914 18th St, Santa Monica, CA 90403
$2,550,000
Est. payment /mo
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7 Beds
4 Baths
5,100 SqFt
Active

914 18th St Santa Monica, CA 90403

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $500

MLS Listing ID 26841047

Bedrooms 7

Construction Status Fixer, Repairs Major, Tear Down

Year Built 1927

Lot Size 8,023 Sqft

Acres 0.1842

Property Sub-Type Multi-Family

Property Description

Presenting a rare value-add development in the heart of Santa Monica! Delivered RTI, this property is fully approved for a thoughtfully designed 7-unit apartment complex. The existing site currently offers a charming courtyard arrangement of four bungalow-style residences one one-bedroom and three two-bedrooms surrounding a sun-filled garden. The approved plans reimagine the property with a tasteful renovation of the existing units into Class A Spanish-style bungalows, while adding three new residences: a duplex thoughtfully placed in the center courtyard and a studio ADU above the garage. The result is a boutique collection of seven residences blending historic charm with modern functionality. With stamped permits in hand and no delay in starting construction, this is a true plug-and-play opportunity to create one of the few new multifamily offerings in one of the strongest and most supply-constrained rental markets in Los Angeles. A turnkey investment opportunity in a premier coastal locationthis is not to be missed!

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features None

Garage Spaces 5.0

Building

Story 2

Level or Stories Multi/Split

Construction Status Fixer, Repairs Major, Tear Down

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Rodeo Realty

NEARBY SCHOOL & BUSINESS

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David Jones
David Jones

Agent | RE. S.0072438

+1(702) 883-8801 | davidsellslasvegas@gmail.com

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914 18th St