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8-Unit Apartment Building
For Sale
$3,200,000
Pending

1233 14th Street, Santa Monica, CA 90404

Every apartment has an in-unit washer and dryer, and six units have updated kitchens, bathrooms, flooring, and recessed lighting.

Property Size5,536 SF
Days on Market12

Property Features for 1233 14th Street

General Information

Standard status Pending
Size 5,536 SF
Property subtype Residential Income
Zoning SMR3*

Units

Unit Mix 6 x 1BR, 2 x 2BR
Multifamily Units 8

Additional Details

Gross Rent Multiplier 12.16

Amenities

in-unit washer/dryer
false
8
2
10
7485
5
0.1718
5536

Building Details

Building Size 5,536 SF
Year Built 1952
Buildings 1
Stories 2
Listing Agency: RE/MAX One
Listed By: Chase Simonton · License #01766871
Source: Gotrealestatesolutions
Added: Oct 19 Changed: Oct 28 Last Checked: Oct 28 at 8:31AM

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 RE/MAX One

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Investment Insights

Based on property information with market context.

Built in 1952, this eight-unit apartment property contains six one-bedroom apartments and two two-bedroom apartments. Six units have been remodeled with updated kitchens and bathrooms, new flooring, and recessed lighting. All apartments include a washer and dryer, and the electrical systems were replaced in 2024. The property has a 12.16 GRM.

Plans under city review call for converting detached garages into two one-bedroom ADUs of approximately 425 square feet each, adding 850 square feet in total. The project is in plan check under Plan Check No. 25BLD-0352.

Key Highlights

  • Eight apartments: six one‑bedroom units and two two‑bedroom units
  • Six units remodeled with updated kitchens and bathrooms, new flooring, and recessed lighting
  • In‑unit washer and dryer in all apartments

Property Analytics

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Lease Details

8
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
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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?
Apartment building - Every apartment has an in-unit washer and dryer, and six units have updated kitchens, bathrooms, flooring, and recessed lighting.
Where is this apartment building located?
The property is located at 1233 14th Street 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: Eight apartments: six one‑bedroom units and two two‑bedroom units; Six units remodeled with updated kitchens and bathrooms, new flooring, and recessed lighting; In‑unit washer and dryer in all apartments
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