Santa Monica Multifamily Investment
1233 14th St Santa Monica, CA 90404
For Sale
Under Contract
$3,200,000
MULTI_FAMILY - Santa Monica, CA
Property Size5,536 SF
Lot Size0.17 Acres
Price / SF$578.03
Days on Market194
Property Features for 1233 14th St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
SMR3*
Bedrooms
10
Bathrooms
8
Rooms
Bathroom 4, Bathroom 6, Bathroom 5, Bathroom 7, Bathroom 3, Bedroom 7, Bedroom 6, Bathroom 1, Bedroom 3, Bedroom 9, Bedroom 8, Bathroom 8, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 10, Bedroom 1
Parking
5
Parking features
Garage
Standard status
Active Under Contract
APN
4282-003-015
Size
5,536 SF
Lot size
0.17 Acres
Building Details
Year built
1952
Floors in Building
2
Number of units
8
Listing Agency:
RE/MAX One
(818) 366-3300
Listed By:
Chase Simonton · License #01766871
(310) 383-5927
Added: Jan 14
Changed: May 13
Last Checked: Jul 27 at 4:06PM
MLS# 26638171
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Investment Insights
Based on property information with market context.
This 8-unit apartment building is located in Santa Monica, California. The property consists of six 1-bedroom units and two 2-bedroom units. Six of the apartments have been renovated with recessed lighting, updated kitchens and bathrooms, new flooring, and in-unit washer/dryers. New electrical systems were completed in 2024. The property has permits pending for the conversion of detached garages into two additional 1-bedroom ADUs, each approximately 425 square feet, adding 850 square feet to the property. The project is currently in plan check with the city under Plan Check No. 25BLD-0352. The property has a lot size of 0.1718 acres and a building size of 5536 square feet. The zoning is SMR3. There are three vacant units and six remodeled units. The Gross Rent Multiplier is 12.16.
Key Highlights
- Approved permits expected for 2 ADUs, offering immediate potential for increased income and property value.
- Six remodeled units with modern upgrades including in‑unit washer/dryers, updated kitchens and bathrooms, new flooring, and recessed lighting.
- Washer/Dryer in ALL units.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - 8-unit apartment building with upgrade potential in Santa Monica.
Where is this apartment building located?
The property is located at 1233 14th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Approved permits expected for 2 ADUs, offering immediate potential for increased income and property value.; Six remodeled units with modern upgrades including in‑unit washer/dryers, updated kitchens and bathrooms, new flooring, and recessed lighting.; Washer/Dryer in ALL units.