914 18th St, Santa Monica, CA 90403
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RYAN STEELE

RYAN STEELE

+1(818) 900-1859
$ 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

Key Details

Property Type Multi-Family

Sub Type Multi-Family

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, Tear Down

Year Built 1927

Lot Size 8,023 Sqft

Acres 0.1842

Property Sub-Type Multi-Family

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 Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features None

Garage Spaces 5.0

Building

Story 2

Level or Stories Multi/Split

Construction Status Fixer, Repairs Major, Tear Down

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Rodeo Realty

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914 18th St