# 153 W Channel Rd, Santa Monica, CA 90402

> **TL;DR:** 11bd/10ba residential multi family, $7,495,000 ($2776/sqft), built 1960, 2,700 sqft. Est. $32,478/mo. Listed 84 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $7,495,000 |
| Price/sqft | $2776 |
| Bedrooms | 11 |
| Bathrooms | 10 full |
| Square Feet | 2,700 |
| Year Built | 1960 |
| Lot Size | 4,190 sqft (0.10 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 84 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $32,478 |
| **Total** | **$32,478** |

## Property Highlights

- Built in 1960
- 0.10 acre lot
- 2 stories

## Description

### Agent Description
Rare development opportunity located in the Santa Monica Canyon located 1/5 Block from the Beach. Property is situated between W Channel Rd and backs onto Chautauqua Blvd.17,136 sq ft total lot size comprised of 4 separate parcels currently with two 4 unit buildings, 1 Single Family house and 1 vacant lot. All parcels are to be sold concurrently together. Santa Monica mailing address but LA City for Building codes. Potential to build 30-59 Units .Current zoning C-2Q would allow 30 Units and R-4 density bonus could allow up to 59 units if parking limits are met. 153 W Channel Rd is a 4 unit Ocean View apartment building with a current gross Income of $139,016 year with 3 units vacant at close of escrow.157 W Channel Rd is a 2 story 1928 4 unit Building with Canyon and Ocean Views with current gross income of $158,532 with 3 units being delivered vacant at close. (Market rent for vacant units being used for current Income) The 3 Bd 2 Ba Single Family w/ some Ocean View, home approx. 1500 sq ft (Owners Home) vacant at close of escrow with projected rent of $96,00 yearly with a total of $393,548 Gross income at a 3.65 cap with Additional vacant 4488 sq ft lot being used as a garden. Potential market rent at $444,000 at 4 cap. Preliminary Development feasibility for the property has been conducted and renderings provided by Ketter Construction and development firm at 30 Units with 1 Commercial space and a Gym which could later be converted to ADU.

## Location

- **Address:** 153 W Channel Rd, Santa Monica, CA 90402
- **County:** Los Angeles
- **Coordinates:** 34.029255, -118.518623
- **Google Maps:** https://www.google.com/maps?q=34.029255,-118.518623

## Listing Agent

- **Name:** James Allan
- **Brokerage:** Compass
- **Phone:** 3107040007
- **Email:** james.allan@compass.com

## Primary Photo

![153 W Channel Rd - Primary Photo](http://lh.rdcpix.com/e5c88b7098c92a2c5a75882ba1ab8a3bl-f1894055428r.jpg)

*74 total photos available on [listing page](https://www.propertysimple.com/listing/153-w-channel-rd-santa-monica-ca-90402-26638663)*

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**MLS#:** 26638663 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/153-w-channel-rd-santa-monica-ca-90402-26638663)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "153 W Channel Rd, Santa Monica, CA 90402",
  "description": "Rare development opportunity located in the Santa Monica Canyon located 1/5 Block from the Beach. Property is situated between W Channel Rd and backs onto Chautauqua Blvd.17,136 sq ft total lot size comprised of 4 separate parcels currently with two 4 unit buildings, 1 Single Family house and 1 vacant lot. All parcels are to be sold concurrently together. Santa Monica mailing address but LA City for Building codes. Potential to build 30-59 Units .Current zoning C-2Q would allow 30 Units and R-4 ",
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  "datePosted": "2026-04-24",
  "price": 7495000,
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    "latitude": 34.029255,
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  "numberOfRooms": 11,
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    "value": 2700,
    "unitCode": "FTK"
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```