This is a prime investment opportunityat 1115 14th St, a 23-unit apartment complex located in the prestigious Wilshire Montana neighborhoodof Santa Monica. This well-maintained property boasts a desirable unit mix consisting of one single ADU,five one-bedroom units, 14 two-bedroom units, two three-bedroom units, and a four-bedroom penthouse,complemented by 33 parking spaces, including EV charging stations and above-parking storage spaces.Ownership has invested over $3.3 million in capital improvements since 2019, including the full renovationof 14 units featuring luxury upgrades such as stacked washers and dryers, wide plank vinyl flooring, recessedlighting, modern cabinetry, quartz countertops, stainless steel appliances, HVAC, and smoothed ceilings.Additionally, significant enhancements to the common areas and building systems have been made, includingplumbing, solar installation, complete elevator upgrade, and roofing improvements.The standout feature of the property is the four-bedroom penthouse, which underwent a $500k renovation.This two-story unit features a private, key-locked elevator, a 360-degree rooftop deck, a gourmet kitchen,an open living room with balcony access, and luxury amenities such as a home office, laundry room, andsteam shower.With no deferred maintenance and strong existing cash flow, the property presents an additional 35%rental upside through continued unit turnovers and renovations. The offering includes favorable assumablefinancing with a $7.974 million principal balance, interest-only at a 2.90% rate, maturing in 2030.Located just blocks from premier retail amenities along Wilshire Blvd and close to the UCLA Santa MonicaMedical Center, 1115 14th St offers an ideal living environment for residents commuting to employment hubsacross Santa Monica, Brentwood, West LA, and beyond. The Santa Monica submarket continues to be highlyattractive for investors due to consistent rent growth and property value appreciation.This is a unique opportunity to acquire a high-performing asset in one of Southern California's most soughtafterneighborhoods.
One ground floor 1 bedroom unit soon to be vacant! Also, ADU potential off the alley where the two detached double car garages are*. Wonderful location at the hub of being just North of Sunset Park, blocks away from Whole Foods 360, Trader Joe's, classic diner-Rae's, the EXPO line off of either Bergamot Station stop or Bundy. Santa Monica College SMC 's main campus just a few miles away and other sites within blocks.* "Meetings the City have confirmed that an ADU can be built on this property." per an ADU researcher."
Welcome to Santa Monica's best oceanfront residence adjacent to the iconic Santa Monica Beach and Palisades Park. This is a beautifully penthouse quiet, back facing unit with stunning views of the Santa Monica Mountains. Offering not just a home but a lifestyle experience, this unit blends resort-style amenities with high-end urban living. Enjoy beautiful Santa Monica Mountain Views from this top floor unit. With exclusive features like a state-of-the-art fitness center with sauna, a pool and spa, 24-hour concierge and security, valet parking, and optional maid service, convenience and luxury are at your fingertips. Situated steps away from Santa Monica's finest dining on Montana Avenue, Third Street Promenade, and Ocean Avenue, culinary adventures await you. The unit itself boasts a spacious open-concept floor plan perfect for entertaining, wood flooring, and balcony. Your kitchen comes fitted with stainless steel appliances and custom cabinetry. Seize this opportunity to live your dream Santa Monica lifestyle at Ocean Towers, a statement of who you are, awaiting your arrival.
Perched in a rare Santa Monica setting with breathtaking city skyline views, this newly constructed architectural marvel crafted by John Andrews Group offers a refined lifestyle in a premier westside location. Secured behind gates and secluded in lush landscaping, the home is a haven of privacy and modern comfort. Upon approach, a soaring waterfall feature sets the tone for impressive interiors where premium amenities are harmonized with warm contemporary finishes ensuring a luxurious living experience. The expansive open-plan main level is framed by automatic Fleetwood doors that disappear into the walls, seamlessly merging the interiors with an outdoor lounge space where an infinity-edged pool overlooks panoramic city views. A generous, light-filled living area opens to the dining area and gourmet kitchen with Calcutta quartzite countertops and backsplash, state-of-the-art Wolf appliances, and a hidden walk-in pantry. The home's four bedrooms, each with walk-in closets and en suite bathrooms, are thoughtfully positioned with one on the main level and three upstairs, inclusive of the spectacular primary retreat. Enter the primary foyer to achieve repose amidst awe-inspiring vistas, with impressive amenities like the private rooftop deck, a lavish ensuite with a freestanding soaking tub, and a massive walk-in closet. Descend to the lower-level entertainment area, where residents and guests are sure to enjoy the lounge with a seated wet bar and home theater. Other notable features include the hedge-lined backyard with turf lawn, smart-home tech like the automation system and surround sound, and a convenient elevator. Supremely positioned with proximity to Brentwood Country Club and Country Mart, popular boutiques and restaurants along Montana Avenue, and only a short ride to Downtown Santa Monica and the beach, this residence presents an exceptional opportunity to experience the pinnacle of modern living in one of Los Angeles' most desirable neighborhoods.
This beautifully remodeled 3-bedroom end-unit townhome is located in the desirable Lincoln Middle School district. The cozy kitchen is equipped with a Thermador stove, ample counter space, and flows effortlessly into the main living area, which features hardwood floors and a built-in home entertainment system. A convenient half bath is also located on the main floor. Enjoy the warmth of a modern gas fireplace along with central air and heating for year-round comfort. Upstairs, you’ll find a dedicated washer and dryer area, two additional bedrooms, and the expansive master suite with high ceilings and a walk-in closet. The private patio provides a peaceful outdoor retreat. The home includes two side-by-side parking spaces and a storage locker in the gated parking garage. Conveniently situated within walking distance to Bristol Farms, Erewhon, Douglas Park, and Milo & Olive.
RECEIVERSHIP SALE! Hearing Date: February 13, 2025 @ 8:30 AM. Final deadline for overbid offers January 31, 2025. We are pleased to present 1427 15th Street, a 10 unit apartment building in Santa Monica. Eight of the 10 units are deed-restricted to 30% AMI affordability, limiting rent levels on those 8 units to $832 for 1 bedroom units and $988 for 2 bedroom units. However, unit 4 (2 bed 2 bath) and unit 10 (3 bed 2 bath) are NOT deed-restricted and can be leased out at MARKET rents. Both of the market rate units have been taken down to the studs and will be delivered vacant creating the perfect opportunity for a new owner to customize to their own specifications. The top floor 3 bed 2 bath "owner's unit" which offers incredible amazing city views from the balcony is PERFECT FOR AN OWNER/USER. The property includes a total of 11 parking spaces consisting of a tandem space, two 2-car garages, and seven single spaces. There is potential to convert the two-car garages into market-rate ADUs (Buyer to verify with the city). In total there are 7 vacant units (4 rent ready and 3 gutted units). Santa Monica is known for its excellent schools, community parks, and a vibrant beach-town atmosphere. The mid-city area's lively ambiance and convenient lifestyle make it highly desirable for renters and an enticing proposition for investors looking to capitalize on the city's robust rental market. NOTE: Property sale is subject to court confirmation including a 60-day appeal period and may be subject to overbid. As such, Seller cannot guarantee a particular sale date.
An exceptional investment opportunity awaits in a platinum Santa Monica location. The 21st Street Townhome Residences feature a community of eleven (11) well appointed townhome style condominiums, built in 1992, situated in one of the finest, most coveted Westside locations. Just steps from the vibrant shops and restaurants of Montana Avenue, and within one of finest public school districts in Los Angeles County. Each townhome features spacious, well appointed interiors, with central HVAC, high ceilings & bonus loft spaces (not included in the square footage) . Residents will appreciate the convenience of direct residence entry two-car side by side garages, as well as private outdoor patios and decks, perfect for enjoying the world's best climate. The 21st Street Townhome Residences offer significant investment benefits, as each residence has its own APN and is separately metered for water, sewer, gas & electric. Don't miss the opportunity to own this platinum real estate in an ultra prime Santa Monica location. Seller will consider carrying the first trust deed. Terms of the loan subject to negotiation.
NEW PRICE! - Light & Bright, South-Facing, 3 Bedroom, 3 Bath, plus a Den, plus a Bonus Room Townhouse in the Franklin School District. This spacious townhouse has 3 bedrooms, 2 bathrooms and the laundry upstairs. The main floor has the living room with a wood-burning fireplace, a dining area, kitchen, a Den (that could be used as a 4th bedroom or office) and a full bath. Downstairs is the direct-entry, 2-car private garage and a 200 square foot bonus room. There are all new wood Laminate floors on the main level and newer carpet on the other levels. Recessed Lights The living room opens to an enclosed patio. Close to Wilshire and Montana shops & restaurants.
NEW PRICE! - Light & Bright, South-Facing, 3 Bedroom, 3 Bath, plus a Den, plus a Bonus Room Townhouse in the Franklin School District. This spacious townhouse has 3 bedrooms, 2 bathrooms and the laundry upstairs. The main floor has the living room with a wood-burning fireplace, a dining area, kitchen, a Den (that could be used as a 4th bedroom or office) and a full bath. Downstairs is the direct-entry, 2-car private garage and a 200 square foot bonus room. There are all new wood Laminate floors on the main level and newer carpet on the other levels. Recessed Lights The living room opens to an enclosed patio. Close to Wilshire and Montana shops & restaurants.
Experience luxury coastal living in one of Ocean Avenues newest and most sought after buildings. This large 2 bedroom, 2 bathroom unit boasts a meticulously designed interior with modern elegance. The recently upgraded designer kitchen is a culinary haven, featuring top-of-the-line appliances and stylish finishes that will elevate your cooking experience. Retreat to the primary bedroom, complete with a large spa-like bathroom and a generous walk-in closet, providing ample storage space and comfort. The additional bedroom, with a fully built-out walk-in closet and bathroom, offers flexibility and convenience for family and friends. Access your private terrace from both the living room and primary bedroom to enjoy views of Tongva Park. This unit comes with two side by side parking spots and a massive private storage room. Building amenities include a 24-hour doorman, state of the art gym, and resident sky lounge with full kitchen and incredible ocean views. Ideally situated near Downtown Santa Monica, Main Street, and the beach, this unit offers easy access to the 10 freeway and the all the best parts of LA.
Discover sophisticated coastal living at The Seychelles, a premier full-service building in the heart of Santa Monica. This meticulously designed condo was completely reimagined by an award winning interior designer that features a state-of-the-art kitchen with Thermador appliances and quartzite countertops and elegant KWC sink accessories. The primary suite features a custom velvet bed with built-in storage flanked in Calacatta Manhattan marble, built-in California Closets, custom macassar ebony vanity, tub surround and armoire with Nero Marquina stone tops and heated floors throughout the master bath. The unit comes complete with a full home automation Control4 system, which covers all lights, window coverings, security cameras, tvs and sound system.The Seychelles offers exceptional amenities including a rooftop deck with ocean views, a state-of-the-art fitness center with Peloton bikes, a private Pilates/yoga room, and controlled garage parking with guest spaces. All this, conveniently located near Santa Monica's finest shopping, dining, and beaches.
Fully approved plans (RTI) for 2 additional units (both ADUs are 3 bedrooms + 2 bathrooms and projected to rent for $6K/month each) resulting in a 6-Unit Property that will total 4,102 square feet of living area on a 5,972 square foot lot in a prime area of Santa Monica! This rare opportunity offers a corner lot with alley access and is ideal for an owner/user or investor. The charming, existing 4-unit building is situated on the front half of the large lot, providing space for the two new approved units and the 5 on-site parking spots along the rear alley. The property is located in the heart of “Silicon Beach” which is home to numerous technology companies, including being less than one mile from large office campuses including the Water Garden, the West Edge, Riot Games Headquarters, and the Colorado Center with office tenants including Amazon, Hulu, and Roku.
Santa Monica is located in California. Santa Monica, California has a population of 92,828. Santa Monica is less family-centric than the surrounding county with 28.07% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Santa Monica, California is $99,847. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Santa Monica is 41.4 years.
The average high temperature in July is 73.5 degrees, with an average low temperature in January of 49.3 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.