914 18th Street Santa Monica, CA ^$ 2,795,000

914 18th Street

^$ 2,795,000

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914 18th Street

Santa Monica, CA, 90403

^$ 2,795,000

Studio Baths0.0 Sq 5,100

Monthly Estimate*

^$ 17,437

914 18th Street, Santa Monica, CA 90403 - Image 1

Studio

Multi-Family Home for sale in Santa Monica, CA

for $2,795,000. This 5,100 square foot home was built in 1927 on a lot size of 0.18.

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!

Multi-Family Active

Price

^$ 2,795,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.18

Year Built

1927

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0025601147

Features

General

Living Area 5100.0

Sewer None

Zoning SMR2*

Pool Features None

Year Built 1927

Levels Multi/Split

County Los Angeles

Net Operating Income 285302.0

New Construction No

Property Type C

HOA No

Status Active

City Santa Monica

Senior Community Y/N No

MLS Area C14 - Santa Monica

Lot Size Units Square Feet

Lot Size Square Feet 8023.0

Property Attached Y/N Yes

Property Condition Repairs Major Fixer

Standard Status Active

Exterior

Lot Size Area 8023.0

Foundation Details None

Pool Y/N? Yes

Building Area Total 5100.0

Lot Size Acres 0.18

Land Lease Type Fee

Interior

Total Stories 2

Common Walls 1 Common Wall

Air Conditioning Y/N No

Heating Y/N No

Total Baths 0

* Excluded Features

List By

Jimmy Heckenberg

Listing Agent

Rodeo Realty

Broker

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$17,437

Per Month

Monthly Principal & Interest: $17,437
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Santa Monica, CA

Average List Price ^$4,568,618

Percent of Sale Price 63%

About Santa Monica, CA

92,541 Population

10% Since 2002

^$89,894 Median Income

42.46 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/18/2025	$2,795,000	-6.52%	Price Down
10/3/2025	$2,990,000		Listed Price

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914 18th Street, Santa Monica, CA, 90403 is a Multi-Family Home for sale at $2,795,000 with 5,100 sqft and a lot size of 0.18. 914 18th Street is a studio with 0.0 baths and was built in 1927. The property's zip code is 90403 which is in Santa Monica, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 11/18/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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914 18th Street

Multi-Family Home for sale in Santa Monica, CA

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