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440 Raymond Avenue Santa Monica, CA 90405
$7,750,000 28 beds, 28 baths
15, 820 sqft
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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTORĀ® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
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Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915
Mission Viejo 23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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Fax: 949-587-0915
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Agent Remarks

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
MLS# 26848557
List price is $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: 6/17/2026

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This listing belongs to the C14 - Santa Monica MLS area

Lat/Long: 34.002384, -118.478249.
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Listing Agent: Don Favia
Co Listing Agent: Benjamin J. Hsiang
Lic#: 01234982
Office Name: Mission Viejo

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Out of households, are families.

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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTORĀ® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com

Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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