827 18th St

Santa Monica CA 90403

8406 sq. ft.

8004 sq. ft.

Other

Last sold for $2,826,000

D. Timothy Byrne, last sold this property on 22 April 2026 after 82 days on market.

Overview

We are proud to present this opportunity to acquire 827 18th Street, an exceptional multifamily property located just half a block south of coveted Montana Avenue. Built in 1959 and well maintained with pride of ownership, this 100% occupied mid-century asset was designed to maximize livability with oversized floor plans, many featuring private balconies or yard space, along with decorative fireplaces that enhance the charm and character of each residence. The property consists of six (6) large units, including five (5) two-bedroom/two-bath units and one (1) three-bedroom/three-bath unit located on the second floor. The units offer spacious living areas with dedicated dining space, large kitchens, and ample storage throughout. The building also includes a dedicated laundry room, five (5) on-site parking spaces, and tenant storage. Each unit is separately equipped with its own water heater. A well-kept front courtyard further enhances curb appeal, with direct access for Unit A. The building totals approximately 8,406 SF on an 8,001 SF lot, zoned SMR2. The two-bedroom units average approximately 1,350 SF, while the three-bedroom unit is estimated at 1,650 SF, making this an attractive unit-size profile for the area. Current rental income is effectively generating approximately $2.00/SF, with significant upside potential of approximately 62%, highlighting a compelling opportunity for income growth. Recent improvements include exterior painting, electrical updates, a newer roof, and plumbing upgrades, with two units recently updated. This is a rare chance to acquire a pride-of-ownership Santa Monica asset with strong in-place income and meaningful long-term upside.

Features

13 bedrooms

13 bathrooms

5 carspaces

8406 sq. ft. floor area

8004 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 13 bedroom other properties sold in Santa Monica over the last 12 months.

Property history for 827 18th St

2026

Sold

$2,826,000

22 Apr 2026 by D. Timothy Byrne, of Compass

2019

Sold

$3,200,000

10 Apr 2019 by Rosemarie Haynes, of Rosemarie Haynes

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