*New List Price: $1,992,000 - $103,000 Price Reduction* Vacant 2 Bedroom We are pleased to present the exclusive listing of 1943 19th Street, a well-maintained triplex located in the heart of Santa Monica's dynamic Pico neighborhood. Built in 1999, this contemporary property consists of three spacious units totaling… Read More approximately 3,011 square feet, situated on a generous 8,009-square foot lot. The offering presents a rare opportunity to acquire a newer construction asset in a supply-constrained, coastal submarket with long-term upside through renovation or repositioning. Each of the three units is thoughtfully laid out, combining functionality and comfort with features including in-unit laundry, gated access, and dedicated parking. The property boasts a total of seven bedrooms and four bathrooms, providing a strong and flexible unit mix that appeals to families, students, and professionals alike. With Santa Monica College blocks away and the beach within a two-mile radius, 1943 19th Street offers a highly walkable and transit-accessible location in one of West LA's most desirable rental corridors. Nearby amenities include the Sunset Park retail strip, Whole Foods, Virginia Avenue Park, and a host of boutique cafes and fitness studios that contribute to the area's strong tenant demand. The Pico neighborhood is characterized by its mix of single-family homes and small multifamily properties, offering a true residential feel while still providing proximity to major employment hubs in Santa Monica, Culver City, and the Westside. The neighborhood's appeal continues to grow with local infrastructure improvements, including bike lanes and public transit enhancements, supporting both quality of life and sustained rental demand. This property has been held by the same ownership for nearly a decade and has historically performed with stable income. As Santa Monica maintains strict development and rent control policies, properties such as 1943 19th Street with modern construction and low deferred maintenance are uniquely positioned to benefit from long-term appreciation and rent growth over time. Whether acquired as a long-term hold or partially owner-occupied investment, 1943 19th Street represents an exceptional opportunity to own a pride-of-ownership triplex in one of Santa Monica's enduring and sought-after neighborhoods. Read Less
Property listed by Marcus & Millichap, Eliyahu Appel 818-212-2700
Listing Snapshot
Days Online
85
Last Updated
Property Type
Other
Beds
7
Square Ft.
3,011
Lot Size
0.18 Acres
Year Built
1999
MLS Number
25557067
30 Days Snapshot Of 90404
$886k
-1%
(avg) sold price
5
+25%
homes sold
57
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1999, Building area total: 3,011, Levels: Two, Living area: 3011, 2 stories, 2 buildings
Heating
Central
Income
Gross income: $125,652, Net operating income: $86,473
Lot
0.1837 acres, 8,002 square feet, Size: 8,002
Parking
6 totals parking, Gated
Property
Zoning: SMR2*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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