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Spanish-Style Multifamily Property
For Sale
$3,275,000

1118 15th St. Santa, Santa Monica, CA 90403

1937 building with high ceilings, natural light, and rear carport parking with storage cabinets.

Property SizeContact for details
Days on Market90

Property Features for 1118 15th St. Santa

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Mixed Use

Site & Location

Neighborhood Wilshire

Amenities

Gas Range
Shingle

Building Details

Year Built 1937
Stories 2
Construction Spanish style
Listing Agency: Coldwell Banker Envision
Listed By: Celia Gonzalez · License #01351811
Source: Kw
Added: Aug 1 Changed: Oct 27 Last Checked: Oct 28 at 2:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Envision

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Investment Insights

Based on property information with market context.

Built in 1937, this Spanish-style multifamily property features generously proportioned apartments with high ceilings, strong natural light, and period architectural details. Interior improvements include gas ranges, while the shingle exterior contributes to the building’s established character. Five rear carport spaces are paired with storage cabinets, providing useful on-site parking and storage areas.

The property is located at 1118 15th St. in Santa Monica, near shopping, transportation, hospitals, and medical facilities. Nearby destinations identified include SOFI Stadium, Santa Monica UCLA Hospital, and the West Los Angeles VA Medical Center. An approximate 5.2% cap rate is indicated after upgrades.

Key Highlights

  • Spanish‑style multifamily property built in 1937
  • Apartments feature high ceilings, natural light, and 1930s‑era architectural details
  • 5 rear carport spaces with storage cabinets

Location Intelligence

Trade Area within ½ mile

6,434
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

Frequently Asked Questions

What type of property is this?
Multifamily property - 1937 building with high ceilings, natural light, and rear carport parking with storage cabinets.
Where is this multifamily property located?
The property is located at 1118 15th St. Santa Santa Monica, CA.
What is the asking price?
The asking price for this property is $3,275,000.
What are key features of this property?
This property features: Spanish‑style multifamily property built in 1937; Apartments feature high ceilings, natural light, and 1930s‑era architectural details; 5 rear carport spaces with storage cabinets
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