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23-Unit Apartment Building
For Sale
$19,750,000

1115 14th St, Santa Monica, CA 90403

Santa Monica multifamily property with modernized residences, a rooftop penthouse, subterranean parking, and building-wide system upgrades.

Property Size34,281 SF
Price / SF$576.12
Days on Market9

Property Features for 1115 14th St

General Information

Standard status Active
Size 34,281 SF
Total Parking Spaces 33
Elevators Yes
Property subtype Multi-Family

Units

Unit Mix 1 x studio ADU, 5 x 1BR/1BA, 14 x 2BR/2BA, 2 x 3BR/2BA, 1 x 4BR penthouse
Multifamily Units 23

Building Details

Year Built 1972
Buildings 1
Listed By: Think Real Estate
Source: Thinkrealestategroup
Added: Sep 7 Changed: Sep 8 Last Checked: Sep 14 at 8:13AM

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 Think Real Estate

Investment Insights

Based on property information with market context.

Built in 1972, this 23-unit apartment property in Santa Monica’s North of Wilshire area includes a studio ADU, five one-bedroom units, fourteen two-bedroom units, two three-bedroom units, and a two-story four-bedroom penthouse. Fifteen residences have been updated with vinyl flooring, quartz countertops, contemporary cabinetry, stainless steel appliances, stacked in-unit laundry, recessed lighting, smooth ceilings, and central HVAC.

The penthouse features a private key-locked elevator, rooftop deck, Thermador kitchen, fireplace, wet bar, home office, laundry room, storage, surround sound, and a primary suite with a steam shower and freestanding tub. Property-wide work includes plumbing and electrical upgrades, new windows, elevator modernization, roof improvements, solar installation, and renovated common corridors and lobby. The building also provides 33 subterranean parking spaces and EV charging stations.

Key Highlights

  • 23‑unit apartment building constructed in 1972
  • Unit mix includes 1 studio ADU, 5 one‑bedroom, 14 two‑bedroom, 2 three‑bedroom, and 1 four‑bedroom penthouse
  • 15 units feature updated finishes, appliances, in‑unit laundry, and central HVAC

Property Analytics

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Current Use

EssayGoAway.com Corporate Office

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.

Lease Details

23
Residential units

Location Intelligence

Trade Area within ½ mile

8,924
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
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?
Apartment building - Santa Monica multifamily property with modernized residences, a rooftop penthouse, subterranean parking, and building-wide system upgrades.
Where is this apartment building located?
The property is located at 1115 14th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $19,750,000.
What are key features of this property?
This property features: 23‑unit apartment building constructed in 1972; Unit mix includes 1 studio ADU, 5 one‑bedroom, 14 two‑bedroom, 2 three‑bedroom, and 1 four‑bedroom penthouse; 15 units feature updated finishes, appliances, in‑unit laundry, and central HVAC
More about this property
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