Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

238 Bicknell Ave
Santa Monica, CA 90405
Multifamily Property For Sale · 4 Units

Executive Summary

The Bicknell Residences is a multifamily property located in the Ocean Park neighborhood of Santa Monica. Duplex per public record; four units on site. Buyer to verify legal status and permits. Originally constructed in 1920, the property features approximately ±2,369 square feet of improvements situated on a ±6,006 square foot lot. The property offers a unit mix consisting of one two-bedroom, one-bathroom unit with office, and three one-bedroom, one-bathroom units, including configurations with a den and utility room. The improvements reflect classic Santa Monica architectural character, including traditional design elements, original wood siding, and period detailing. Select units feature updated interiors, while others retain original finishes. Lower units provide both front and rear access, offering functional separation and flexibility of use. The property includes four detached garages and a shared on-site laundry area. The site layout incorporates a rear patio area adjacent to the garage structure. Buyer to verify potential uses and development standards. The property is master metered for water and separately metered for gas and electricity. Each unit is equipped with an individual water heater. Ocean Park is a well-established coastal neighborhood known for its residential setting, walkability, and proximity to neighborhood amenities. The property is located near Main Street, providing access to a range of dining, retail, and service-oriented uses. The location offers proximity to the Santa Monica Pier, Third Street Promenade, and surrounding coastal destinations, as well as nearby parks and recreational areas. The property also provides convenient access to Lincoln Boulevard, Pico Boulevard, Santa Monica Boulevard, and the I-10 Freeway, connecting to Santa Monica, Venice, Culver City, Westwood, Century City, and other Westside employment centers. Buyer to verify all property details, including square footage, unit configuration, zoning, permits, and allowable uses.

Property Facts

Price Per Unit $525,000
Sale Type Investment
Cap Rate 2.84%
Gross Rent Multiplier 19.48
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 2,369 SF
No. Stories 2
Year Built 1920
Parking Ratio 1/1,000 SF
Zoning SMOP2*

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 - -
2+1 1 - -

Property Taxes

Property Taxes

Parcel Number
4289-017-018
Land Assessment
$258,697
Improvements Assessment
$60,197
Total Assessment
$318,894
  • Listing ID: 40006624

  • Date on Market: 4/2/2026

  • Last Updated:

  • Address: 238 Bicknell Ave, Santa Monica, CA 90405

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}