REI Lense

REI Lense

Santa Monica, CA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Santa Monica, CA. Based on 10+ datapoints.

Santa Monica, CA Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

1.4%

Avg Cash on Cash

-23.7%

Median Cashflow

-$13,396/mo

Avg Rent Estimate

$6,799/mo

Avg Price

$3,131,282

Price Range

$1,826,300 - $4,950,000

Rent to Price

0.22%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Santa Monica, CA

Santa Monica, CA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 1.4%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 10+ analyzed properties, the median monthly cashflow in Santa Monica, CA is -$13,396 with average rents of $6,799/month. Properties range from $1,826,300 to $4,950,000, offering entry points across multiple investment budgets.

712 Copeland Ct, Santa Monica, CA 90405

Price

$1,826,300

Rent

$5,235

CachFlow

-$7,380

CoC

-23.09

Full Analysis

315 17th St, Santa Monica, CA 90402

Price

$4,950,000

Rent

$7,179

CachFlow

-$21,752

CoC

-25.11

Full Analysis

454 E Rustic Rd, Santa Monica, CA 90402

Price

$2,899,000

Rent

$7,839

CachFlow

-$10,306

CoC

-20.31

Full Analysis

2312 32nd St, Santa Monica, CA 90405

Price

$2,182,400

Rent

$5,678

CachFlow

-$9,589

CoC

-25.11

Full Analysis

507 W Rustic Rd, Santa Monica, CA 90402

Price

$3,640,900

Rent

$6,032

CachFlow

-$17,316

CoC

-27.18

Full Analysis
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Santa Monica, CA Rental Market Insights

  • Median cashflow is -$13,396/month — careful deal selection is essential here
  • 1.4% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Santa Monica, CA requires selective property picks
  • Premium market with properties from $1,826,300 to $4,950,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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