443 Bay Street, Santa Monica, CA 90405 - Berkshire Hathaway HomeServices California Properties
443 Bay Street Santa Monica, CA 90405
$2,700,000 13 beds, 8 baths
5, 532 sqft

Agent Remarks

SIGNIFICANT PRICE IMPROVEMENT. PRICED TO SELL IN PRIME SANTA MONICA. We are pleased to offer for sale an incredible multifamily asset located at 443 Bay Street in the heart of LA's famed beach city of Santa Monica. Originally built in 1971, the building boasts an ideal unit mix consisting of very large 2 & 3-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor or owner user (there is a very large, luxuriously updated 3 bedroom unit), the property has incredible rental upside, a secured intercom entrance, ample on-site parking, all copper plumbing, a brand new roof, as well as an on-site laundry facility. The unit mix includes (1) 3-bed, 2-bath unit, (2) 2-bed,1-bath units, and (3) 2-bed, 1-bath units. Many of the units have been luxuriously upgraded to the highest standards with hardwood flooring, custom window shutters, stainless steel appliances and quartz countertops, central HVAC (select units), recessed lighting, upgraded electrical, and an in-unit washer and dryer (select units) and central HVAC (select units). This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to the beach and Main Street, this property is situated close to all Santa Monica has to offer. With incredible in-place income, enormous rental upside potential, and a secured tenant base, 443 Bay Street gives buyers the unique opportunity to own a generational asset in one of LA's most prized and coveted locations.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25514273
List price is $2,700,000 Reduced by $175,000 on 4/22/2025
Beds: 13
Baths: 8
Built in 1971
5,532 sqft
1 story
0.13 acres
Lot size: 0.1320
County: Los Angeles
Zoning: SMOP2*
Appliances: Dishwasher,Microwave,Refrigerator
Parking description: Attached Carport,Assigned
Heating/cooling: Central Air,Wall/Window Unit(s)
Heating description: Central,Wall Furnace
MLS area: C14 - Santa Monica

Last Updated: 4/22/2025

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This listing belongs to the C14 - Santa Monica MLS area

Lat/Long: 34.009704, -118.485889.
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Listing Agent: Jonathan Taksa
Lic#: 01801928
Office Name: Sherman Oaks

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