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John Francis O'Brien

johnfob@me.com +1(856) 287-3059

$ 7,750,000

Est. payment -/mo

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440 Raymond Ave Santa Monica, CA 90405

28 Beds

28 Baths

15,820 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,820 sqft

Price per Sqft $489

MLS Listing ID 26848557

Bedrooms 28

Construction Status Updated/Remodeled

Year Built 1969

Lot Size 0.317 Acres

Acres 0.3171

Property Sub-Type Multi-Family

Property Description

We are proud to present 440 Raymond Ave, a 20-unit multifamily investment opportunity located in the highly sought-after Ocean Park neighborhood of Santa Monica. Held by the same family since 1997, this offering represents a rare opportunity to acquire a Westside asset being offered for sale for the first time in nearly 30 years. Featuring a desirable courtyard-style layout, the property has benefited from significant capital improvements throughout ownership, including a complete copper plumbing repipe, newer above grade sewer pipes, completed seismic retrofit work, security enhancements, and numerous common area improvements. Additionally, 15 of the property's 20 units have been renovated with updated kitchens and bathrooms, quartz countertops, upgraded cabinetry, wood flooring, ceramic tile finishes, crown molding, LED lighting, and updated appliances. Ownership has completed extensive renovations while leaving additional upside through continued unit turnover.Positioned approximately five blocks from the Pacific Ocean, residents enjoy convenient access to Main Street Santa Monica's restaurants, cafes, boutiques, fitness studios, and neighborhood-serving retail. The property is also located near the Santa Monica Farmers Market, Santa Monica Pier, Abbot Kinney,Third Street Promenade, and the beach bike path. Located in the heart of Silicon Beach, 440 Raymond Ave benefits from proximity to major employment centers throughout Santa Monica, Venice, Playa Vista, Marina del Rey, and Culver City. Convenient access to Lincoln Boulevard, Pacific Coast Highway, and the I-10 Freeway further enhances accessibility throughout the Westside.440 Raymond Ave offers investors a rare opportunity to acquire a well-located Ocean Park apartment asset being offered for sale for the first time in nearly 30 years, with extensive renovations, a walk-to-beach location, and continued rental upside.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMOP2*

Rooms

Other Rooms None

Kitchen Granite Counters, Quartz Counters, Stone Counters, Tile Counters

Interior

Interior Features Crown Moldings

Heating Wall

Cooling None

Flooring Carpet, Engineered Hardwood, Vinyl Plank, Wood Laminate

Equipment Refrigerator, Range/Oven

Laundry Laundry Area

Exterior

Parking Features Community Garage, Controlled Entrance, Covered Parking, Door Opener

Garage Spaces 29.0

Pool None

Building

Lot Description 5 + Lots, Automatic Gate, Sidewalks

Story 2

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Realty Investment Advisors, Inc.

John Francis O'Brien

+1(856) 287-3059

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John Francis O'Brien

440 Raymond Ave Santa Monica, CA 90405

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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440 Raymond Ave