Property Detail
Description
210 California Ave presents a fully vacant coastal multifamily opportunity located in Santa Monica's premier 90403 neighborhood, one of Los Angeles' most supply-constrained and highest-demand rental markets. Withdrawn under the Ellis Act in 2019, the property has completed all required timelines and is now eligible to be reintroduced at full market rents. Built in 1962, this 9,346 SF, 11-unit building sits on a 7,498 SF corner lot just one block from Ocean Avenue, with partial ocean views on select units. 210 California offers investors a rare blank-canvas value-add or redevelopment play in a trophy coastal location. The existing unit mix six 2BD/2BA units, four 1BD/1BA units, and one studio, supports multiple repositioning strategies, from premium interior renovations to a full reconfiguration or entitlement-driven redevelopment (buyer to verify). With all units delivered vacant, investors can immediately begin rehabilitation and execute a streamlined lease-up at prevailing Santa Monica rents, supported by strong tenant demand, high household incomes, and strict long-term supply constraints. Situated steps from the beach, Palisades Park, Montana Avenue, and the 3rd Street Promenade, the asset benefits from exceptional walkability, affluent demographics, and resilient rental fundamentals. This is a highly executable coastal value-add opportunity with significant NOI growth potential and durable long-term equity.
Map Location
Listing provided courtesy of Tony Azzi of Tony Azzi. Last updated 2025-12-14 09:11:19.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
Get Directions
858.252.0200
Inquire Now
Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
Interested in Pacific Beach property, specifically? Check out PacificBeach.RealEstate
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. © 2020 SDMLS ~ By contacting John Collins / Collins Coastal, you agree to receive customer service texts from this business. We will not send you messages without your consent and we will not sell your data. Providing your contact information is confirmation you agree to receive text messages and/or calls from John Collins / Collins Coastal, your phone provider may have fees for this service. Message frequency varies. You may reply STOP at any time to cancel or call us at 858.252.0200.
Powered By:
