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Image 1 - 914 18th St, Santa Monica, California, 90403 - House for sale
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Th St, Santa Monica, Home For Sale
914 18th St, Santa Monica, California, 90403

Th St, Santa Monica, Home For Sale

house for sale
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Listed: 08/03/24

914 18th St, Santa Monica, California, 90403

7 Bed:
4 Bath:
5,100 Sq Ft Living Area:
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Price
$ 3,3M

About This House

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.

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Santa Monica Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In August 2024, the asking price for 3 bed houses for sale in/near Santa Monica, United States averaged $2,811,238, staying on the same level compared to the previous month.
Median price trends for properties for sale in Santa Monica, United States as of August 2024.

Household Income

Median household income: $86,084
Number of households: 46,358
The average household income in Santa Monica, CA grew from $82,123 to $86,084 in the past year. This data is an estimate based upon 46,358 households in Santa Monica, CA.
The chart below presents how household income is distributed in Santa Monica, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Santa Monica, CA compared to median property taxes around the country. The prevalent amount of property taxes in Santa Monica, CA equals $3k+ , which is more than the national average.