Listing provided courtesy of David Schuchman of Roque & Mark Company, Inc.. Last updated 2019-07-03 09:43:57.000000. Listing information © 2024 CLAW.

Asking Price: $4,150,000

848 18TH, Santa Monica CA 90403

Community: ​Santa Monica


This property was built in 1962 and is priced at $4,150,000. Please see the additional details below.
  • 9,318 Sq Ft
  • 14 bathrooms
  • 14 bedrooms
  • MLS#: 301387608120
  • Type:
  • Year Built: 1962
PRICE REDUCED! Rare opportunity to purchase a true pride of ownership 7 unit trophy property located between Idaho Ave and Montana Ave in the heart of Santa Monica. New roof in June 2018! Copper plumbing. Much larger than similar buildings with 9,318 sf of living area on an 8,000 sf lot with an alley. All seven units are big 2 bedrooms + 2 baths with large kitchens with breakfast bar, dining room, large living room, and a true master bedroom with en suite bath. Each unit has a large, private covered patio or balcony that is large enough to have a big table and chairs. Average unit size is approx. 1,330 sf. Excellent parking with 7 individual spaces and 9 if used as tandem. Most units remodeled with granite counters, dishwashers, and S/S appliances. The building is in excellent overall condition. Over 35% upside rent potential. Property is subject to City of Santa Monica rent control.

Call or Email David Bailey now to inquire about this property

310-850-2107