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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
$ 735,000
ROI
20.2
Cash Flow/m
31- 2 Bed
- 1 Bath
- 785 sft
1835 7th St APT D, Santa Monica, CA, 90401
$ 399,000
ROI
28.7Cash Flow/m
989- 1 Bed
- 1 Bath
- 722 sft
1912 Broadway APT 107, Santa Monica, CA, 90404
$ 799,998
ROI
24.0Cash Flow/m
864- 2 Bed
- 2 Bath
- 1267 sft
901 10th St APT 307, Santa Monica, CA, 90403
$ 829,000
ROI
20.8Cash Flow/m
159- 2 Bed
- 2 Bath
- 1287 sft
2677 Centinela Ave Unit 103, Santa Monica, CA, 90405
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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