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Pacific Luxury Investments, LLC offers a strong overall renter appeal, with an 8.3 expert rating, standout amenities, and a highly convenient location. Its value is competitive, supported by large windows, spacious bedrooms, large closets, an open layout, and practical features like a dishwasher, while the detailed listing and nearby schools add to its overall draw.
Things you’ll love
Middle school nearbyElementary school nearbyLess expensiveGreat for
Work-from-home| P | 2 bed | 1 bath | 750 sqft | $2,895 /mo | 1 unit available | **THIS IS A BELOW MARKET HOUSING (BMH) UNIT THROUGH THE CITY OF SANTA MONICA AND APPLICANTS MUST MEET CERTAIN FAMILY SIZE & INCOME REQUIREMENTS** **MINIMUM OF 2 PEOPLE MUST LIVE IN THE UNIT** **MAX ALLOWABLE COMBINED GROSS INCOME FOR 2 TENANTS IS $145,440** **MAX ALLOWABLE COMBINED GROSS INCOME FOR 3 TENANTS IS $163,560** **MAX ALLOWABLE COMBINED GROSS INCOME FOR 4 TENANTS IS $181,800** **MAX ALLOWABLE COMBINED GROSS INCOME FOR 5 TENANTS IS $196,320** Welcome to your new home nestled on a quiet street steps away from the beach. This Santa Monica apartment spans 750 square feet and features 2 bedrooms and 1 bathroom, plenty of natural light and a friendly neighborhood. This 2nd floor unit has a spacious living room that connects to the dining room in an open layout. The kitchen has plenty of room for cooking and includes a refrigerator, oven and stove. The 2 bedrooms are both spacious and have large closets with sliding doors with plenty of storage space. Recessed lighting throughout makes the unit cozy and bright. Pet friendly. 1 gated reserved parking spot included. City of Santa Monica parking permits are available for residents with proof of residency. 2 shared laundry rooms located in the building. Conveniently located close to the 1 and 10 freeways, Lincoln Blvd., 3rd Street Promenade and Santa Monica/Venice beach. Contact us for tours/showings. | |
| 2BR/1.0BA | 2 bed | 1 bath | 750 sqft | $2,995 /mo | 1 unit available | INTERIOR PHOTOS COMING SOON. **THIS IS A BELOW MARKET HOUSING (BMH) UNIT THROUGH THE CITY OF SANTA MONICA AND APPLICANTS MUST MEET CERTAIN FAMILY SIZE & INCOME REQUIREMENTS** **MINIMUM OF 2 PEOPLE MUST LIVE IN THE UNIT** **MAX ALLOWABLE COMBINED GROSS INCOME FOR 2 TENANTS IS $145,440** **MAX ALLOWABLE COMBINED GROSS INCOME FOR 3 TENANTS IS $163,560** **MAX ALLOWABLE COMBINED GROSS INCOME FOR 4 TENANTS IS $181,800** **MAX ALLOWABLE COMBINED GROSS INCOME FOR 5 TENANTS IS $196,320** Welcome to your new home nestled on a quiet street steps away from the beach. This Santa Monica apartment spans 750 square feet and features 2 bedrooms and 1 bathroom, plenty of natural light and a friendly neighborhood. This 2nd floor unit has a spacious living room that connects to the dining room in an open layout. The kitchen has plenty of room for cooking and includes a refrigerator, oven and stove. The 2 bedrooms are both spacious and have large closets with sliding doors with plenty of storage space. Pet friendly. 1 gated reserved parking spot included. City of Santa Monica parking permits are available for residents with proof of residency. 2 shared laundry rooms located in the building. Conveniently located close to the 1 and 10 freeways, Lincoln Blvd., 3rd Street Promenade and Santa Monica/Venice beach. Contact us for tours/showings. |
Let's explore this property.
Apartment Amenities
| Stainless Steel Stove |
Appliances
| Oven | Stainless Steel Oven |
| Stainless Steel Refrigerator |
Services
| Water and Trash |
One-time.
One-time. Refundable.
| Units | 28 |
|---|
**THIS IS A BELOW MARKET HOUSING (BMH) UNIT THROUGH THE CITY OF SANTA MONICA AND APPLICANTS MUST MEET CERTAIN FAMILY SIZE & INCOME REQUIREMENTS** **MINIMUM OF 2 PEOPLE MUST LIVE IN THE UNIT** **MAX ALLOWABLE COMBINED GROSS INCOME FOR 2 TENANTS IS $145,440** **MAX ALLOWABLE COMBINED GROSS INCOME FOR 3 TENANTS IS $163,560** **MAX ALLOWABLE COMBINED GROSS INCOME FOR 4 TENANTS IS $181,800** **MAX ALLOWABLE COMBINED GROSS INCOME FOR 5 TENANTS IS $196,320** Welcome to your new home nestled on a quiet street steps away from the beach. This Santa Monica apartment spans 750 square feet and features 2 bedrooms and 1 bathroom, plenty of natural light and a friendly neighborhood. This 2nd floor unit has a spacious living room that connects to the dining room in an open layout. The kitchen has plenty of room for cooking and includes a refrigerator, oven and stove. The 2 bedrooms are both spacious and have large closets with sliding doors with plenty of storage space. Recessed lighting throughout makes the unit cozy and bright. Pet friendly. 1 gated reserved parking spot included. City of Santa Monica parking permits are available for residents with proof of residency. 2 shared laundry rooms located in the building. Conveniently located close to the 1 and 10 freeways, Lincoln Blvd., 3rd Street Promenade and Santa Monica/Venice beach. Contact us for tours/showings.
How Pacific Luxury Investments, LLC compares to other nearby properties.
Positives
If you decide to upgrade your space, you can expect 2-bedrooms at Pacific Luxury Investments, LLC to be 45% less than the average for similarly sized apartments in Ocean Park.
| Month | Median Rent |
|---|---|
| June 2024 | $2,395 |
| July 2024 | $2,350 |
| August 2024 | $2,329 |
| September 2024 | $2,326 |
| October 2024 | $2,195 |
| November 2024 | $2,275 |
| December 2024 | $2,270 |
| January 2025 | $2,303 |
| February 2025 | $2,421 |
| March 2025 | $2,279 |
| April 2025 | $2,199 |
| May 2025 | $2,184 |
| June 2025 | $2,183 |
| July 2025 | $2,119 |
| August 2025 | $2,015 |
| September 2025 | $2,067 |
| October 2025 | $2,125 |
| November 2025 | $2,087 |
| December 2025 | $2,092 |
| January 2026 | $2,195 |
| February 2026 | $2,193 |
| March 2026 | $2,097 |
| April 2026 | $2,091 |
| May 2026 | $1,996 |
| June 2026 | $1,995 |
| Month | Median Rent |
|---|---|
| June 2024 | $2,672 |
| July 2024 | $2,579 |
| August 2024 | $2,600 |
| September 2024 | $2,408 |
| October 2024 | $2,601 |
| November 2024 | $2,778 |
| December 2024 | $2,553 |
| January 2025 | $2,771 |
| February 2025 | $2,909 |
| March 2025 | $2,612 |
| April 2025 | $2,362 |
| May 2025 | $2,470 |
| June 2025 | $2,640 |
| July 2025 | $2,760 |
| August 2025 | $2,932 |
| September 2025 | $2,675 |
| October 2025 | $2,663 |
| November 2025 | $2,325 |
| December 2025 | $2,245 |
| January 2026 | $2,184 |
| February 2026 | $2,212 |
| March 2026 | $2,012 |
| April 2026 | $1,990 |
| May 2026 | $2,039 |
| June 2026 | $1,997 |
Can I afford to live at 501 Pacific St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$117,800/yr
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Ocean Park | Santa Monica, CA
PICO • 1333 S Orange Grove Ave
2–3 Beds
$3,390–$7,987
East Hollywood • 200 N Vermont Ave
1–2 Beds
$2,777–$4,687
Mid-City West • 5700 W 6th St
1–2 Beds
$2,312–$4,076
Hollywood Studio District • 5750 Hollywood Blvd
1–3 Beds
$2,749–$8,005
Hollywood Hills West • 1714 N Mccadden Pl
1–2 Beds
$2,225–$4,095
Central Hollywood • 1410 N Highland Ave
1 Bed
$1,395–$2,195
Central Hollywood • 1530 Cassil Pl
1–2 Beds
$2,270–$3,563
Central Hollywood • 6630 W Sunset Blvd
1–2 Beds
$2,287–$3,112
PICO • 1333 S Orange Grove Ave
2–3 Beds
$3,390–$7,987
East Hollywood • 200 N Vermont Ave
1–2 Beds
$2,777–$4,687
Mid-City West • 5700 W 6th St
1–2 Beds
$2,312–$4,076
Hollywood Studio District • 5750 Hollywood Blvd
1–3 Beds
$2,749–$8,005
Hollywood Hills West • 1714 N Mccadden Pl
1–2 Beds
$2,225–$4,095
Central Hollywood • 1410 N Highland Ave
1 Bed
$1,395–$2,195
Central Hollywood • 1530 Cassil Pl
1–2 Beds
$2,270–$3,563
Central Hollywood • 6630 W Sunset Blvd
1–2 Beds
$2,287–$3,112
