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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
$ 979,000
ROI
20.2
Cash Flow/m
27- 3 Bed
- 3 Bath
- 1392 sft
1339 26th St APT 1, Santa Monica, CA, 90404
Listed for sale 6 days ago
$ 999,000
ROI
22.6Cash Flow/m
698- 2 Bed
- 2 Bath
- 1474 sft
1040 4th St #106, Santa Monica, CA, 90403
$ 595,000
ROI
20.2Cash Flow/m
18- 1 Bed
- 1 Bath
- 632 sft
912 6th St UNIT 8, Santa Monica, CA, 90403
$ 729,000
ROI
22.0Cash Flow/m
391- 2 Bed
- 1 Bath
- 717 sft
1701 Washington Ave, 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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