| Primary address | 638 Grant Street, Santa Monica |
| Zip code | 90405 |
| County | Los Angeles |
| Municipality | Santa Monica |
| Neighborhood | Ocean Park |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 09/24/2019 |
| Sale price | $2,395,000 |
| Arm's length | Register |
| Current property tax | $33,856 |
| Building sqft | 3,740 |
| Building class | Five or More Apartments or Units - 4 Stories or Less (0500) |
| Acreage | 0.135
|
| Units | 8 |
| Year built | 1957 |
| Year last altered | 1970 |
| Stories | 4 |
| Zoning district | Register |
| Weed hazard | No |
| School district | Santa Monica-Malibu Unified School District |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab. For more property insights, including its Energy Star score, its Existing Buildings Energy and Water Efficiency Program (EBEWE) status, and additional energy and water usage data, create an account.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
638 Grant Street, Santa Monica, CA 90405 was built in 1957 and has a total of 3,740 square feet.
What is the assessed value of 638 Grant Street, Santa Monica, CA 90405 and the property tax paid?Assessed at $2,673,845, the tax amount paid for 638 Grant Street, Santa Monica, CA 90405 is $32,187.
When was 638 Grant Street, Santa Monica, CA 90405 last sold and what was the last sale price?638 Grant Street, Santa Monica, CA 90405 was last sold in 09/24/2019 for $2,395,000.
How many residential units does this building have?This building has 8 residential unit(s). There are 1 active listings at this address.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Sale |
|---|---|
| Listing date | 11/10/2025 |
| Last updated | 02/03/2026 |
| Lot size | 0.1354 Acre |
638 Grant Street is a well-maintained 1957 garden-style apartment building positioned in the desirable Ocean Park neighborhood of Santa Monica, a premier coastal submarket renowned for its walkability, beach proximity, and high barriers to entry.Featuring eight units within approximately 3,740 square feet on a 5,897-square-foot lot, the property presents a low-density, turnkey value-add play with robust upside through rent optimization and minimal enhancements. Its location in a sought-after area with strong lifestyle appeal supports premium occupancy and investor confidence over the long term. The building offers a functional mix of four one-bedroom, one-bath units (approximately 570 square feet each) and four studio units (around 375 square feet), catering to singles, couples, and remote workers drawn to Santa Monica's vibrant community. Current rents lag market rates by roughly 15-20 percent, allowing for substantial growth via unit turnovers and updates including refreshed interiors, appliances, and finishes—executable with low disruption. Pro forma projections indicate annualized gross income of $227,400, delivering a 5.68 percent cap rate at a $2,657,000 valuation. While current use is optimal with no immediate ADU conversion noted, the site's SMOP2* zoning (Santa Monica Ocean Park Medium Density) accommodates multi-family operations and potential minor densification pending local review. Physical condition is neutral with no significant deferred maintenance evident, though limited on-site parking (supplemented by street spaces) may influence tenant selection in this car-light market. Recent records show no major capital expenditures, emphasizing operational efficiency and cosmetic value creation. Subject to Santa Monica's rent control regulations, the property features a blend of month-to-month and fixed-term leases, enabling phased rent increases. Positioned outside major hazard zones, it benefits from coastal stability. In essence, 638 Grant Street provides a premium Santa Monica multi-family asset with significant percent achievable rent premium, a compact and efficient unit configuration, and strong submarket fundamentals for sustained yield and appreciation.
Create a free account to view the complete sales history for 638 Grant Street, Santa Monica, including title documents, transfer conditions, mortgages and liens.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 638 Grant Street, Santa Monica, CA 90405. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Base tax | $32,188 |
| Current property tax | $33,856 |
| Market value | $2,673,845 |
Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.
| Code | Description | Tax levied |
|---|---|---|
| 00194 | Health License Fees | Register |
| 03694 | La County Regional Park And Open Space District | Register |
| 03071 | Los Angeles County Flood Control | Register |
| 00170 | Los Angeles County Trauma/Emerg Srvs | Register |
| 00177 | Safe, Clean Water Program Funding Measure W | Register |
Here's the assessment & property tax history for 638 Grant Street, Santa Monica, including the evolution of the total tax rate and corresponding property tax.
| Year | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|
| 2025-2026 | $2,673,845 | 1.2038 | $32,188 | +6.57% |
| 2024-2025 | $2,621,460 | 1.1522 | $30,204 | +1.61% |
| 2023-2024 | $2,570,102 | 1.1566 | $29,726 | +1.17% |
| 2022-2023 | $2,519,751 | 1.1661 | $29,383 | +2.33% |
| 2021-2022 | $2,470,387 | 1.1623 | $28,713 | +0.67% |
The complete history of permits filed for 638 Grant Street, Santa Monica, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Santa Monica so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Santa Monica and compare it to other neighborhoods in Los Angeles County.
Check out recently sold homes in Santa-Monica and see how their prices compare.
| Total population | 27,298 |
| Median age | 43.1 |
| Average household income | $192,151 |
| Family households | 39.4% |
| Occupied housing units | 14,312 |
| Owner occupied units | 31.4% |
| Average number of people per household | 1.89 |
| Median year structure built | 1963 |
| Median value for units with a mortgage | $2,000,001 |
| Median value for units without a mortgage | $1,627,000 |
Create a free account to unlock extended information for 638 Grant Street, Santa Monica, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Faults and tsunami inundation zone map | Register |
| Landslides and liquefaction map | Register |
Access the detailed traffic volume map for 638 Grant Street, Santa Monica to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Here are the neighbors for 638 Grant Street, Santa Monica.