Description
823 18th st is an incredible multi-family asset in a prime santa monica location, just south of montana ave. this charming five (5) unit property has a desirable unit mix of four (4) 2 br + 1 bath and one (1) 1 br + 1 bath units. the property has three separate structures with the front building consisting of two (2) 2 br + 1 bath units. the middle structure has two (2) 2 br + 1 bath units. at the very rear of the property is a 1 br + 1 bath unit that sits on the second level above the carport parking structure. some of the units have washer/dryer hookups. next to the carport parking structure is a two car garage that has the potential to be converted in an adu. two of the five units are paying well below market rents, creating a value-add opportunity for new ownership. strategically positioned just a few steps from montana ave., 823 18th st. offers unparalleled access to some of the most sought after shopping, restaurants and entertainment in all of santa monica. with strong in-place income, significant rental appreciation potential, and a desirable tenant base, this property is a rare chance to acquire a prime, income-generating asset in one of los angeles' most sought-after neighborhoods.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48760141
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 9
Bathroom Information
- Total Baths: 5
- Full Baths: 0
- Half Baths: 0
Cooling Features
- None
- Air Conditioning
Heating Source
- None
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1948
- Building Area Total: 4,313
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1834
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 7990
-
Listing Information
Listing Price Information
- Original List Price: 2,495,000
- Listing Contract Date: 2025-02-24
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4277008064
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C14 - Santa Monica
- Directions: Just south of Montana Ave, and West of 20th St .
- Zoning: SMR2*
- Source Property Type: Residential Income
- Area: C14 - Santa Monica
Building and Construction
- Property Age: 77
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 4313
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 03/30/2025 @ 07:29
- MLS: 25504777
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 9 bedrooms which is for sale, it has 4,313 sqft, 7,990 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Santa Monica , in zip code 90403, this Los Angeles County Home are nearby neighborhoods.