Overview
- 13
- 8
- 5160
- 1922
Description
1824 Michigan Ave is a seven-unit property comprised of two separate structures situated on an over 16,000 SF lot in the heart of Santa Monica. The asset is ideally located minutes from Santa Monica College, the 10 Freeway, Downtown Santa Monica, and major tourist attractions. The property is comprised of a 3BR/2BA single-family residence that will be delivered vacant, along with a separate six-unit apartment structure. A compelling value-add opportunity exists through the completion of two ADUs, with plans and permits fully approved and paid for, and the structural framework already in place allowing a new owner to immediately capitalize on increased density and rental income with minimal entitlement risk. The unit mix on the six unit building is: One Single, One 1BR, 1BA, Four 2BR, 1BA. The Two approved ADU’s that the owner has already began work on are a 2BR 1BA, and a 3BR, 2.5BA.
Address
Open on Google Maps- Address Michigan
- City Santa Monica
- State/county Los Angeles
- Zip/Postal Code 90404
Details
Updated on February 18, 2026 at 11:06 am- Property ID: HZ26649501
- Price: $3,495,000
- Property Size: 5160 Sq Ft
- Bedrooms: 13
- Bathrooms: 8
- Year Built: 1922
- Property Status: ResidentialIncome
- Listed by: Yigal Fatirian
- DRE #: 02059042
- Contact Phone: 3109998948|
- Contact Mail: Yigal@lyonstahl.com
- Brokered by: Lyon Stahl Investment Real Estate, Inc.
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