823 18th Street Santa Monica, CA 90403

Cluster Residence

9 Beds

5 Baths

9/5 Bed/Bath

4,313 Sq. Ft.

Property Activity

Time on Site

days

Days on Market

Views

Saves

Last updated on 4/26/2025 5:43 AM

Listing Details

823 18th St is an incredible multi-family asset in a prime Santa Monica location, just south of Montana Ave. This charming five (5) unit property has a desirable unit mix of four (4) 2 BR + 1 Bath and one (1) 1 BR + 1 Bath units. The property has three separate structures with the front building ...consisting of two (2) 2 BR + 1 Bath units. The middle structure has two (2) 2 BR + 1 bath units. At the very rear of the property is a 1 BR + 1 Bath unit that sits on the second level above the carport parking structure. Some of the units have washer/dryer hookups. Next to the carport parking structure is a two car garage that has the potential to be converted in an ADU. Two of the five units are paying well below market rents, creating a value-add opportunity for new ownership. Strategically positioned just a few steps from Montana Ave., 823 18th St. offers unparalleled access to some of the most sought after shopping, restaurants and entertainment in all of Santa Monica. With strong in-place income, significant rental appreciation potential, and a desirable tenant base, this property is a rare chance to acquire a prime, income-generating asset in one of Los Angeles' most sought-after neighborhoods. Continue reading

MLS#

25504777

Property Type

Cluster

Bedrooms

Bathrooms

Year Built

1948

Square Feet

4,313 sq. ft

Lot Size

0.18