1022 Grant St , Santa Monica, CA 90405
$3,950,000
Est. Payment: $20,921.79/mo
8 Bed
5 Bath
3950 Sqft
Status: Active | Days on site: 8
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CLW-X73650 - CLW-X49911
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House Description

** PLEASE DO NOT WALK PROPERTY **A rare and fully reimagined 6 unit income property in the heart of Santa Monica's coveted Sunset Park, 1022 Grant Street offers the increasingly difficult-to-find combination of character, extensive renovation and upgrades, private outdoor spaces and impressive market rents. Originally a five-unit property and now enhanced by a newly added 1 bedroom ADU, the property offers 6 residences, many of which feel more like individual homes than apartments. At the heart of the property are 3 highly desirable 2 bedroom bungalow-style residences, each with its own private entrance and with beautifully landscaped front garden spaces and some with patio spaces. Extensively remodeled (with Permits) incorporating a clean, timeless aesthetic, these residences feel like small houses and feature custom cabinetry, Caesarstone countertops, new appliances, wide-plank oak flooring, frameless glass showers with custom tiles and vanity, stacked in-unit washer/dryers and individual HVAC or mini-split systems. Ample double hung windows, mature landscaping and thoughtful separation create exceptionally light, private and inviting residences! Two additional units are positioned above the rear garages, providing separation from the bungalows, while the newly added and oversized 1 bedroom ADU further enhances the property's income and flexibility. 2 private garages are also assigned to the bungalows . Perhaps most compelling, all but one of the residences are leased at impressive market rents, offering the unusual opportunity to acquire a substantially renovated Santa Monica income property without the significant loss-to-lease associated with most Santa Monica and Los Angeles income offerings. Equally compelling for an investor seeking strong, highly desirable rental product or an owner-user looking for a distinctive residence supplemented by meaningful income. Set along a quiet, tree-lined street in one of Sunset Park's most desirable residential pockets, the property is moments from the restaurants, cafes and neighborhood amenities of Ocean Park and minutes from the beach. Beautifully renovated, predominantly market-rent, bungalow-style multifamily properties of this quality are exceedingly difficult to replicate in Santa Monica making 1022 Grant Street a truly rare offering. Call for information and showing.

Highlights

Listed by Jack Graniti , 310-625-6656 Pacifica West Properties , 310-264-2218. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

1948

County

Los Angeles

Area

C14 - Santa Monica

Listing ID

26986431

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:5
  • Full Bathrooms:0
Appliances:Dishwasher, Microwave, Refrigerator, Dryer, Washer
Air Cond:Central Air,Wall/Window Unit(s)
Fireplaces:

Exterior Features

Lot:No Land Lease
Garage Capacity:2
Zoning:SMR2*
Others:
  • Additional:2+ Total Units, Has ADU
Parking Features:Door-Multi,Garage
Principal Interest
$20,922
Taxes
$2,518

Home Price

$3,950,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$790,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$20,921.79

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,921.79 $2,518.13 $0.00 $23,439.91
Yearly $251,061.48 $30,217.50 $0.00 $281,278.98
Total $7,531,844.37 $906,525.00 $0.00 $8,438,369.37

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Santa Monica, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T15:01:48.000Z

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