914 18th Street

Santa Monica CA 90403

5100 sq. ft.

8023 sq. ft.

Other

Currently for sale - view listing

Overview

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!

Features

7 bedrooms

4 bathrooms

5 carspaces

5100 sq. ft. floor area

8023 sq. ft. lot size

Other

Property history for 914 18th Street

2020

Sold

$2,225,000

02 Dec 2020 by Tony Yeh, of Omega Realty Company

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Local market activity for 7 bedroom other properties in Santa Monica

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Jimmy Heckenberg

at Rodeo Realty

View listing

Sales:: (619) 566-0008

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