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Renovated 23-Unit Apartment Building
For Sale
$19,750,000

1115 14th St, Santa Monica, CA 90403

MULTI_FAMILY - Santa Monica, CA

Property Size34,281 SF
Lot Size0.35 Acres
Price / SF$576.12
Days on Market298

Property Features for 1115 14th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning SMR2*
Bedrooms 44
Bathrooms 43
Full bathrooms 12
Rooms Bathroom 1, Bathroom 33, Bedroom 18, Bathroom 14, Bedroom 25, Bedroom 32, Bathroom 36, Bedroom 21, Bathroom 30, Bedroom 33, Bathroom 23, Bedroom 31, Bathroom 40, Bathroom 17, Bedroom 44, Bedroom 13, Bathroom 20, Bathroom 22, Bathroom 7, Bathroom 11, Bedroom 41, Bedroom 30, Bathroom 19, Bedroom 37, Bathroom 31, Bedroom 16, Bathroom 2, Bathroom 15, Bathroom 29, Bedroom 8, Bedroom 40, Bathroom 38, Bedroom 23, Bedroom 35, Bathroom 41, Bathroom 35, Bedroom 10, Bedroom 20, Bathroom 24, Bathroom 9, Bathroom 4, Bedroom 2, Bathroom 10, Bathroom 42, Bathroom 3, Bedroom 19, Bathroom 21, Bathroom 32, Bedroom 43, Bathroom 12, Bedroom 28, Bedroom 14, Bedroom 1, Bathroom 39, Bathroom 37, Bedroom 22, Bathroom 27, Bathroom 34, Bathroom 16, Bathroom 43, Bathroom 5, Bedroom 39, Bathroom 25, Bathroom 8, Bedroom 36, Bathroom 6, Bedroom 6, Bedroom 9, Bedroom 3, Bedroom 42, Bedroom 24, Bedroom 11, Bedroom 34, Bedroom 5, Bathroom 18, Bedroom 15, Bathroom 28, Bathroom 13, Bedroom 38, Bedroom 27, Bedroom 7, Bathroom 26, Bedroom 17, Bedroom 26, Bedroom 12, Bedroom 29, Bedroom 4
Parking 33
Parking features Gated, Side By Side, Assigned, Tandem
Window features Double Pane Windows
Fireplace 1
Directions North of Wilshire! In between Wilshire Blvd. and California Avenue
Subdivision Santa Monica
Standard status Active
APN 4281-011-029
Size 34,281 SF
Lot size 0.35 Acres

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1972
Floors in Building 3
Number of units 23
Flooring type Laminate, Engineered
Listing Agency: Remax Commercial and Investment Realty · RE/MAX International
Listed By: Jonathan Taksa · License #01366169
Added: Oct 7, 2025 Changed: Jul 28 Last Checked: Jul 31 at 1:06PM
MLS# 25602635

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

1115 14th St is a 23-unit apartment building built in 1972, with a unit mix that includes one studio ADU, five one-bedroom units, fourteen two-bedroom units, two three-bedroom units, and a two-story four-bedroom penthouse. Fifteen of the units have been fully modernized with wide-plank vinyl flooring, quartz countertops, recessed lighting, modern cabinetry, stainless steel appliances, stacked in-unit washers and dryers, smooth ceilings, and central HVAC. The penthouse was renovated with features including a private key-locked elevator, a 360-degree rooftop deck, a Thermador kitchen with an expansive island, an open living area with fireplace and wet bar, a home office, a dedicated laundry room, two powder rooms, surround sound, and a primary suite with a steam shower and freestanding tub.

The property is located in Santa Monica’s “North of Wilshire” area. Ownership has completed substantial building-wide improvements since 2019, including upgraded plumbing and electrical, new windows, full elevator modernization, roof improvements, solar installation, and professionally renovated hallways and lobby. The building provides 33 subterranean parking spaces and includes EV charging stations. Zoning is listed as SMR2*.

This offering is presented for sale as a turnkey option with updated residential interiors and major systems work completed. It also includes an “assumable financing” component noted in the remarks, which may be of interest to buyers evaluating a ready-to-operate apartment building with a comprehensive renovation scope across units and common areas.

Key Highlights

  • Assumable Financing: Offers a significant financial advantage.
  • Extensive Renovations: Over $3,300,000 invested since 2019 in high‑end capital improvements, modernizing units and building systems.
  • Prime Location: Situated in Santa Monica's desirable "North of Wilshire" neighborhood.

Property Analytics

Current Use

EssayGoAway.com Corporate Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Pet Grooming Service Restaurant Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23
Residential units

Location Intelligence

Trade Area within ½ mile

9,627
Businesses Nearby

Demographics for 90403, CA

25,278
Population
14,853
Households
1.7
Avg Household Size
42
Median Age
72%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
18,056
Density / Sq Mi
$121,512
Median Household Income
$82,557
Median Earnings
$2,443
Median Rent
$1,553,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated 1972 building with modern interiors, updated elevator and parking, plus a renovated two-story penthouse.
Where is this apartment building located?
The property is located at 1115 14th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $19,750,000.
What are key features of this property?
This property features: Assumable Financing: Offers a significant financial advantage.; Extensive Renovations: Over $3,300,000 invested since 2019 in high‑end capital improvements, modernizing units and building systems.; Prime Location: Situated in Santa Monica's desirable "North of Wilshire" neighborhood.
More about this property
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