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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Santa Monica, CA
Listed for sale today
$ 699,995
ROI
20.7
Cash Flow/m
122- 2 Bed
- 2 Bath
- 1072 sft
2249 20th St Unit 3, Santa Monica, CA, 90405
Listed for sale today
$ 559,000
ROI
23.5Cash Flow/m
521- 2 Bed
- 2 Bath
- 927 sft
2621 Centinela Ave APT 18, Santa Monica, CA, 90405
$ 799,000
ROI
21.1Cash Flow/m
222- 2 Bed
- 2 Bath
- 1042 sft
1659 Franklin St APT 6, Santa Monica, CA, 90404
$ 899,000
ROI
24.2Cash Flow/m
1022- 2 Bed
- 2 Bath
- 1474 sft
1040 4th St #106, Santa Monica, CA, 90403
Why Invest in Santa Monica, California?
Investing in condos in Santa Monica, CA offers a unique opportunity due to its strong rental market and high demand among renters. With an average rent of $3,500, the city boasts a rental yield of 5.5% and a cap rate of around 4.2%. As an investor, you can also expect stable appreciation rates and consistent cash flow in this desirable location.
6%
Avg. ROI
5.5%
Rental Yield
4.2%
Cap Rate
$800/mo
Avg. Cash Flow
$3500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Santa Monica is around $3,500 per month, making it a competitive market for both investors and renters.
Find Your Perfect Investment Property in Santa Monica, California
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