914 18th ST, Santa Monica, CA 90403
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Steven Sutton

Steven Sutton

+1(541) 852-5679
$ 2,495,000
Est. payment | /mo

7 Beds

4 Baths

5,100 SqFt

Save
$ 2,495,000
Est. payment | /mo
Save

7 Beds

4 Baths

5,100 SqFt

Open House

Sun Oct 04, 2:00pm - 5:00pm

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $489

MLS Listing ID 26868435

Bedrooms 7

Construction Status Fixer,Repairs Major

HOA Y/N No

Year Built 1927

Lot Size 8,023 Sqft

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 C14 - Santa Monica

Zoning SMR2*

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features None

Total Parking Spaces 5

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Construction Status Fixer,Repairs Major

Others

Senior Community No

Tax ID 4277009003

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jimmy Heckenberg Rodeo Realty #01910100

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Steven Sutton

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+1(541) 852-5679

stevesuttonrealty@gmail.com

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914 18th ST