For Sale
$2,990,000
914 18th
Santa Monica, CA

914 18th, Santa Monica, CA, 90403

  • 7beds
  • 5,100sqft
  • 0.18acre
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!
Listing agent:
Jimmy Heckenberg
License #01910100
Rodeo Realty
914 18th is a Residential Income property located in Santa Monica, California, featuring a 0.184 acre lot, 5,100 sqft, 7 bedrooms, MLS #25601147.