What If Your Santa Monica Home Could Help Pay for Itself?

Imagine living in one of Santa Monica's most desirable neighborhoods…

Walking to your favorite coffee shop.

Heading to the beach whenever you want.

And collecting rental income from another home on your property.

 

That's the opportunity behind this unique duplex in Sunset Park.

 

This isn't your typical multifamily property.

Instead of two units stacked on top of each other, this property offers two stand-alone homes, each with its own private outdoor space, on a spacious 4,800 SF lot.

 

And the location?

That's hard to beat.

The beach is less than a mile away, while Lincoln Boulevard, Abbot Kinney, Rose Avenue, and Main Street are all close enough to enjoy the restaurants, boutiques, coffee shops, and local culture that make Santa Monica so desirable.

 

Live in One. Rent the Other.

This is where the property gets interesting.

The front home features two bedrooms, one bathroom, hardwood floors, an open living and dining area, and its own peaceful front yard surrounded by mature trees and greenery.

The rear home offers three bedrooms and one-and-a-half bathrooms, along with new windows, new kitchen cabinets, and generous outdoor space including a front yard and private patio.

The rear unit has a projected market rent of approximately $6,000 per month, creating an intriguing opportunity for an owner-occupant or investor.

 

Live in the front home while generating rental income from the rear.

Or rent both.

Or use one for loved ones.

The flexibility is one of the property's biggest advantages.

 

And Then There's the Garage

The property also includes an approximately 800 SF four-car garage.

For the right buyer, that's more than just parking.

It could represent additional opportunity to explore, including the possibility of conversion to additional living space or an ADU, subject to city approval, zoning, permits, and applicable requirements.

 

And that's an important distinction.

 

The potential is exciting—but any future conversion should be researched and verified with the City of Santa Monica before assuming it can be done.

 

Why Sunset Park?

Because location is everything.

Sunset Park offers something many buyers want but can't easily find:

 

Neighborhood charm with coastal convenience.

You can enjoy the peaceful, tree-lined feel of a residential neighborhood while remaining close to some of the Westside's most popular destinations.

Beach days.

Dinner on Main Street.

Shopping along Abbot Kinney.

Coffee on Rose Avenue.

And then home to your own private yard.

 

For an investor, the combination of location, two separate homes, outdoor space, and projected rental income makes this property worth a serious look.

 

For an owner-occupant, the opportunity to live in one home while generating income from the other can completely change the economics of owning in Santa Monica.

 

And for someone looking for a multigenerational setup, having two independent residences creates flexibility that's difficult to replicate.

 

That's what makes this property special.

It's not simply a duplex.

It's an opportunity to create a Santa Monica lifestyle while potentially putting one of your biggest assets to work.

If you've been searching for a Santa Monica duplex, Sunset Park home, beach-area investment property, multifamily property, or live-in investment opportunity, this is one worth seeing in person.

Ready to explore the possibilities?  See the video here >>> 1014 Pier Ave | Santa Monica Here 👇🏻

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Haven Realty Group
REAL Brokerage
714.398.1998

DRE 011821545

Listing courtesy of Shane Thornton