914 18th Street
Santa Monica, CA 90403
Presenting an incredible value-add opportunity in the heart of Santa Monica! This property comes RTI for a 7-unit apartment building. Delivered fully vacant and one block from Montana Avenue. The plan features a tasteful renovation of the 4 existing apartments while adding 3 additional units. The charming courtyard-style style configuration with (1) one-bedroom and (3) two-bedroom bungalow-style units surrounding a sunlit gardenwith the opportunity to build an additional duplex on what is currently the center courtyard, and a studio ADU over the garage. Seller has plans and permits stamped and approved to build three ADUs and renovate the existing units into Class A Spanish-style bungalows. A can't-miss opportunity to build one of the few new construction apartment complexes in the most desirable renter's market in Los Angeles.
PROPERTY INFORMATION
MLS # | 24422677 | Lot Size | 8,023 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 3,100,000
Price Per SqFt: $ 608 |
DOM | 352 Days |
Address | 914 18th Street | Type | Residential Income |
City | Santa Monica | Sq.Ft. | 5,100 Sq. Ft. |
Postal Code | 90403 | Garage | N/A |
County | Los Angeles | Year Built | 1927 |
Bed / Bath | 7 / 0 | Parking | 5 |
Built In | 1927 | Status | Active |
INTERIOR FEATURES
Has Appliances | Yes |
Has Heating | No |
Heating Information | None |
Has Cooling | No |
Cooling Information | None |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,307
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
08/01/2024 | Listed | $3,295,000 |

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Listing provided courtesy of Jacqueline Chernov, Compass. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.