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Sold for $2,484,000
  • Listing Provided by: Coldwell Banker Realty
    Bought with: Berkshire Hathaway HomeServices California Properties
    $2,484,000

    1024 18th St, Santa Monica, CA 90403

    6beds
    6baths
    3,641sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $682/sqft
    $7,546 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $7,546/mo

    Zestimate® history
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    $16,102/mo

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    What's special

    Welcome to your next investment opportunity in the heart of Santa Monica's prestigious Wilshire Montana neighborhood! This meticulously maintained 5-unit property boasts a desirable unit mix, including four spacious 1-bedroom/1-bathroom apartments and a charming freestanding home with 2 bedrooms and 2 bathrooms. Investors will appreciate the convenience of four single-car garages dedicated to the 1-bedroom units, offering tenants coveted parking in this sought-after area. Each unit is equipped with separate meters, ensuring hassle-free management and maximizing efficiency for potential landlords. Generating additional income, the property features an onsite laundry area, further enhancing its appeal to savvy investors looking to optimize revenue streams. Situated on a nearly 7,000 square foot lot, with alley access, this property offers both space and convenience. Don't miss out on this rare opportunity to own a prime multi-family property in one of Santa Monica's most coveted neighborhoods. Seize the potential for steady cash flow and long-term appreciation in this thriving rental market. Take the next step towards building your investment portfolio with this exceptional property!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Blake Nelle DRE #02081490 949-644-1600,

    Coldwell Banker Realty

    Bought with:

    Dan Mirakhor, DRE #02225827

    Berkshire Hathaway HomeServices California Properties

    Source: CRMLS,MLS#: NP24046247MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Heating
    • Wall Furnace
    Cooling
    • See Remarks
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,641
    • Total interior livable area: 3,641 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: first and second floors
    • Pool features: None
    Lot
    • Size: 6,612 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 4277027017
    • Zoning: SMR2*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Park, Street Lights, Suburban
    Location
    • Region: Santa Monica

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange

    Price history

    DateEventPrice
    7/25/2025Listing removed$6,250$2/sqft
    Source: Zillow Rentals Report a problem
    7/8/2025Listed for rent$6,250$2/sqft
    Source: Zillow Rentals Report a problem
    5/21/2024Sold$2,484,000-0.6%$682/sqft
    Source: CRMLS #NP24046247 Report a problem
    4/23/2024Contingent$2,499,000$686/sqft
    Source: CRMLS #NP24046247 Report a problem
    4/9/2024Listed for sale$2,499,000+49.2%$686/sqft
    Source: CRMLS #NP24046247 Report a problem
    2/18/2004Sold$1,675,000+71.8%$460/sqft
    Source: Public Record Report a problem
    6/17/2002Sold$975,000$268/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$32,198 +12.9%$2,533,680 +8.5%
    2024$28,513 +1.6%$2,334,965 +2%
    2023$28,065 +1.2%$2,289,186 +2%
    2022$27,722 +2.5%$2,244,305 +2%
    2021$27,044 +0.7%$2,200,303 +1%
    2020$26,863 $2,177,744 +2%
    2019$26,863 +7.4%$2,135,047 +2%
    2018$25,016 $2,093,188 +2%
    2017$25,016 +0.6%$2,051,979 +2%
    2016$24,866 +3.3%$2,011,745 +1.5%
    2015$24,066 +2.6%$1,981,528 +2%
    2014$23,445 $1,942,713 +4.5%
    2011-- $1,858,839 +0.5%
    2009-- $1,849,332 +4%
    2007-- $1,777,522 +2%
    2006-- $1,742,670 +72%
    2004-- $1,013,066 +1.9%
    2003-- $994,500 +665.5%
    2002-- $129,922 +4%
    2000-- $124,879

    Find assessor info on the county website

    Neighborhood: Wilshire/Montana

    Nearby schools

    GreatSchools rating