914 18Th Street
Santa Monica, CA 90403
$195,000.00 (-5.92%)
Active for $3,100,000
Beds: 7 Baths: 4 Structure Size: 5,100 sqft Lot Size: 8,023 sqft
| MLS | 24422677 |
| Year Built | 1927 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $3,100,000 |
| Structure Size | 5,100 sqft |
| Lot Size | 8,023 sqft |
| Beds | 7 |
| Baths | 4 |
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.
Listing information courtesy of: Jacqueline Chernov, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of 11/15/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Albert Babayan
Broker Associate
Direct: 818.469.9388
Email: Email Me
DRE: 01012033
DRE #01873088
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