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1032 18th St

Santa Monica, CA 90403
  • $3,350,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 25541477
UPDATED: 55 min ago
$3,350,000
  • 8
    BEDS
  • 0.15
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 6,424
    SQFT
  • $521
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:
Area:

School Ratings & Info

Description

Situated just south of the iconic Montana Avenue retail corridor in Santa Monica, 1032 18th Street presents a rare opportunity to own a boutique 6-unit apartment building in one of the city's most desirable neighborhoods. This offering includes a spacious, private front-facing townhome-style owner's unit, perfectly suited for an owner-user seeking comfort, style, and privacy. Accessed by a charming pathway and double-door entry, the owner's unit designed three-level, 2-bedroom, 2.5-bath townhome. The main level features updated interiors, including a generous living room, fireplace, dining area, and a modernized kitchen that opens to a private balcony. A sleek, contemporary staircase connects to both the private 4-car garage +/- or a versatile bonus room offering valuable additional space for a gym, or studio, on the lower level with private laundry. Upstairs, two large bedrooms and two full bathrooms provide well-appointed spacious rooms. The remaining five units consist of Four 1-bedroom, 1-bath units and One 2-bedroom, 2-bath unit. From an investment standpoint, the property offers rental upside and has been well-maintained with updated electrical, copper plumbing (buyer to verify), a newer roof, and modern windows and sliding doors. Additional amenities include on-site parking and shared laundry facilities.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-24T17:43:05.84. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/164036409
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1032 18th St Santa Monica, CA 90403

  • Price: $3,350,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 55 min ago
  • MLS #: 25541477
8
Beds
9
Baths
0
½ Baths
0.15
Acres
6,424
SQFT
$521
$/SQFT
1973
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
Situated just south of the iconic Montana Avenue retail corridor in Santa Monica, 1032 18th Street presents a rare opportunity to own a boutique 6-unit apartment building in one of the city's most desirable neighborhoods. This offering includes a spacious, private front-facing townhome-style owner's unit, perfectly suited for an owner-user seeking comfort, style, and privacy. Accessed by a charming pathway and double-door entry, the owner's unit designed three-level, 2-bedroom, 2.5-bath townhome. The main level features updated interiors, including a generous living room, fireplace, dining area, and a modernized kitchen that opens to a private balcony. A sleek, contemporary staircase connects to both the private 4-car garage +/- or a versatile bonus room offering valuable additional space for a gym, or studio, on the lower level with private laundry. Upstairs, two large bedrooms and two full bathrooms provide well-appointed spacious rooms. The remaining five units consist of Four 1-bedroom, 1-bath units and One 2-bedroom, 2-bath unit. From an investment standpoint, the property offers rental upside and has been well-maintained with updated electrical, copper plumbing (buyer to verify), a newer roof, and modern windows and sliding doors. Additional amenities include on-site parking and shared laundry facilities.
Exterior Features

Carport Spaces Total 8 Covered Parking 2 Levels Multi/Split Lot Size Area 6639 Other Structures None Parking Garage Carport Total Parking 10

Interior Features

Cooling Wall Unit(s) Equipment None Heating Wall

Property Features

Disclosures As Is Gross Income 219312 Gross Operating Income 220512 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 146324.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 71983 Type Of Units Townhome Year Built Source Vendor Enhanced Zoning SMR2*

Listing provided courtesy of D. Timothy Byrne DRE#01186465 of Compass: 310-820-0195.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-24T17:43:05.84. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The Sandi Phillips Team | Compass
74199 El Paseo, Suite 200
Palm Desert CA, 92260