UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62.
Charming 6 Unit Garden Apartment building on a tree lined street, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite.
Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair,
Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals.
Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.
Sold for $2,176,000
Listing Provided by: Capital RE Group
Bought with: Treeline Realty & Investment
$2,176,000
1523 18th St, Santa Monica, CA 90404
8beds
6baths
5,238sqft
Multi Family
Built in 1976
-- sqft lot
$2,187,200 Zestimate®
$415/sqft
$4,695 Estimated rent
Home value
$2,187,200
$1.99M - $2.41M
$4,695/mo
Zestimate® history
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List your homeWhat's special
Two car garagePrivate patiosTree lined streetHardwood floorsOpen floor plansVaulted ceilings
Zillow last checked:
Listing updated:
Listing Provided by:
Bruce Kusada DRE #00639308 310-717-9405,
Capital RE Group
Bought with:
Hank Hoang, DRE #01421175
Treeline Realty & Investment
Source: CRMLS,MLS#: SB24030349
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Other
- Features: Walk-In Closet(s)
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Electric Range, Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator
- Laundry: Common Area
Features
- High Ceilings, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
- Flooring: See Remarks, Wood
- Has fireplace: Yes
- Fireplace features: Bath, Dining Room, Electric, Gas, Kitchen, Living Room, Outside
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,238
- Total interior livable area: 5,238 sqft
Property
Parking
- Total spaces: 9
- Parking features: Covered, Carport, Garage Faces Front, Garage, Gated
- Carport spaces: 9
Accessibility
- Accessibility features: See Remarks, Accessible Hallway(s)
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 7,500 sqft
- Dimensions: 50 x 150
- Features: Front Yard, Landscaped, Level, Near Public Transit, Street Level
Details
- Parcel number: 4725013025
- Zoning: SMR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: See Remarks
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Biking, Curbs, Park, Storm Drain(s), Street Lights, Suburban, Sidewalks
Location
- Region: Santa Monica
HOA & financial
Other financial information
- Total actual rent: 160869
Other
Other facts
- Listing terms: Cash to New Loan
- Road surface type: Alley Paved, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $2,176,000-2.2%$415/sqft |
Source:  CRMLS #SB24030349 Report a problem | ||
| 7/4/2025 | Contingent | $2,225,000$425/sqft |
Source: CRMLS #SB24030349 Report a problem | ||
| 6/4/2025 | Pending sale | $2,225,000$425/sqft |
Source: CRMLS #SB24030349 Report a problem | ||
| 4/11/2025 | Contingent | $2,225,000$425/sqft |
Source: CRMLS #SB24030349 Report a problem | ||
| 8/7/2024 | Price change | $2,225,000-11%$425/sqft |
Source: CRMLS #SB24030349 Report a problem | ||
| 5/6/2024 | Listed for sale | $2,500,000$477/sqft |
Source: CRMLS #SB24030349 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Mid-City
Nearby schools
GreatSchools rating
- 7/10McKinley Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Lincoln Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Santa Monica High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$2,187,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,187,200
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