Main Street
2216 Main Street – Qualified Buyer Offers Only
Marketing description
2216 Main Street presents a rare opportunity to own a premier 8-unit mixed-use property just one block from the beach in the heart of Santa Monica. Perfectly positioned near popular shops, restaurants, and cafes, this property combines lifestyle appeal with strong investment potential in one of Los Angeles' most desirable neighborhoods. The building features seven residential units and one street-facing retail space. The residential mix includes six spacious 1-bedroom units, ranging from approximately 659 to 842 rentable sq. ft., each offering private outdoor areas between 48 and 237 sq. ft. These units offer a comfortable, beachside living experience that tenants seek out year-round. The standout feature is the townhouse-style owner's unit, measuring approximately 2,550 rentable sq. ft. This 3-bedroom, 2.5-bath home has 1,200 sq. ft. of private outdoor space, including a rooftop deck with ocean views offering the privacy and comfort of a single-family home, with all the perks of income property ownership. The retail unit, approximately 434 rentable sq. ft., offers Main Street frontage and excellent visibility in a high-foot-traffic area perfect for a boutique business or steady lease income. An added advantage is the 16 on-site parking spaces, a rare and highly valuable amenity in this sought-after coastal market. Whether you're an investor seeking a trophy location or an owner-user looking to live steps from the beach while generating revenue, this property offers incredible flexibility. With its unbeatable location, strong rental demand, and turnkey layout, 2216 Main Street is a truly exceptional long-term asset. Don't miss your chance to own a one-of-a-kind property that delivers both lifestyle and financial upside in iconic Santa Monica.
Investment highlights
Thank you for your interest in 2216 Main Street in Santa Monica.
We’ve received strong early interest in the property and are preparing to move forward with a formal call for offers.
As you’ve likely seen, this is a rare opportunity to acquire a 2007-built asset not subject to local Santa Monica rent control, allowing for significantly greater operational flexibility. The property is governed by statewide rent regulations (AB 1482), which still permits meaningful annual rent growth and value realization.
The property offers a compelling combination of:
- High-quality construction and unit mix
- Prime Main Street location just blocks from the beach
- Stable in-place income
- Clear, achievable value-add through interior unit upgrades and market alignment
Current rents provide a solid baseline, with additional upside driven by renovating units to meet market standards and capturing higher achievable rents in the submarket.
Offer Guidelines:
- Please submit your offer as soon as possible
- Include purchase price, proof of funds, and financing terms (if applicable)
- Indicate your proposed timeline for due diligence and closing
We are prioritizing clean offers with strong execution certainty, and ownership is prepared to move quickly with the right buyer.
If you would like access to additional information or to schedule a tour, feel free to reach out directly.
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