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$3,100,000

Beds
7
sq ft
5,100

914 18th St, Santa Monica, CA 90403

914 18th St

Santa Monica, CA 90403

  • 95 days on market
    • Price drop $195,000↓
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.

Details

Property type

Lot size

8,023 sq ft

Price per sq ft

$608

Year built

1927

HOA

No

Price History

08/22/2024
CLAW

CLAW #24422677

Price change
$3,100,000
-5.92%
08/01/2024
CLAW

CLAW #24422677

Listed
$3,295,000
+48.09%
12/02/2020
CLAW

CLAW #20611638

Sold
$2,225,000

Schools & Community

Neighborhood: 

Wilshire/Montana

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/05/2024 at 3:40 AM

Listing updated: 10/07/2024 at 7:30 PM

Listed by: Jacqueline Chernov, Compass Phone #: (310) 395-7090

MLS: CLAW #24422677

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