HUGE $745,000 REDUCTION FROM ORIGINAL LIST PRICE!!! We are pleased to offer for sale rare multifamily assets at 937 & 943 2nd Street in the coveted beachside community of Santa Monica. These side by side properties each have their own APN and share a beautiful stone paved courtyard. The properties boasts a great unit mix of 1 & 2 bedrooms, all with significant rental upside. Just a block to Montana Avenue and a block to the beach, these properties truly reflect the Santa Monica beachside vibe.937 & 943 2nd Street puts residents in the center of everything Santa Monica has to offer. Additionally, the property has on-site parking, an on-site laundry room (machines owned by Seller) and lushly landscaped grounds.
Property Details
Property Features
Property Information:
Year Built: 1955
Stories: 2
Living Area: 14,544 SqFt
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Jonathan Taksa
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 22
Exterior Features
Parking Information:
Parking: Assigned
Lot Features
Lot Information:
Lot Size: 0.34 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
School Info
Assigned Schools Information:
Santa Monica High School, Public District Grades 9-12
Lincoln Middle School, Public District Grades 6-8
Roosevelt Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: 1 block away from the Ocean and 1 block away from Montana Avenue
Price Information
Listing Price Info
Price Summary:
List Price: $8,450,000
Price Per SqFt: $581/SqFt
Tax Information:
Annual Amount: $55,692
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Santa Monica, CA.
This property is $6.6M more than the Median Sold Price and $529/SqFt less than other homes in Santa Monica, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24370305
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Jonathan Taksa
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/27/2024, 5:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 17, 2015
Apr 17, 2015Home Sold
$8,350,000
Mar 10, 2015
Mar 10, 2015Home Sold
$7,345,000
Oct 30, 2002
Oct 30, 2002Home Sold
$1,500,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$55,692
$4,636,218
2020
$54,783
$4,588,066
2019
$51,502
$4,498,105
2018
$51,260
$4,409,908
2017
$51,260
$4,323,441
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Roosevelt Elementary School
801 Montana Ave
Distance between this listing and this school0.51 miles
Public District Grades KG-5
Middle School
9
/10
Lincoln Middle School
1501 California Ave
Distance between this listing and this school0.96 miles
Public District Grades 6-8
High School
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school1.26 miles
Public District Grades 9-12
Assigned Schools
8
/10
Roosevelt Elementary School
801 Montana Ave
Distance between this listing and this school0.51 miles
Public District Grades KG-5
Nearby Schools
8
/10
Canyon Elementary School
421 Entrada Dr
Distance between this listing and this school0.95 miles
Public Charter Grades KG-5
9
/10
Franklin Elementary School
2400 Montana Ave
Distance between this listing and this school1.67 miles
Public District Grades KG-5
Assigned Schools
9
/10
Lincoln Middle School
1501 California Ave
Distance between this listing and this school0.96 miles
Public District Grades 6-8
Nearby Schools
7
/10
John Adams Middle School
2425 16th St
Distance between this listing and this school2.04 miles
Public District Grades 6-8
8
/10
Paul Revere Middle School
1450 Allenford Ave
Distance between this listing and this school2.42 miles
Public Charter Grades 6-8
Assigned Schools
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school1.26 miles
Public District Grades 9-12
Nearby Schools
3
/10
Animo Venice Charter High School
820 Broadway St
Distance between this listing and this school2.88 miles
Public Charter Grades 9-12
8
/10
New West Charter
1905 Armacost Ave
Distance between this listing and this school2.96 miles
The neighbors living near this home have an average income of $57,143. Residents of Santa Monica, CA typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 937 2nd St
What is the listing price of this property?
The listing price of 937 2nd St property is $8,450,000.
What type of property is this?
The property 937 2nd St is a house located in Santa Monica, California, 90403.
Is this property for sale now?
Active Listing: 937 2nd St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 937 2nd St are: Roosevelt Elementary School: GreatSchools Rating 8/10Lincoln Middle School: GreatSchools Rating 9/10Santa Monica High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $55,692 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 17, 2015 for $8,350,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 937 2nd St has 22 bedrooms and 20 bathrooms.
What is the square footage of this property?
The property 937 2nd St is 14,544 SqFt (source: MLS/tax record).
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This home is located at 937 2nd St in Santa Monica, CA and zip code 90403 in the Wilshire / Montana neighborhood. This 14,544 square foot home, which was built in 1955, sits on a 0.34 acre lot. Features: 22 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $8,450,000.
In March 2024 more than 13 listings in Santa Monica, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 19 were sold below. The inventory of homes for sale in Santa Monica, CA between February 2024 and March 2024 increased by 22.3%. In March 2024 median list price was $1,790,666 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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