914 18th Street, Santa Monica, CA 90403
Local realty services provided by:ERA Excel Realty
914 18th Street,Santa Monica, CA 90403
$2,990,000
- 7 Beds
- 4 Baths
- 5,100 sq. ft.
- Multi-family
- Active
Listed by:jimmy heckenberg
Office:rodeo realty
MLS#:25601147
Source:CRMLS
Price summary
- Price:$2,990,000
- Price per sq. ft.:$586.27
About this home
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!
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Home facts
- Year built:1927
- Listing ID #:25601147
- Added:1 day(s) ago
- Updated:October 03, 2025 at 11:31 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Living area:5,100 sq. ft.
Structure and exterior
- Year built:1927
- Building area:5,100 sq. ft.
- Lot area:0.18 Acres
Finances and disclosures
- Price:$2,990,000
- Price per sq. ft.:$586.27
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