Santa Monica Multifamily Development
914 18th St, Santa Monica, CA 90403
MULTI_FAMILY - Santa Monica, CA
Property size:
5,100 SFLot size:
0.18 AcresPrice / SF:
$500/SF- Added:
- Apr 9, 2026
- Days on Market:
- 55
- Last Refresh:
- Jun 2 at 9:06 am
Property Features for 914 18th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- SMR2*
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 7, Bedroom 3, Bedroom 5, Bathroom 6, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 2, Bathroom 4, Bathroom 8, Bathroom 7
- Parking
- 5
- Standard status
- Active
- APN
- 4277-009-003
- Size
- 5,100 SF
- Lot size
- 0.18 Acres
Building Details
- Year built
- 1927
- Floors in Building
- 2
- Number of units
- 7
Listing agent Jimmy Heckenberg License #01910100 (310) 650-1116
Listing office Rodeo Realty 202 N Canon Dr., Beverly Hills, CA (310) 724-7100
Listing date Apr 9, 2026
MLS# 26691689
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Delivered RTI permits for a 7‑unit apartment complex, allowing immediate start of construction.
- Located in Santa Monica, a highly desirable and supply‑constrained rental market.
- Approved plans include a blend of renovated historic bungalows and new construction (duplex and ADU).
- Turnkey investment opportunity with stamped permits in hand and no construction delays.
- Existing property features a charming courtyard arrangement with four bungalow‑style residences.
- Designed to create a boutique collection of residences blending historic charm with modern functionality.
Overview
This property presents a development opportunity in Santa Monica. Fully approved and delivered RTI, the site is ready for a 7-unit apartment complex. Currently, the property features a courtyard arrangement of four bungalow-style residences, including one one-bedroom and three two-bedroom units, surrounding a garden. Approved plans include a renovation of the existing units into Class A Spanish-style bungalows. The plans also add three new residences: a duplex in the center courtyard and a studio ADU above the garage. The result will be a collection of seven residences blending historic charm with modern functionality. With stamped permits in hand, construction can begin immediately, offering a plug-and-play opportunity to create a new multifamily property in a supply-constrained rental market. The property is zoned SMR2* and the lot size is 0.1842 acres. The property size is 5100 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Longitude
- -118.489709
- Latitude
- 34.033386
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Approved 7-unit apartment complex development in Santa Monica.
Where is this apartment building located?
The property is located at 914 18th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Delivered RTI permits for a 7‑unit apartment complex, allowing immediate start of construction.; Located in Santa Monica, a highly desirable and supply‑constrained rental market.; Approved plans include a blend of renovated historic bungalows and new construction (duplex and ADU).
