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  • 440 Raymond Avenue

440 Raymond Avenue, Santa Monica, CA 90405

$7,750,000 Approx. USD 28 beds, 28 baths
15,820 sqft
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The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
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Lic#: 01276603
NRDS ID: 187514104
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Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com
Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700
Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Listing Agent


Don Favia | dfavia@riacre.com
Lic#: 01841258
Broker: Courtesy of Realty Investment Advisors, Inc.
Phone: 424-377-6002

Co Listing Agent


Benjamin J. Hsiang | bhsiang@riacre.com
Lic#: 01438644
Broker: Courtesy of Realty Investment Advisors, Inc.
Phone: 424-377-6001

Agent Remarks

*NOW TOURING* We are proud to present 440 Raymond Ave, a 20-unit multifamily investment opportunity located in the highly sought-after Ocean Park neighborhood of Santa Monica. Held by the same family since 1997, this offering represents a rare opportunity to acquire a Westside asset being offered for sale for the first time in nearly 30 years. Featuring a desirable courtyard-style layout, the property has benefited from significant capital improvements throughout ownership, including a complete copper plumbing repipe, newer above grade sewer pipes, completed seismic retrofit work, security enhancements, and numerous common area improvements. Additionally, 15 of the property's 20 units have been renovated with updated kitchens and bathrooms, quartz countertops, upgraded cabinetry, wood flooring, ceramic tile finishes, crown molding, LED lighting, and updated appliances. Ownership has completed extensive renovations while leaving additional upside through continued unit turnover.Positioned approximately five blocks from the Pacific Ocean, residents enjoy convenient access to Main Street Santa Monica's restaurants, cafes, boutiques, fitness studios, and neighborhood-serving retail. The property is also located near the Santa Monica Farmers Market, Santa Monica Pier, Abbot Kinney,Third Street Promenade, and the beach bike path. Located in the heart of Silicon Beach, 440 Raymond Ave benefits from proximity to major employment centers throughout Santa Monica, Venice, Playa Vista, Marina del Rey, and Culver City. Convenient access to Lincoln Boulevard, Pacific Coast Highway, and the I-10 Freeway further enhances accessibility throughout the Westside.440 Raymond Ave offers investors a rare opportunity to acquire a well-located Ocean Park apartment asset being offered for sale for the first time in nearly 30 years, with extensive renovations, a walk-to-beach location, and continued rental upside.

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 26848557
Price: $7,750,000
Beds: 28
Baths: 28
Built in 1969
15,820 sqft
2 stories
0.32 acres
Lot size: 0.3171
County: Los Angeles
Zoning: SMOP2*
Interior features: Crown Molding
Appliances: Oven,Refrigerator
Parking description: Controlled Entrance,Covered,Garage,Garage Door Opener,Community Structure
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C14 - Santa Monica

Last Updated: 9/16/2026

 Days On Market (DOM): 92

 Find more Santa Monica homes and real estate

 Find more homes in 90405 zip code

This listing belongs to the C14 - Santa Monica MLS area

Lat/Long: 34.002384, -118.478249.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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