Santa Monica Multifamily Market
Apartment building listings, closed transactions, and local property context
A closer look at Santa Monica
Reviewed September 13, 2026. The selected transaction study covers reported closings from June 7, 2024–July 8, 2026. This page’s subset contains 1 sale in Santa Monica, totaling 10 units. The single observed price per unit is $265,000.
Source: the linked public transaction records and calculations in the study. This selected sample is not a complete local sales count or a market-wide benchmark. One transaction cannot establish a local trend.
For a Santa Monica pricing review, reconcile each controlled unit’s lease and collections with the city’s maximum allowable rent lookup. A comparable’s price per unit alone does not describe the income a buyer can collect.
Santa Monica Multifamily Market Overview
Santa Monica is an independent coastal city with its own rent-control framework, varied multifamily building stock, and access to the Metro E Line.
Listings and Transactions in Santa Monica
Closed Transactions
Neighborhoods in Santa Monica
Downtown Santa Monica
Commercial and residential core near Third Street Promenade and the Metro E Line terminus
Ocean Park
Coastal neighborhood south of Downtown Santa Monica with apartments near Main Street
Mid-City Santa Monica
Central residential district with apartment buildings and neighborhood commercial corridors
Montana Avenue
Northern Santa Monica commercial corridor bordered by low-rise residential blocks
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