Listing provided courtesy of ZARA Equity Corp.- MLS# 26841091MLS Provider

2230 Delaware AveSanta Monica, CA 90404

Multi-Family · 6 Beds · 3,075 Sq. ft. | 0.12 Acres
$2,260,000 Active

2230 Delaware Ave Overview

Time on Site:
25 days
Visits:
0

Exceptional turnkey 4-UNIT INVESTMENT OPPORTUNITY in a prime Santa Monica location with stunning Mountain and sunset views. Ideally situated near Santa Monica beaches, Whole Foods, Virginia Park, Santa Monica College, Sunset Park, Main Street, the Pico Neighborhood, and the 3rd Street Promenade. This highly desirable location supports enduring tenant demand and long-term value appreciation, with easy access to shopping, dining, entertainment, and public transportation. Extensively renovated and thoughtfully upgraded, this income-producing property ( GREAT CASH FLOW ) consists of a REMODELED TRIPLEX plus a NEWLY BUILT legal 2-bedroom, 2-bath ADU, offering strong rental demand, stable income generation, and compelling long-term investment potential. Recent capital improvements include new copper re-piping, upgraded electrical and plumbing systems, hardwood flooring and or vinyl plank, dual-pane windows, fresh interior paint, new heaters, and modernized interiors throughout. Each unit features stainless steel appliances including an in-unit washer and dryer, dishwasher, built-in microwave, gas range, and refrigerator. Additional interior upgrades include recessed LED lighting, granite countertops, white shaker-style cabinetry, and designer Edison-style fixtures. These significant upgrades help support tenant satisfaction while reducing near-term maintenance concerns, enhancing the property's appeal as a well-positioned investment asset. The lower front unit enjoys a spacious private patio with panoramic city and Santa Monica Mountain views. Residents also benefit from a large shared rear patio and five onsite parking spaces, amenities that contribute to continued tenant desirability and rental strength. ALL UNITS ARE CURRENTLY TENANT OCCUPIED , providing immediate rental income and operational continuity for investors. DO NOT DISTURB TENANTS. Inside with an accepted offer, no exceptions! Call agent for more information - Make an offer on the CAR FORMS

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2230 Delaware Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,075
  • Price/Sq.ft. $735
  • Lot 0.12 Acres

Details

General

Income/Expenses

  • Gross Income: 156000

Building Information

  • Year Built: 1951

Location/Region

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

Tax Information

  • Tax Assessed Value: 1266655

General Information

  • Disclosures: Seller/Owner/Principal RE Licensed, Rent Control
  • Property Type: Residential Income
  • Zoning: SMR2*

Interior

Beds/Baths

  • Bathrooms Total: 5.00
  • Bedrooms Total: 6

General Information

  • Cooling: Wall/Window, Ceiling Fan
  • Heating: Wall
  • Levels: One
  • Living Area: 3075
  • Living Area Source: Owner
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 5

Lot Information

  • Lot Size Acres: 0.1206
  • Lot Size Area: 5254
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 2

General Information

  • Number Of Units Total: 4
  • Other Structures: Other

2230 Delaware Ave 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.

2230 Delaware Ave Monthly Cost

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* 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.

2230 Delaware Ave 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

2230 Delaware Ave History

Date Event Value Agent
6/4/2026Source: CRMLS Added to Database
June 04, 2026
6/4/2026Source: TheMLS (CLAW) Added to Database
June 04, 2026
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