$3,100,000
914 18th Street Santa Monica, CA 90403
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$3,100,000
Est. payment /mo
5,100 SqFt
Active
914 18th Street Santa Monica, CA 90403
UPDATED:
11/14/2024 08:13 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $607
MLS Listing ID CL24422677
HOA Y/N No
Year Built 1927
Lot Size 8,023 Sqft
Acres 0.18
Property Description
Presenting an incredible value-add opportunity in the heart of Santa Monica! This property comes RTI for a 7-unit apartment building. Delivered fully vacant and one block from Montana Avenue. The plan features a tasteful renovation of the 4 existing apartments while adding 3 additional units. The charming courtyard-style style configuration with (1) one-bedroom and (3) two-bedroom bungalow-style units surrounding a sunlit gardenwith the opportunity to build an additional duplex on what is currently the center courtyard, and a studio ADU over the garage. Seller has plans and permits stamped and approved to build three ADUs and renovate the existing units into Class A Spanish-style bungalows. A can't-miss opportunity to build one of the few new construction apartment complexes in the most desirable renter's market in Los Angeles.
Location
State CA
County Los Angeles
Area Listing
Zoning SMR2
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Type None
Building
New Construction No
Others
Tax ID 4277009003
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Listed by Jacqueline Chernov • Compass
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