440 Raymond Ave

Property Overview

440 Raymond Ave is a 20-unit multifamily property in Santa Monica's Ocean Park neighborhood. Offered at $7,750,000, the pricing equates to $387,500 per unit and $489.89 per building square foot. The 1969-built property sits on a 13,807 SF lot with 15,820 SF of building area. For buyers targeting Santa Monica multifamily inventory at scale, 440 Raymond offers a rare Ocean Park address with a straightforward unit-count story and clean headline metrics.

Investment Highlights

• Just listed 20-unit multifamily in Ocean Park.
• $7,750,000 asking price; $387,500 per unit.
• 15,820 SF building area; $489.89 per SF.
• 13,807 SF lot in Santa Monica.
• 1969 year built.
• Rare active Santa Monica multifamily offering with 20 units.

Neighborhood

Ocean Park is one of Santa Monica's most supply-constrained multifamily pockets, with renter demand supported by coastal access, neighborhood retail, and proximity to the broader Westside employment base.