBTQ Local Legal Protections

Jonathan Taksa, Remax Commercial and Investment Realty
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
937 2nd St, Santa Monica, CA 90403 is a 22 bedroom, 20 bathroom, 14,544 sqft multi-family built in 1955. 937 2nd St is located in Wilshire/Montana, Santa Monica. This property is currently available for sale and was listed by CLAW on Apr 12, 2024. The MLS # for this home is MLS# 24-370305.