John E Burge

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Listing provided courtesy of Rodeo Realty- MLS# 26841047MLS Provider

914 18th StSanta Monica, CA 90403

Multi-Family · 7 Beds · 5,100 Sq. ft. | 0.18 Acres
$2,550,000 Active

914 18th St Overview

Time on Site:
29 days
Visits:
0

Presenting a rare value-add development in the heart of Santa Monica! Delivered RTI, this property is fully approved for a thoughtfully designed 7-unit apartment complex. The existing site currently offers a charming courtyard arrangement of four bungalow-style residences one one-bedroom and three two-bedrooms surrounding a sun-filled garden. The approved plans reimagine the property with a tasteful renovation of the existing units into Class A Spanish-style bungalows, while adding three new residences: a duplex thoughtfully placed in the center courtyard and a studio ADU above the garage. The result is a boutique collection of seven residences blending historic charm with modern functionality. With stamped permits in hand and no delay in starting construction, this is a true plug-and-play opportunity to create one of the few new multifamily offerings in one of the strongest and most supply-constrained rental markets in Los Angeles. A turnkey investment opportunity in a premier coastal locationthis is not to be missed!

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914 18th St Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,100
  • Price/Sq.ft. $500
  • Lot 0.18 Acres

Details

General

Income/Expenses

  • Gross Income: 387600
  • Net Operating Income: 285302.00

Building Information

  • Year Built: 1927

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Santa Monica

Tax Information

  • Tax Assessed Value: 2361187

General Information

  • Disclosures: None
  • Property Condition: Fixer, Repairs Major, Tear Down
  • Property Type: Residential Income
  • Zoning: SMR2*

Interior

Beds/Baths

  • Bathrooms Total: 4.00
  • Bedrooms Total: 7

General Information

  • Common Walls: Attached
  • Cooling: None
  • Heating: None
  • Levels: Multi/Split
  • Living Area: 5100
  • Living Area Source: Developer
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 5

Lot Information

  • Lot Size Acres: 0.1842
  • Lot Size Area: 8023
  • Lot Size Source: Assessor
  • Number Of Buildings: 2

General Information

  • Number Of Units Total: 7
  • Other Structures: None

914 18th St Neighborhood

Community

90403 (SANTA MONICA) Demographics

43
Median Age
15,994
Population Density (per sq. mile)
77%
College Educated
$111,611
Estimated Median Income
3,140
Estimated Total Home Owners
9,761
Estimated Total Renters
24% / 76%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

914 18th St Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

914 18th St Market Data

Based on the last 30 days in this zip code

$2,127,773
Average List Price
$1,225
Average Price per Square Foot
22
Properties Sold
90
Average Days on Market
297
Properties for Sale
Calculations provided by Reliance Network

914 18th St History

Date Event Value Agent
6/1/2026Source: CRMLS Added to Database
June 01, 2026
6/1/2026Source: TheMLS (CLAW) Added to Database
June 01, 2026
10/4/2022Source: CRMLS Added to Database
October 04, 2022
6/24/2022Source: TheMLS (CLAW) Added to Database
June 24, 2022
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