Listing provided courtesy of Real Broker- MLS# 26652363MLS Provider

643 Pacific StSanta Monica, CA 90405

Multi-Family · 12 Beds · 4,687 Sq. ft. | 0.13 Acres
$3,750,000 Active

643 Pacific St Overview

Time on Site:
97 days
Visits:
0

A rare and remarkable opportunity to own a fully vacant four-unit property in the heart of Santa Monica, offering immediate flexibility and exceptional income potential in one of Southern California's most desirable coastal markets. Whether you're an investor seeking strong returns, a visionary looking to reposition an asset, or someone dreaming of creating a multi-generational coastal compound, this property opens the door to endless possibilities. It was previously leased by a master tenant and the entire building is available for lease for $25,000 a month. Recently remodeled, the building blends classic coastal charm with modern upgrades and each residence feels bright, inviting, and ready to welcome its next chapter. The two charming 2-bedroom residences offer quiet retreats and the two expansive upper-level units (configured as 3 bedrooms plus a den) showcase beautiful city views, abundant natural light, and generous living spaces rarely found in Santa Monica multi-unit properties. The property's fully vacant status presents a powerful advantage - allowing the next owner to immediately implement their vision and receive market value for each unit. Just minutes from the beach, Main Street, Santa Monica College, Abbot Kinney, and the iconic 3rd Street Promenade, this location captures the very essence of the Santa Monica lifestyle - sun, ocean breezes, vibrant culture, and effortless walkability. For investors and lifestyle buyers alike, opportunities like this are exceptionally rare: a remodeled, fully vacant four-unit property in one of LA's most coveted beachside communities.

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643 Pacific St Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,687
  • Price/Sq.ft. $800
  • Lot 0.13 Acres

Details

General

Income/Expenses

  • Gross Income: 232680
  • Insurance Expense: 8513.00
  • Maintenance Expense: 2635.00
  • Net Operating Income: 170544.00

Building Information

  • Year Built: 1961

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Santa Monica

Tax Information

  • Tax Annual Amount: 49938.00
  • Tax Assessed Value: 1450730

General Information

  • Disclosures: As Is, Seller/Owner/Principal RE Licensed, LA/Owner Related, Rent Control
  • Property Type: Residential Income
  • Zoning: SMOP2*

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 6.00
  • Bedrooms Total: 12

General Information

  • Cooling: Wall Unit(s)
  • Flooring: Tile, Laminate
  • Heating: Wall
  • Levels: Two
  • Living Area: 4687
  • Living Area Source: Assessor
  • Rooms: Breakfast Area, Family Room
  • Spa Features: None
  • Spa: False
  • Stories: 2

Exterior

Parking Information

  • Open Parking Spaces: 3
  • Parking Total: 5

Lot Information

  • Lot Size Acres: 0.1349
  • Lot Size Area: 5878
  • Lot Size Source: Assessor
  • Number Of Buildings: 1

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Mid-Century

    General Information

    • Number Of Units Total: 4
    • Other Structures: None
    • Pool Features: None
    • Pool Private: False

    643 Pacific St Neighborhood

    Community

    90405 (Santa Monica) Demographics

    41
    Median Age
    9,748
    Population Density (per sq. mile)
    75%
    College Educated
    $96,352
    Estimated Median Income
    4,586
    Estimated Total Home Owners
    9,488
    Estimated Total Renters
    33% / 67%
    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.

    643 Pacific St 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.

    643 Pacific St Market Data

    Based on the last 30 days in this zip code

    $2,094,368
    Average List Price
    $1,279
    Average Price per Square Foot
    28
    Properties Sold
    63
    Average Days on Market
    293
    Properties for Sale
    Calculations provided by Reliance Network

    643 Pacific St History

    Date Event Value Agent
    6/4/2026Source: CRMLS Price Reduction
    $3,750,000 -6.2%
    6/4/2026Source: TheMLS (CLAW) Price Reduction
    $3,750,000 -6.2%
    5/28/2026Source: CRMLS Status Change
    Closed
    5/28/2026Source: TheMLS (CLAW) Status Change
    Sold
    5/1/2026Source: CRMLS Added to Database
    May 01, 2026
    5/1/2026Source: CRMLS Added to Database
    May 01, 2026
    5/1/2026Source: CRMLS Added to Database
    May 01, 2026
    5/1/2026Source: CRMLS Added to Database
    May 01, 2026
    5/1/2026Source: TheMLS (CLAW) Added to Database
    May 01, 2026
    5/1/2026Source: TheMLS (CLAW) Added to Database
    May 01, 2026
    5/1/2026Source: TheMLS (CLAW) Added to Database
    May 01, 2026
    5/1/2026Source: TheMLS (CLAW) Added to Database
    May 01, 2026
    4/2/2026Source: CRMLS Status Change
    Active
    4/2/2026Source: TheMLS (CLAW) Status Change
    Active
    4/2/2026Source: CRMLS Price Reduction
    $3,999,999 -5.3%
    4/2/2026Source: TheMLS (CLAW) Price Reduction
    $3,999,999 -5.3%
    4/2/2026Source: CRMLS Added to Database
    April 02, 2026
    3/25/2026Source: TheMLS (CLAW) Added to Database
    March 25, 2026
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