John E Burge

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2117 Stewart StreetSanta Monica, CA 90404

Multi-Family · 2,544 Sq. ft. | 0.13 Acres
$1,915,000 Active

2117 Stewart Street Overview

Time on Site:
121 days
Visits:
0

Whether you're looking for your next savvy investment or want to make the most out of your purchase, don't pass up this incredible opportunity in Santa Monica! Situated with easy access to major freeways, the property is just half a mile from Virginia Ave Park and a quick three-mile trip to the iconic Santa Monica Pier. This prime location combines the charm of a quiet neighborhood with the convenience of proximity to the city's vibrant lifestyle offerings. Along a tree-lined street in a prime location, this excellent property features (4) units, each separately metered for gas and electric. Discover (3) units, 1-bedroom, 1-bath layouts on the main level and (1) large unit, 2-bedroom, 1-bath upstairs. The optimal design allows you to secure a quadruple income or live in one while renting the others. Find extensive updates across 3 units, including freshly painted walls, newly installed flooring, stainless steel appliances, and revamped fixtures. You'll also have remodeled baths and access to private patios overlooking the lush landscaping and mature fruit trees. Convenience is yours with in-unit laundry hookups available. Plus, the 5,600 sq ft property includes a 4-car garage, an additional parking space, and off-street parking for an additional vehicle. With SMR2 zoning on a triple corner lot, you'll have plenty of room for expansion or redevelopment options. As a premium bonus, owner-occupied two-car garages can be added to the units' income, along with potential income from an ADU or from renting the additional garages. Limitless possibilities await you in this rare gem that surely won't last long. So, what are you waiting for?

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2117 Stewart Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,544
  • Price/Sq.ft. $753
  • Lot 0.13 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Gardener Expense: 1440.0
  • Gross Scheduled Income: 96984.0
  • Insurance Expense: 3000.0
  • Net Operating Income: 64380.0
  • New Taxes Expense: 24564.0
  • Operating Expense: 32604.0
  • Water Sewer Expense: 3600.0

Listing Information

  • Contingency: *** Offer is Subject to Interior Inspection *** Contingent on the seller completing a 1031 exchange and acquiring a new property; both transactions must close concurrently.

Building Information

  • New Construction: No
  • Year Built: 1941

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C14 - Santa Monica
  • Postal City: SANTA MONICA

Community/Development

  • Community Features: Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Cable TV,Electricity,Gas,Telephone

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA
  • Parcel Number: 4274031014
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: SMR2*

Interior

Parking Information

  • Garage Spaces: 4.0
  • Garage: Yes

Building Interior

  • Building Area Total: 2544.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Gas Oven,Gas Range,Gas Water Heater,Refrigerator,Water Heater
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Street and Patio
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate,Vinyl
  • Laundry Features: Washer Hookup,Gas Dryer Hookup,Inside,In Kitchen
  • Levels: One,Two
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 2
  • Window Features: Blinds,Screens

Exterior

Parking Information

  • Open Parking Spaces: 1.0
  • Parking Features: Assigned,Garage
  • Parking Total: 5.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre,Lawn,Landscaped,Sprinkler System
  • Lot Size Acres: 0.1283
  • Lot Size Area: 5589.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5589.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0
  • Road Surface Type: Paved
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Traditional
    • Construction Materials: Stucco
    • Property Attached: Yes
    • Roof: Composition,Shingle

    General Information

    • Exterior Features: Rain Gutters
    • Fencing: Partial,See Remarks,Wrought Iron
    • Number Of Units Leased: 4
    • Number Of Units Total: 4
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: Alley,City Street
    • Sewer: Public Sewer
    • Utilities: Electricity Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected

    2117 Stewart Street Neighborhood

    Community

    90404 (Santa Monica) Demographics

    38
    Median Age
    11,596
    Population Density (per sq. mile)
    61%
    College Educated
    $75,610
    Estimated Median Income
    2,215
    Estimated Total Home Owners
    8,144
    Estimated Total Renters
    21% / 79%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    2117 Stewart Street Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    2117 Stewart Street Market Data

    Based on the last 30 days in this zip code

    $1,295,307
    Average List Price
    $900
    Average Price per Square Foot
    20
    Properties Sold
    76
    Average Days on Market
    130
    Properties for Sale
    Calculations provided by Reliance Network

    2117 Stewart Street History

    Date Event Value Agent
    6/4/2026Source: CRMLS Price Reduction
    $1,915,000 -2.5%
    2/28/2026Source: CRMLS Added to Database
    February 28, 2026
    1/11/2025Source: TheMLS (CLAW) Status Change
    Sold
    1/11/2025Source: CRMLS Status Change
    Closed
    12/19/2024Source: TheMLS (CLAW) Status Change
    Pending
    12/19/2024Source: CRMLS Status Change
    Pending
    10/12/2024Source: CRMLS Added to Database
    October 12, 2024
    10/12/2024Source: TheMLS (CLAW) Added to Database
    October 12, 2024
    11/2/2022Source: CRMLS Added to Database
    November 02, 2022
    6/23/2022Source: TheMLS (CLAW) Added to Database
    June 23, 2022
    Listing provided courtesy of Estate PropertiesLisa Oliveras- MLS# PV26043221MLS ProviderContact Information: 310-378-9494
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