$2,795,000
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914 18th Street Santa Monica, CA 90403
Cluster
Residence
7
Beds
4
Baths
...
Bed/Bath
5,100
Sq. Ft.
Property Activity
Time on Site
days
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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!
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MLS#
25601147
Property Type
Cluster
Bedrooms
7
Bathrooms
Year Built
1927
Square Feet
5,100
sq. ft
Lot Size
0.18
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