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    914 18Th St Santa Monica, CA 90403

    Sponsored
    Picture of Apartment buildings at 18Th St 914, Santa Monica, CA
    For Sale
    $2,795,000

    MULTI_FAMILY - Santa Monica, CA

    Property size:
    5,100 SF
    Lot size:
    0.18 Acres
    Days on Market:
    49
    Last Refresh:
    Jan 5 at 1:06 pm

    Property Features for 914 18Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    SMR2*
    Rooms
    Bedroom 3, Bedroom 7, Bathroom 7, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 5, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 6
    Bedrooms
    7
    Bathrooms
    4
    APN
    4277-009-003
    Parking
    5
    Size
    5,100 SF
    Lot size
    0.18 Acres

    Building Details

    Year built
    1927
    Floors in Building
    2
    Number of units
    7

    Rodeo Realty (310) 471-2600 [email protected]

    Listing agent Jimmy Heckenberg (310) 724-7100 License #01910100

    Listing date Nov 18, 2025

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Santa Monica Multifamily Development Opportunity

    This property presents a development opportunity in Santa Monica. Fully approved and delivered RTI, the site is ready for a 7-unit apartment complex. Currently, the property features a courtyard arrangement of four bungalow-style residences, including one one-bedroom and three two-bedroom units, surrounding a garden. Approved plans call for a renovation of the existing units into Class A Spanish-style bungalows, along with the addition of three new residences: a duplex in the center courtyard and a studio ADU above the garage. The result will be a collection of seven residences blending historic charm with modern functionality. With stamped permits in hand, construction can begin without delay, offering a plug-and-play opportunity to create a new multifamily property in a supply-constrained rental market. The lot size is 0.1842 acres. The property is zoned SMR2*. The property size is 5100 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Monica
    County
    Los Angeles
    State
    California
    Longitude
    -118.489709
    Latitude
    34.033386

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    FAQs

    What type of property is this?
    Apartment building - Approved 7-unit apartment complex development in Santa Monica.
    Where is this apartment building located?
    The property is located at 914 18Th St Santa Monica, CA.
    What is the asking price?
    The asking price for this property is $2,795,000.
    What are key features of this property?
    This property features: - RTI (Ready-To-Issue) permits in hand for a 7-unit apartment complex, allowing for immediate construction.; - Located in Santa Monica, a highly desirable and supply-constrained rental market.; - Approved plans include a blend of renovated historic bungalows and new construction, creating a unique boutique collection.
    (310) 724-7100
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    Santa Monica, CA 90403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    914 18Th St Santa Monica, CA 90403
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