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914 18th Street

Santa Monica CA 90403

7
4
5
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

Happy sellers in Santa Monica

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We have insufficient information to provide an overview of customer satisfaction for Santa Monica. Viewing the agent profiles, reviews and sales for Santa Monica can provide insights for this location.

Local market activity for 7 bedroom other properties in Santa Monica

In the last 12 months, 1 seven-bedroom other similar to 914 18th Street, have been sold.

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Sales:
(619) 566-0008
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