- ERA
- California
- Santa Monica
- 1115 14th Street
1115 14th Street, Santa Monica, CA 90403
Local realty services provided by:ERA Excel Realty
1115 14th Street,Santa Monica, CA 90403
$20,550,000
- 44 Beds
- 43 Baths
- 34,281 sq. ft.
- Multi-family
- Active
Listed by: jonathan taksa
Office: remax commercial and investment realty
MLS#:25602635
Source:CRMLS
Price summary
- Price:$20,550,000
- Price per sq. ft.:$599.46
About this home
We are pleased to present 1115 14th Street, a premier 23-unit apartment building located in Santa Monica's coveted "North of Wilshire" neighborhood. Built in 1972, this exceptionally rare property stands out in a submarket where most multifamily assets consist of fewer than 10 units. Since 2019, ownership has invested over $3,300,000 in high-end capital improvements, transforming the building into one of the most meticulously renovated and desirable offerings in Santa Monica. The unit mix is outstanding: one studio ADU, five one-bedroom/one-bath units, fourteen two bedroom/two-bath units, two three-bedroom/two-bath units, and a spectacular two-story four bedroom penthouse. Fifteen of the units have been fully modernized with wide-plank vinyl flooring, quartz countertops, recessed lighting, modern cabinetry, stainless steel appliances, stacked in-unit washers and dryers, smooth ceilings, and central HVAC. The property's crown jewel is the penthouse, which received $500,000 in renovations. This ultra luxurious residence includes a private key-locked elevator, 360-degree rooftop deck, a gourmet Thermador kitchen with expansive island, open living room with fireplace and wet bar, home office, laundry room with high-end washer/dryer, two powder rooms, surround sound, ample storage, and a primary suite featuring a steam shower and freestanding tub. This unit is unmatched in the SantaMonica rental market. Beyond the units, significant building-wide upgrades have been completed, including upgraded plumbing and electrical, new windows, complete elevator modernization with all new hydraulics, electronics, and cab, roof improvements, solar installation, and professionally renovated hallways and lobby. The building offers 33 subterranean parking spaces well above local standards including EV charging stations. With its scale, prime location, meticulous renovations, assumable financing, and substantial remaining rental upside, 1115 14th Street represents a rare turnkey investment opportunity in one of Southern California's most supply-constrained and desirable rental markets.
Contact an agent
Home facts
- Year built:1972
- Listing ID #:25602635
- Added:120 day(s) ago
- Updated:February 04, 2026 at 07:26 PM
Rooms and interior
- Bedrooms:44
- Total bathrooms:43
- Living area:34,281 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1972
- Building area:34,281 sq. ft.
- Lot area:0.34 Acres
Finances and disclosures
- Price:$20,550,000
- Price per sq. ft.:$599.46
New listings near 1115 14th Street
- New
$2,995,000Active-- beds 6 baths2218 24thh, Santa Monica, CA 90405
MLS# 26646601Listed by: JOSH AFI GROUP - New
$2,790,000Active6 beds 5 baths3,038 sq. ft.1226 Chelsea Avenue, Santa Monica, CA 90404
MLS# 26647071Listed by: COMPASS - New
$2,995,000Active3 beds 2 baths3,412 sq. ft.2218 24th Street, Santa Monica, CA 90405
MLS# 26646589Listed by: JOSH AFI GROUP - New
$2,295,000Active2 beds 3 baths1,590 sq. ft.1705 Ocean Avenue #208, Santa Monica, CA 90402
MLS# 26644325Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SOCAL - New
$2,750,000Active3 beds 3 baths1,566 sq. ft.201 Ocean Avenue #609P, Santa Monica, CA 90402
MLS# 26646225Listed by: COLDWELL BANKER REALTY - Open Sun, 2 to 5pmNew
$849,000Active2 beds 1 baths832 sq. ft.1419 15th Street #5, Santa Monica, CA 90404
MLS# 26634937Listed by: REAL BROKER - New
$2,790,000Active6 beds 5 baths3,038 sq. ft.1226 Chelsea Avenue, Santa Monica, CA 90404
MLS# 26645517Listed by: COMPASS - New
$2,988,000Active4 beds 3 baths2,420 sq. ft.2016 Ashland Avenue, Santa Monica, CA 90405
MLS# 26643193Listed by: ESTATE PROPERTIES - Open Sat, 1 to 4pmNew
$2,895,000Active5 beds 4 baths2,667 sq. ft.2658 34th Street, Santa Monica, CA 90405
MLS# 26644639Listed by: DOUGLAS ELLIMAN OF CALIFORNIA, INC. - New
$1,948,000Active2 beds 2 baths1,400 sq. ft.1755 Ocean Avenue #412, Santa Monica, CA 90401
MLS# 26645487Listed by: CAROLWOOD ESTATES