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For sale
  • Price cut: $145K (6/1)
    $2,550,000

    914 18th St, Santa Monica, CA 90403

    7beds
    4baths
    5,100sqft
    : 
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    Multi Family
    Built in 1927
    -- sqft lot
    $-- Zestimate®
    $500/sqft
    $-- HOA

    What's special

    Class a spanish-style bungalowsSurrounding a sun-filled garden
    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!
    39 days
    |
    400
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jimmy Heckenberg DRE # 01910100 310-650-1116,

    Rodeo Realty 310-724-7100

    Source: CLAW,MLS#: 26841047MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      Heating
      • None
      Cooling
      • None
      Interior area
      • Total structure area: 5,100
      • Total interior livable area: 5,100 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: None
      Features
      • Levels: Multi/Split
      • Stories: 2
      Lot
      • Size: 8,023 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 4277009003
      • Zoning: SMR2*
      • Special conditions: Standard
      • Other equipment: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Fixer,Repairs Major,Tear Down
      • Year built: 1927

      Community & HOA

      Location
      • Region: Santa Monica

      Financial & listing details

      • Price per square foot: $500/sqft
      • Tax assessed value: $2,361,187
      • Annual tax amount: $30,389
      • Date on market: 6/1/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,577/mo

        Price history

        DateEventPrice
        6/1/2026Price change$2,550,000-5.4%$500/sqft
        Source: CLAW #26691689 Report a problem
        4/9/2026Price change$2,695,000-2%$528/sqft
        Source: CLAW #26691689 Report a problem
        2/24/2026Price change$2,750,000-1.6%$539/sqft
        Source: CLAW #26656231 Report a problem
        11/18/2025Price change$2,795,000-6.5%$548/sqft
        Source: CLAW #25601147 Report a problem
        10/3/2025Listed for sale$2,990,000-0.2%$586/sqft
        Source: CLAW #25601147 Report a problem
        4/9/2025Listing removed$2,994,999$587/sqft
        Source: CLAW #25495711 Report a problem
        2/8/2025Listed for sale$2,994,999-0.2%$587/sqft
        Source: CLAW #25495711 Report a problem
        1/26/2025Listing removed$2,999,999$588/sqft
        Source: CLAW #24-422677 Report a problem
        11/25/2024Price change$2,999,999-3.2%$588/sqft
        Source: CLAW #24-422677 Report a problem
        8/22/2024Price change$3,100,000-5.9%$608/sqft
        Source: CLAW #24-422677 Report a problem
        8/2/2024Listed for sale$3,295,000-13.3%$646/sqft
        Source: CLAW #24-422677 Report a problem
        6/8/2023Listing removed--
        Source: CLAW #23-235847 Report a problem
        1/25/2023Listed for sale$3,800,000+70.8%$745/sqft
        Source: CLAW #23-235847 Report a problem
        12/2/2020Sold$2,225,000-20.5%$436/sqft
        Source: CLAW #20611638 Report a problem
        8/27/2020Pending sale$2,800,000$549/sqft
        Source: Omega Realty Company #20611638 Report a problem
        7/30/2020Listed for sale$2,800,000$549/sqft
        Source: Omega Realty Company #20611638 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$30,389 +6.5%$2,408,410 +2%
        2024$28,543 +1.6%$2,361,187 +2%
        2023$28,088 +1.3%$2,314,890 +2%
        2022$27,740 +2.5%$2,269,500 +2%
        2021$27,055 +207.9%$2,225,000 +241.2%
        2020$8,787 $652,019 +2%
        2019$8,787 +8.1%$639,235 +2%
        2018$8,129 $626,702 +2%
        2017$8,129 +0.6%$614,414 +2%
        2016$8,081 +3.7%$602,368 +1.5%
        2015$7,795 +2.3%$593,321 +2%
        2014$7,618 $581,699 +5.3%
        2010-- $552,429 +1.8%
        2008-- $542,887 +2%
        2007-- $532,243 +2%
        2006-- $521,808
        2005-- $521,808 +4%
        2004-- $501,548 +1.9%
        2003-- $492,357 +2%
        2002-- $482,704 +4%
        2000-- $463,962
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Wilshire/Montana

        Getting around

        79 / 100
        Very Walkable
        57 / 100
        Good Transit
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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