$2,495,000
 $13,394 est/mo Sourced by Back At You

914 18th Street,Santa Monica, CA 90403

Santa Monica, CA 90403

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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!

Details

MLS #26868435
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1927
Days On Site32
Listing Provided ByRodeo Realty | Jimmy Heckenberg

Features

Bed(s)7
Bath(s)4
SQ Feet5,100
Story(s)2
Units7
Building(s)2
ZoningSMR2*
Acreage0.18

Interior

CoolingNone
HeatingNone
Heating Yes / NoNo
Cooling Yes / NoNo

Parking

Parking FeaturesNone

Area Information

StateCA
CountyLos Angeles
CitySanta Monica
Zip Code90403
AreaC14 Santa Monica
Listing VS Median (in 90403)
Price:
$2,495,000
low | high
Med:
$3,350,000
15.731462925852% of Average
sqft:
5,100
low | high
Med:
5,335
45.392156862745% of Average
$ / sqft:
$489
low | high
Med:
$628
21.645822103438% of Average
On site:
32
low | high
Med:
38
84.210526315789% of Average
Sourced by Back At You

Market Activity 90403

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Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountyLos Angeles
CitySanta Monica
Zip Code90403
AreaC14 Santa Monica
Listing VS Median (in 90403)
Price:
$2,495,000
low | high
Med:
$3,350,000
15.731462925852% of Average
sqft:
5,100
low | high
Med:
5,335
45.392156862745% of Average
$ / sqft:
$489
low | high
Med:
$628
21.645822103438% of Average
On site:
32
low | high
Med:
38
84.210526315789% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.871M - $3.118M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
947 17th Street Property Photo 1
$2,695,000
947 17th Street
Santa Monica, CA 90403
Listing Updated: September 2, 2026 at 4:47:37 PM PDT
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