CA > Santa Monica
Santa Monica, CA 90403,914 18th St
Santa Monica, CA 90403,914 18th St
Santa Monica, CA 90403,914 18th St
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$3,100,000
Est. payment /mo
7 Beds
4 Baths
5,100 SqFt
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UPDATED:

11/14/2024 01:40 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $607

MLS Listing ID 24-422677

Bedrooms 7

Construction Status Fixer, Tear Down, Repairs Major

Year Built 1927

Lot Size 8,023 Sqft

Acres 0.1842

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 Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Garage None

Garage Spaces 5.0

Building

Story 2

Level or Stories Two

Construction Status Fixer, Tear Down, Repairs Major

Others

Special Listing Condition Standard

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Listed by Compass

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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