About This Home

This 7-bedroom, 4-bathroom residential multi family at 914 18th St in Santa Monica, CA is listed for $2,495,000 ($489 per sqft). Built in 1927, the home offers 5,100 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1927
  • 0.18 acre lot
  • 2 stories
  • 5 parking spaces

Property Details

2 stories
8 full
5 spaces
1927
Listing Description

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!

Monthly Cost Estimate

$13,344/mo

20% down · 6.5% · 30 years

Principal$1,804
Interest$10,812
Insurance$728

Estimates only. Actual payments may vary.

Location

914 18th St

Santa Monica, CA 90403

Questions & Answers

This 7-bedroom, 4-bathroom residential multi family at 914 18th St is listed at $2,495,000 ($489/sqft). The estimated monthly payment is $13,344 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1927, 0.18 acre lot, 2 stories, 5 parking spaces.

This property is listed by Jimmy Heckenberg.

JH

Jimmy Heckenberg

License 01910100

Agent at Rodeo Realty

Listed by Rodeo Realty · Broker phone: (310) 471-2600 · View on Broker Site · Broker website

MLS# 26868435· Source: The MLS/CLAW· 84 days on PropertySimple

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.

914 18th St, Santa Monica, CA 90403

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