914 18th Street
$3,100,000
7
4
5,100
5,100
$608
Listed By Compass
Description
Presenting an incredible value-add opportunity in the heart of Santa Monica! This property comes RTI for a 7-unit apartment building. Delivered fully vacant and one block from Montana Avenue. The plan features a tasteful renovation of the 4 existing apartments while adding 3 additional units. The charming courtyard-style style configuration with (1) one-bedroom and (3) two-bedroom bungalow-style units surrounding a sunlit gardenwith the opportunity to build an additional duplex on what is currently...Presenting an incredible value-add opportunity in the heart of Santa Monica! This property comes RTI for a 7-unit apartment building. Delivered fully vacant and one block from Montana Avenue. The plan features a tasteful renovation of the 4 existing apartments while adding 3 additional units. The charming courtyard-style style configuration with (1) one-bedroom and (3) two-bedroom bungalow-style units surrounding a sunlit gardenwith the opportunity to build an additional duplex on what is currently the center courtyard, and a studio ADU over the garage. Seller has plans and permits stamped and approved to build three ADUs and renovate the existing units into Class A Spanish-style bungalows. A can't-miss opportunity to build one of the few new construction apartment complexes in the most desirable renter's market in Los Angeles.
Property Details for 914 18th Street
Zoning
SMR2*
Parcel Number4277009003
Total Units7.0
Living Area5100
Source Living AreaDeveloper
AreaSanta Monica (C14)
Vacancy Rate7
Lot Size Area8023
LISTING UPDATED: 11/13/2024 06:40 PM
Property Details for 914 18th Street
Status | Active |
---|---|
MLS # | 24-422677 |
Days on Market | 112 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1927 |
Lot Size | 0.18 AC / 8,023 SF |
County | Los Angeles County |
Building Information for 914 18th Street
Stories2Residences-Year Built1927Building Size-Lot Size0.18 AC / 8,023 SF
Property Information for 914 18th Street
Property History for 914 18th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 914 18th Street
Taxable ValueLand$2,122,416Additions$238,771Total$2,361,187
Tax Record2024$28,543 ($2,379 / month)
Home Facts
Total Finished SqFt3,483 SqFtAbove Grade Finished SqFt3,483 SqFtLot Size8,021 SqFtStyleQuadraplexYear Built1927ZoningSMR2*CountyLOS ANGELESAPN4277-009-003
Schools near 914 18th Street
This home is within Santa Monica-Malibu Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Franklin Elementary School PublicK to 5 | ||
Lincoln Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Olympic High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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