1130 22nd St, Santa Monica, CA 90403

4-Plex Located in Northeast Santa Monica | Sold to Owner-User

Sold: $2,155,000


Property Highlights

  • Charming 4-unit property in the Franklin School District, built in 1925

  • Strong mix with (1) 2-bed / 1-bath front house, (1) attached studio, and (2) 1-bed /1-bath units in back

  • Front house fully remodeled with all-new stainless-steel appliances, new windows, central air, marble countertops and bathroom accents, all new fixtures & oak-tone wood floors throughout

  • Represented Seller who plans on executing a 1031 exchange into a NNN deal to meet their investment goals

  • Buyer was able to secure a generational asset to bring their family together after losing their homes in the Palisades fire

  • Some of the back units upgraded with newer countertops and appliances

  • Central courtyard between the two structures

  • Separate laundry and storage rooms ; 3 private garages for 4 cars total

  • 2,243 total SqFt on 5,913 SF lot zoned R2


The Deal Story

The Glaser Group is proud to announce the successful closing of 1130 22nd Street.

Located in the heart of Northeast Santa Monica, this 4-unit property offered a unique blend of charm, functionality, and long-term value—featuring a fully remodeled front house, an attached studio, and a rear duplex, all set on an R2-zoned lot in the coveted Franklin School District.

The Seller was referred to and chose our team because of our testamonials from past clients. He was impressed with our deep expertise in Westside multifamily sales and our commitment to clear, consistent communication. Together, we developed a strategic marketing plan that generated strong interest in a shifting market.

But this deal was about more than numbers. The Buyer, whose family lost multiple homes in the Palisades Fire, was searching for a property that could bring their loved ones back under one roof. They saw in 1130 22nd not just a solid investment—but a new beginning. They plan to occupy the property as a multigenerational family compound.

The Seller will be completing a 1031 exchange into NNN industrial assets out of state, better aligned with their personal business practices and long term investment goals. 

We’re proud to have helped both parties achieve their goals—and even more proud to have guided a deal rooted in trust, care, and long-term vision.

If you’re considering a sale or purchase, contact The Glaser Group at (310) 230-5157.




 

Exclusively Listed and Sold By:

Jake Glaser

(310) 230-5157

jake@lyonstahl.com


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