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Financial
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Property profile

1115 14Th St Santa Monica, CA 90403

FOR SALE
Other apartment buildings
Property ID
US09-7411128
34,281 SF 0.34 ac lot Built 1972
Last sale Jan 2019 · $11,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

1115 14th Street is a 23-unit apartment building constructed in 1972. The unit mix includes one studio ADU, five one-bedroom units, fourteen two-bedroom units, two three-bedroom units, and a two-story four-bedroom penthouse. Fifteen units feature modern interior finishes and systems, including wide-plank vinyl flooring, quartz countertops, recessed lighting, modern cabinetry, stainless steel appliances, stacked in-unit washers and dryers, smooth ceilings, and central HVAC. Building-wide…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$151k
Tax billed · 2024
Assessed value$12.69M
Assessed land$6.56M
Assessed improvement$6.13M
Effective rate1.19%

Value estimate

· Oct 2026
$7.29M
$6.56M – $8.01M
CAP approach$8.49M
NOI build-up
Gross scheduled income$1.09M
Vacancy & credit loss−$87k
Operating expenses−$451k
NOI · 2.79% cap applied$552k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$385/SF
ZIP average, outlier-cleaned · 111 recorded sales of this use type
Observed band · Q1–Q3$228 – $533

Cap rate analysis

How does the asset earn?
2.79%
$552k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
SMR2*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat12.1
Convenience Store12.0
Butcher9.3

Location

1115 14Th St Santa Monica, CA 90403
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
801 26th, Santa Monica, CA 90403-2239 $4,850,000 Dec 2025 10,618 SF
1147 6th, Santa Monica, CA 90403-5144 $3,200,000 Jul 2025 12,327 SF
1113 26th, Santa Monica, CA 90403-4637 $7,743,500 Jun 2025 25,604 SF
1143 Lincoln, Santa Monica, CA 90403-5229 $3,700,000 Apr 2025 10,434 SF
828 Lincoln, Santa Monica, CA 90403-1587 $468,000 Mar 2025 11,679 SF
854 9th, Santa Monica, CA 90403-1541 $3,815,000 Dec 2024 10,356 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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