914 18th Street, Santa Monica, CA 90403

• 7 beds |
• 4 baths |
• 5,100 sqft

Property Description

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!

Listing Status:

Active

Date Added:

June 1, 2026

Data Last Updated:

July 5, 2026 at 3:17AM

Listing Office:

Rodeo Realty : 310-724-7100

Listing Agent:

Jimmy Heckenberg : 310-650-1116

MLS ID:

26841047

Interior

• A/C: None
• Heating: None

Exterior

• Parking: Parking spaces: 5

Construction

• General: 2

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: SMR2*4277009003

Financial

• Source: CRMLS_CL