Condo Investment Properties for Sale in Santa Monica, CA
$ 750,000
ROI
20.9
Cash Flow/m
171- 2 Bed
- 2 Bath
- 1046 sft
2452 Chelsea Pl APT M, Santa Monica, CA, 90404
$ 650,000
ROI
20.6Cash Flow/m
101- 1 Bed
- 1 Bath
- 855 sft
201 Ocean Ave Unit 305B, Santa Monica, CA, 90402
$ 949,000
ROI
21.2Cash Flow/m
285- 3 Bed
- 2 Bath
- 1158 sft
1317 12th St APT 1, Santa Monica, CA, 90401
Currently Rented
$ 719,000
ROI
23.9Cash Flow/m
754- 3 Bed
- 2 Bath
- 1091 sft
1520 Princeton St APT 4, Santa Monica, CA, 90404
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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