Search
1937 Spanish-Style Apartment Building with Carports
New
For Sale
$3,350,000

1118 15th St., Santa Monica, CA 90403

COMMERCIAL - Spanish - Santa Monica, CA

Lot Size0.17 Acres
Days on Market4

Property Features for 1118 15th St.

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 4, Bathroom 3, Laundry Room, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 8, Bedroom 7, Bathroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 8, Bathroom 6, Bathroom 7, Bedroom 5, Bedroom 1
Parking 5
Parking features Carport
Interior features High Ceilings, Tile Counters
Appliances Gas Range
Lot features Front Yard
Directions 405 N, 10 W, rt on Cloverfield Blvd., l. on Santa Monica Blvd., rt. on 17th, lft on Wilshire, rt on 15th
Subdivision C14 - Santa Monica
Standard status Active
APN 4281011004
Lot size 0.17 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1937
Floors in Building 2
Number of units 5
Flooring type Tile, Laminate, Wood
Building materials Stucco
Roof type Shingle
Architectural style Spanish
Listing Agency: Coldwell Banker Envision · Berkshire Hathaway HomeServices
Listed By: Celia Gonzalez · License #01351811
Added: Jul 29 Changed: Aug 1 Last Checked: Aug 1 at 3:06AM
MLS# OC26166078

Copyright © 2026 California Regional Multiple Listing Service, Inc. 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.

Built in 1937 with stucco and a Spanish architectural style, this apartment building features high ceilings and tile counters, with flooring including tile, wood, and laminate. Interiors also include a laundry room, gas range, and multiple bedrooms and bathrooms throughout.

The property is described as close to shopping and transportation, and near major medical employers including Santa Monica UCLA Hospital and other medical buildings, as well as the West Los Angeles VA Medical Center. The setting is also noted for proximity to SOFI Stadium.

At the rear, there are five carport spaces with storage cabinets. Public utilities include public water and public sewer. The property is presented as having an approximate cap rate of 5.2% following upgrades.

Key Highlights

  • Spanish architectural style stucco building built in 1937
  • High ceilings throughout with tile counters
  • Five carport spaces at the rear with storage cabinets

Property Analytics

Current Use

Apartment buildings

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.

Location Intelligence

Trade Area within ½ mile

8,697
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - 1937 Spanish-style apartments with high ceilings, tile counters, and five carport spaces with storage cabinets.
Where is this apartment building located?
The property is located at 1118 15th St. Santa Monica, CA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Spanish architectural style stucco building built in 1937; High ceilings throughout with tile counters; Five carport spaces at the rear with storage cabinets
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message