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914 18th StreetSanta Monica, CA 90403

For Sale

$2,795,000

Smart Buyer Rebate $27,950

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!

Listed by Jimmy Heckenberg

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License #01910100

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Rodeo Realty

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310-650-1116

Last updated November 18, 2025

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Source: CRMLS #25601147

Listing Facts

  • TypeMulti-family
  • NeighborhoodWilshire-Montana
  • Bedrooms7
  • Days on Prevu75
  • Size5,100 sqft
  • Price per sqft$548

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/18/2025
Price Decreased
$2,795,000
10/29/2025
Status changed to Active
$2,990,000
10/23/2025
Status changed to Removed from Feed
$2,990,000
10/18/2025
Status changed to Active
$2,990,000
10/17/2025
Status changed to Removed from Feed
$2,990,000
09/26/2025
Listed by Rodeo Realty
$2,990,000

Property Details for 914 18th Street

Exterior

Construction

  • Number Of Units Total: 7
  • Property Attached: Yes
  • Property Condition: Fixer, Repairs Major
  • Stories Total: 2
  • Year Built: 1927
  • Common Walls: 1 Common Wall

Measurements

  • Building Area Total: 5,100
  • Lot Size Acres: 0.18
  • Lot Size Area: 8,023
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,023
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $387,600.00

Taxes

  • Parcel Number: 4277009003

Interior

Measurements

  • Living Area: 5,100

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7

Parking

Parking

  • Parking Total: 5

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 7 bedrooms in this multi-family home at 914 18th Street.

Does this multi-family home have parking?

Yes, there are 5 parking spaces available for 914 18th Street.

How does 914 18th Street compare to other multi-family homes in Wilshire-Montana?

This multi-family home is listed 26% below the average price for multi-family homes in Wilshire-Montana and has been on the market for 2 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,100 sqft.

914 18th Street is a 7-bedroom multi-family home for sale in Santa Monica CA 90403. Listed on Prevu for 75 days at $2,795,000. This includes a recent price decrease of $195,000. This property features 5,100 square feet of living space, located in Wilshire-Montana. The median listing price for multi-family homes in this area is $1,999,500. The home offers parking. View other multi-family home listings in Santa Monica.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.