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$2,999,999 -$100,001 (-3.23%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
  • Updated 6 days ago
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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.

Full Property Details for 914 18th St

General

  • Price: $2,999,999
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 24-422677
  • Updated: 11/25/2024
  • Added to Site: 123 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Additional Information

  • Other Features: None

Parking

  • Garage Description: None

Location

  • Area: Santa Monica
  • County: Los Angeles
  • Driving Directions: South of Montana between Idaho & Washington

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Structural Information

  • # Buildings: 2
  • Stories/Levels: 2
  • Square Feet: 5,100
  • Sq. Ft. Source: Developer
  • Year Built: 1927
  • Year Built Source: Assessor
  • Property Condition: Fixer, Tear Down, Repairs (Major)

Unit Information

  • Units in Complex: 7
  • Unit Type: 2106, 2107, 2108, 2109, 2110

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1842
  • Lot Size: 8023
  • Lot Size Source: Assessor
  • Zoning: SMR2*

Financial Considerations

  • Price Per Sq. Ft.: $588.24
  • Assessment Year: 1927

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 4277-009-003

Listed by Compass, Jacqueline Chernov

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Listing agent

— 914 18th St —

  • Jacqueline Chernov

    Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 914 18th St

School District:Santa Monica-Malibu Unified School District
RatingNameGradesDistance
9
Franklin Elementary School, Santa Monica, CA
2400 Montana Ave, Santa Monica, CA 90403
K-50.5 mi
8
Lincoln Middle School, Santa Monica, CA
1501 California Ave, Santa Monica, CA 90403
6-80.3 mi
9
Santa Monica High School
601 Pico Blvd, Santa Monica, CA 90405
9-121.5 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 914 18th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/25/2024
Price Reduced
$2,999,999
-3.23%
MLS
8/22/2024
Price Reduced
$3,100,000
-5.92%
MLS
8/01/2024
Listed
$3,295,000
48.09%
MLS
11/16/2020
Sold
$2,225,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 914 18th St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$28,088
1%
$2,314,890
2%
2022
$27,740
3%
$2,269,500
2%
2021
$27,055
208%
$2,225,000
241%
2020
$8,787
1%
$652,019
2%
2019
$8,691
7%
$639,235
2%
2018
$8,129
1%
$626,702
2%
2017
$8,081
4%
$614,414
2%
2016
$7,795
1%
$602,368
2%
2015
$7,691
1%
$593,321
2%
2014
$7,618
1%
$581,699
—
2013
$7,570
—
$579,071
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 914 18th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Compass, Jacqueline Chernov

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914 18th St, Santa Monica, CA 90403 (MLS# 24-422677) is a Multi-Family property with units containing 7 bedrooms and 0 full bathrooms. 914 18th St is currently listed for $2,999,999 and was received on August 01, 2024. Want to learn more about 914 18th St? Do you have questions about finding other Multi-Family real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.

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