914 18th Street, Santa Monica, CA 90403

• 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:

April 9, 2026

Data Last Updated:

May 20, 2026 at 7:06AM

Listing Office:

Rodeo Realty : 310-724-7100

Listing Agent:

Jimmy Heckenberg : 310-650-1116

MLS ID:

CL26691689

Interior

• A/C: None
• Heating: None

Exterior

• Parking: None

Location

• County: Los Angeles

Lot

• Zoning: SMR2*4277009003