914 18th Street, Santa Monica, CA 90403 (MLS # 24422677)

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PRICE $2,999,999 dsIDX morgage calculator
BEDS 7
BATHS 4
HOME SIZE 5,100 sqft
LOT SIZE 8,024 sqft

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.

DAYS ON MARKET 147 LAST UPDATED 11/25/2024
YEAR BUILT 1927 COMMUNITY Santa Monica
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Aug 22, '24 $3,295,000
Aug 22, '24 - Nov 25, '24 $3,100,000
Nov 25, '24 - Today $2,999,999


ADDITIONAL DETAILS
AIR None
AREA Santa Monica
GARAGE None
HEAT None
LOT 8023 sq ft
PARKING None
STORIES 2
ZONING SMR2*
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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