Santa Monica, CA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Santa Monica short-term rental market based on reliable data.

Listings

624 / 1716

Reliable / Active

Cap Rate

3%

Middle-Earners Gross Yield

Revenue

$50,860

Middle-Earners Revenue

Occupancy

80%

Middle-Earners Occupancy

Home Value

$1,684,070

Median Home Sale Price

Top Earners

$99,802

Top-Earners Revenue

Santa Monica

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Santa Monica.

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C

Challenging to Investors

Santa Monica Regulations

Santa Monica permits only hosted home‑sharing, prohibiting entire‑unit STRs and enforcing strict occupancy, listing, and parking limits with heavy $1,000/day penalties and active audits; permitting is inexpensive but legal scope is narrow and non‑compliant activity is heavily deterred, creating significant investment risk.

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About Santa Monica

Santa Monica, California, is a vibrant coastal city situated in western Los Angeles County. The city boasts a population of approximately 90,000 residents and is located just around 16 miles (25 kilometers) west of downtown Los Angeles, making it an accessible and attractive destination for visitors.

Santa Monica is renowned for its picturesque beaches, iconic landmarks, and a bustling downtown area filled with shopping, dining, and entertainment options. The city's most famous landmark is the Santa Monica Pier, which features an amusement park, an aquarium, and numerous eateries. For more information, visit Santa Monica Pier official website.

Another significant landmark is the Third Street Promenade, a pedestrian shopping district in the downtown area that offers a mix of high-end retail stores, restaurants, and street performers. More details can be found on the Third Street Promenade official website.

Santa Monica is also home to the Annenberg Community Beach House, a public beach facility offering a swimming pool, a splash pad, and event spaces. Visitors can learn more by visiting the Annenberg Community Beach House website.

Given its coastal charm, mild climate, and close proximity to Los Angeles, Santa Monica presents an appealing option for short term rentals. The city offers plenty of activities to engage in, from beachside relaxation to exploring the numerous cultural attractions and parks, such as Tongva Park, a contemporary urban park with unique landscaping and ocean views. For more information, visit the Tongva Park website.

In summary, Santa Monica's blend of natural beauty, cultural landmarks, and thriving commercial areas make it a desirable location for short term rental opportunities.

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