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Four-Unit Apartment Property
For Sale
$2,900,000

1223 14th St, Santa Monica, CA 90404

Income-producing residential property with on-site laundry and varied unit configurations.

Property Size2,187 SF
Days on Market8

Property Features for 1223 14th St

General Information

Standard status Active
Size 2,187 SF
Property subtype MULTI_FAMILY

Additional Details

Public Transit Yes
Multifamily Units 4

Amenities

laundry room

Building Details

Building Size 2,187 SF
Year Built 1948
Listing Agency: Agora Realty & Management Inc.
Listed By: Michiyo Matsuo · License #01265252
Source: Rochellemaize
Added: Sep 20 Changed: Sep 27 Last Checked: Sep 26 at 3:23PM

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 Agora Realty & Management Inc.

Investment Insights

Based on property information with market context.

This four-unit residential property was built in 1948 and includes an on-site laundry room. The unit layout includes a front residence with its own yard, while two units are positioned above garage space.

The property is located at 1223 14th St in Santa Monica, California, near restaurants, shopping, and a bus stop. It may be maintained as an apartment property or considered for redevelopment, as stated in the property information.

Key Highlights

  • Four‑unit apartment property built in 1948
  • On‑site laundry room
  • Front unit includes its own yard

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

8,924
Businesses Nearby

Demographics for 90404, CA

21,995
Population
11,499
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
10,998
Density / Sq Mi
$85,081
Median Household Income
$66,349
Median Earnings
$2,095
Median Rent
$1,159,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Income-producing residential property with on-site laundry and varied unit configurations.
Where is this quadplex located?
The property is located at 1223 14th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Four‑unit apartment property built in 1948; On‑site laundry room; Front unit includes its own yard
More about this property
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