929 Idaho Ave is a meticulously maintained Santa Monica multifamily asset located just one block south of Montana Avenue, one of the Westside’s most desirable pedestrian-friendly retail corridors. Positioned among Santa Monica’s historic palm-lined streets and surrounded by multi-million dollar homes, this 10-unit investment offers the quintessential Westside lifestyle for high-income professionals seeking access to both the beach and premier urban amenities.

Spanning over 12,500 square feet of living space, 929 Idaho Ave features an ideal mix of (4) three-bedroom townhomes, (2) two-bedroom townhomes, and (4) one-bedroom units. Several interiors have been updated with modern, renter-friendly finishes such as wood laminate flooring, quartz or marble countertops, recessed lighting, and custom cabinetry and tile backsplashes. With spacious layouts, abundant natural light, and a location in one of the most supply-constrained multifamily zones in California, the building offers long-term rental growth potential and enduring tenant demand.

This Los Angeles multifamily asset has undergone major capital upgrades that reduce operational risk and increase investor confidence. Improvements include soft-story seismic retrofitting (completed), a new roof, copper plumbing, an updated electrical system, and dual-pane vinyl windows—offering peace of mind for years to come.

Residents benefit from unmatched walkability to the cafés, boutiques, and lifestyle offerings of Montana Avenue, while being only half a mile from Palisades Park and the Santa Monica coastline. Nearby employers include Santa Monica Hospital, Hulu, Lionsgate, and Snap Inc., making this location ideal for professional tenants in the tech, healthcare, and creative sectors.

For investors seeking an A+ location with in-place stability, long-term upside, and recent capital improvements, 929 Idaho Ave stands out as a premier Santa Monica multifamily investment in the heart of a world-renowned Los Angeles multifamily submarket.