153 W Channel Rd

Santa Monica, CA 90402

$7,495,000
Price
11
Beds
10
Baths
2,700 Sq. Ft.
$2,776 / Sq. Ft.
2,700
Sq. Ft.
$2,776
per Sq. Ft.
Listed By Compass
Listed By Compass
a front view of a house with a yard and garage
an aerial view of multiple house
a living room with furniture and a wooden floor
a living room with furniture and a flat screen tv
a bedroom with a bed and wooden floor
a kitchen with a refrigerator and white cabinets
a kitchen with stainless steel appliances granite countertop a table chairs sink and cabinets
a front view of a house with a garden
an aerial view of multiple house
a view of a chairs and table in backyard
a view of a white house with a big yard and large trees
a aerial view of multiple house
a view of a house with roof deck and furniture
a view of a black and white wall
a view of a lake with a city
an aerial view of a city
a aerial view of a house with swimming pool and porch
a view of a city
a view of a building
a aerial view of a house with a yard patio and garage
a living room with furniture and a flat screen tv
a view of city and ocean
a view of balcony with furniture
a living room with furniture and a flat screen tv
a front view of a house with a yard
a view of a balcony with wooden floor and city view
a kitchen with a sink stove and cabinets
a view of a tree with a yard
a living room with furniture and wooden floor
a bedroom with furniture and a wooden floor
a view of a street
a bedroom with a large bed and a window
a bathroom with a sink toilet and shower
a view of a house with a yard and potted plants
a view of a chair and table in the garden
a front view of a house with garden
a view of a patio with couches and table and chairs and potted plants
a front view of a house
a view of a yard with a house
a view of a house with a yard
a view of a cars park in front of house
a living room with furniture
a car parked in front of a house
a front view of a house with a plants
a front view of a house with a garden and deck
a view of a house with a yard
a view of a street with seating area
a white toilet sitting next to a bathroom sink
a bathroom with a sink toilet and tub
a bedroom with a bed and a window

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...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 2 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 $143,532 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 $378,548 Gross income at a 3.46 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.

Property Details for 153 West Channel Road

Zoning
LAC2
Style
Contemporary Mediterranean
Property Attached YN
true
Parcel Number
4410012028
Total Units
9.0
Living Area
2700
Source Living Area
Vendor Enhanced
Area
Pacific Palisades (C15)
LISTING UPDATED: 11/04/2025 12:01 PM

Property Details for 153 West Channel Road

StatusActive
MLS #25493967
Days on Market322
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1960
Lot Size0.39 AC / 17,136 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, James Allan, DRE #01180635
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Building Information for 153 West Channel Road

Stories2Residences-Year Built1960Building Size-Lot Size0.39 AC / 17,136 SF

Payment Calculator

$37,217 per month

30 year fixed, 6.28% Interest

Principal and Interest

$37,035

Property Taxes

$182

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 153 West Channel Road

Community / Development
Community / Development
  • Number Of Units: 9
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: 9
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $378,548
  • Net Operating Income: $259,411.00
  • Gross Income: $378,548
  • Cap Rate: 3.46%
  • Gross Rent Multiplier: $19.70
  • Total Annual Expense: 119137
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0962
  • Lot Size Square Feet: 17136
Parking Details
Parking Details
  • Parking Garage: Driveway, Assigned
  • Total Parking: 0
  • Parking Features: Driveway, Assigned
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Ceiling Fan
  • Cooling Type: Ceiling Fan
  • Heating: Wall
  • Heating Type: Wall
  • Equipment: Dishwasher, Microwave
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-04-2025
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $8,000.00
  • Unit Actual Rent: $8,000.00
  • Unit Projected Rent: $8,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,433.00
  • Unit Actual Rent: $2,433.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,000.00
  • Unit Actual Rent: $3,000.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,211.00
  • Unit Actual Rent: $2,211.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,750.00
  • Unit Actual Rent: $3,750.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit 9 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,000.00
  • Unit Actual Rent: $3,000.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $70,667.00
  • Assessed Improvement Percent: 49.92
  • Assessed Land Value: $70,903.00
  • Assessed Land Percent: 50.08
  • Assessed Total Value: $141,570.00

Property History for 153 West Channel Road

DateEvent & SourcePriceAppreciation
Feb 4, 2025

Listed (Active)

CLAW #25493967

$7,495,000—
Feb 4, 2025

Listed (Active)

CRMLS #25493967

$7,495,000—
Jan 13, 2025

Expired

CLAW #24-345583

$7,945,000—
Jan 13, 2025

Expired

CRMLS #24345583

—
Oct 11, 2024

Withdrawn / Cancelled

CLAW #24-345583

$7,945,000—
Oct 11, 2024

Withdrawn / Cancelled

CRMLS #24345583

$7,945,000—
Mar 15, 2024

Expired

CLAW #23-250871

$2,400,000—
Mar 14, 2024

Expired

CRMLS #23250871

$2,400,000—
Jan 16, 2024

Listed (Active)

CLAW #24-345583

$7,995,000—
Jan 16, 2024

Listed (Active)

CRMLS #24345583

$7,995,000—
Nov 28, 2023

Withdrawn / Cancelled

CRMLS #23250871

—
Nov 28, 2023

Withdrawn / Cancelled

CLAW #23-250871

$2,400,000—
Mar 15, 2023

Listed (Active)

CRMLS #23250871

$2,400,000—
Mar 15, 2023

Listed (Active)

CLAW #23-250871

$2,400,000—
DateEvent & SourcePrice
02/04/2025

Listed (Active)

CLAW #25493967

$7,495,000
02/04/2025

Listed (Active)

CRMLS #25493967

$7,495,000
01/13/2025

Expired

CLAW #24-345583

$7,945,000
01/13/2025

Expired

CRMLS #24345583

—
10/11/2024

Withdrawn / Cancelled

CLAW #24-345583

$7,945,000
10/11/2024

Withdrawn / Cancelled

CRMLS #24345583

$7,945,000
03/15/2024

Expired

CLAW #23-250871

$2,400,000
03/14/2024

Expired

CRMLS #23250871

$2,400,000
01/16/2024

Listed (Active)

CLAW #24-345583

$7,995,000
01/16/2024

Listed (Active)

CRMLS #24345583

$7,995,000
11/28/2023

Withdrawn / Cancelled

CRMLS #23250871

—
11/28/2023

Withdrawn / Cancelled

CLAW #23-250871

$2,400,000
03/15/2023

Listed (Active)

CRMLS #23250871

$2,400,000
03/15/2023

Listed (Active)

CLAW #23-250871

$2,400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 153 West Channel Road

Taxable ValueLand$73,767Additions$73,961Total$147,728
Tax Record2025$2,185 ($182 / month)
Home Facts
Total Finished SqFt2,700 SqFtAbove Grade Finished SqFt2,700 SqFtLot Size4,190 SqFtStyleQuadraplexYear Built1960ZoningLAC2CountyLOS ANGELESAPN4410-012-028

Schools near 153 West Channel Road

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Canyon Elementary School
Charter - K to 5
Paul Revere Middle School
Charter - 6 to 8
Palisades Charter High School
Charter - 9 to 12
Animo Venice Charter High School
Charter - 9 to 12
Rating
School
Distance
Canyon Elementary School
CharterK to 5

Paul Revere Middle School
Charter6 to 8

Palisades Charter High School
Charter9 to 12

Animo Venice Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 153 West Channel Road, Santa Monica, CA 90402

153 West Channel Road is a multi-family home for sale in Santa Monica, CA 90402. This property was listed for sale on February 4, 2025 by Compass, it's currently listed at $7,495,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Canyon Elementary School, Paul Revere Middle School and Palisades Charter High School. 153 West Channel Road is a 11-bed, 10-bath, 2,700 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, James Allan, DRE #01180635

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.