1024 18th St, Santa Monica, CA 90403
UNDER CONTRACT
Listed by Blake Nelle, Coldwell Banker Realty, (949) 644-1600

1024 18th St
Santa Monica, CA 90403

Wilshire/Montana
  • 6 Beds
  • 6 Baths
  • 3,641 sqft
  • 6 Beds
  • 6 Baths
  • 3,641 sqft

$2,499,000

Est. Mortgage $15,872/mo*
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We estimate this home will sell faster than 86% nearby.

Local Information

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Description

Welcome to your next investment opportunity in the heart of Santa Monica's prestigious Wilshire Montana neighborhood! This meticulously maintained 5-unit property boasts a desirable unit mix, including four spacious 1-bedroom/1-bathroom apartments and a charming freestanding home with 2 bedrooms and 2 bathrooms. Investors will appreciate the convenience of four single-car garages dedicated to the 1-bedroom units, offering tenants coveted parking in this sought-after area. Each unit is equipped with separate meters, ensuring hassle-free management and maximizing efficiency for potential landlords. Generating additional income, the property features an onsite laundry area, further enhancing its appeal to savvy investors looking to optimize revenue streams. Situated on a nearly 7,000 square foot lot, with alley access, this property offers both space and convenience. Don't miss out on this rare opportunity to own a prime multi-family property in one of Santa Monica's most coveted neighborhoods. Seize the potential for steady cash flow and long-term appreciation in this thriving rental market. Take the next step towards building your investment portfolio with this exceptional property!

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$686
Listed
21 days ago

Home Details for 1024 18th St

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 6
Appliances & Utilities
Laundry: Common Area
Heating & Cooling
Heating: Wall FurnaceHas CoolingAir Conditioning: See RemarksHas HeatingHeating Fuel: Wall Furnace
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: first and second floors

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageParking Spaces: 4Parking: Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 21

Property Information

Year Built
Year Built: 1924
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 4277027017

Price & Status

Price
List Price: $2,499,000Price Per Sqft: $686

Active Status

MLS Status: Active Under Contract

Location

Direction & Address
City: Santa Monica

Agent Information

Listing Agent
Listing ID: NP24046247

Building

Building Area
Building Area: 3641 Square Feet

Community

Community Features: Curbs, Park, Street Lights, SuburbanNot Senior Community

HOA

Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 6612 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Has Rent Control

Miscellaneous

Mls Number: NP24046247Zillow Contingency Status: Under Contract

Additional Information

CurbsParkStreet LightsSuburban
Last check for updates: 1 day ago
Listing Provided by: Blake Nelle DRE #02081490
Coldwell Banker Realty
Originating MLS: California Regional MLS
Source: CRMLS, MLS#NP24046247

Price History for 1024 18th St

DatePriceEventSource
04/23/2024$2,499,000ContingentCRMLS #NP24046247
04/09/2024$2,499,000Listed For SaleCRMLS #NP24046247
02/18/2004$1,675,000Sold
N/A
06/17/2002$975,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$28,065
Assessment$2,289,186
Home facts updated by county records

Comparable Sales for 1024 18th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1902 Montana Ave, Santa Monica, CA
0.31
Multi-Family Home
$2,550,000
03/07/24
5
4
3,237
1258 Euclid St, Santa Monica, CA
0.50
Multi-Family Home
$2,298,000
03/22/24
6
5
3,190
1427 Euclid St, Santa Monica, CA
0.63
Multi-Family Home
$2,220,000
03/18/24
8
6
3,462
2214 Montana Ave, Santa Monica, CA
0.46
Multi-Family Home
$2,250,000
09/18/23
5
5
3,196
1112 11th St, Santa Monica, CA
0.53
Multi-Family Home
$2,400,000
04/01/24
8
8
5,388
1419 Idaho Ave, Santa Monica, CA
0.30
Multi-Family Home
$2,420,815
04/19/24
3
3
2,425
1701 California Ave, Santa Monica, CA
0.08
Multi-Family Home
$2,250,000
08/29/23
3
2
1,773
2816 Montana Ave, Santa Monica, CA
0.87
Multi-Family Home
$2,300,000
08/14/23
6
5
3,980

Neighborhood Overview

Wilshire/Montana
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Wilshire/Montana

  • Trulia User
    "it is a good area to walk a dog but it is not safe because of a lot of mentally ill people living on the curbs or at Reeds Park. it is a shame that this area used to be very nice, but now it is deteriorating very fast. over all it is not safe to walk after sunset."
    3
    Flag
  • Trulia User
    "It is close to both the MTA and Big Blue Bus stops. The train is in biking distance and the neighborhood is very walkable. The freeway is close by for an easy commute."
    0
    Flag
  • Trulia User
    "It’s a great neighborhood! Nice people, nice restaurants lots to do and lots of family friendly activities."
    1
    Flag
  • Abbstrack
    "Plenty of dogs and dog loving people walking around throughout the day. Very friendly neighborhood for dogs. "
    1
    Flag
  • Amleroy
    "Dogs are more welcome than children here. People always want to talk to my dog but are intimidated by my 5 year old"
    1
    Flag
  • Lopakshah
    "Dogs everywhere and places here are pet friendly. There’s a pop up dog adoption center every weekend on Montana "
    1
    Flag
  • Suenaon
    "It is a very quiet and safe area. All neighbors are nice and friendly. I consider it as one of the best places to raise my 1-year-old baby."
    0
    Flag
  • Eden
    "I’ve lived here for almost 5 years. Safe, clean, walkable neighborhood. Good coffee shops bit only a few really good dining options"
    9
    Flag
  • Suenaon
    "I have been living here for 4 years and I really liked it. It’s quite, but you are also close to stores and restaurants. "
    5
    Flag
  • Zaika
    "Too many homeless and dangerous to walk at night. Cafe owners are very welcome and always leave water for dogs outside. "
    1
    Flag
  • Gabbyshawcross
    "I commute to downtown using the Metro. It’s easy and pleasant. The area is well connected to cycle paths and has plenty of ride share scooters and bikes."
    3
    Flag
  • Lissapellicer
    "It’s definitely a doggies neighbourhood. All along Montana and down to Ocean, many places for dogs to play and run. "
    0
    Flag
  • N. Brown
    "There are tons of families in the neighborhood because of the fantastic schools and child-friendly activities in and around the neighborhood. "
    0
    Flag
  • Dieterpietschlpq
    "Hit and miss....I also have a dog and pick up from him what’s left on the greens. Perhaps I should be better and pick up other droppings but I don’tmostly but sometimes...as a community let’s Not roll over in ignorance to the neighbors that have no dogs....poop on the street is like “ second hand smoke “ for other’s!"
    0
    Flag
  • D.D.
    "Dog friendly area. Many dogs and places to take them to run (parks, nearby mountains, beaches). Many restaurants and other public places allow dogs. "
    0
    Flag
  • Beatrice C. L.
    "Pretty safe neighborhood, lots of dogs, people are nice, we like the shops on Montana avenue and not being too far from the beach "
    0
    Flag
  • Sina A.
    "Amazing foot access to Whole Foods, Starbucks, Peets, Drybar, Planet Blue and many restaurants. All a block away! "
    0
    Flag
  • Matthew K.
    "I walk to and from work. This is one reason why I live here. The walk is great and it’s beautiful all the time. There are now many issues with transients in the neighborhood which is unnerving for my girlfriend walk-in at night. "
    0
    Flag
  • Loren
    "Nice neighborhood, schools and parks. Great area. Closer to promenade has a lot of homeless. That's all I have to say at the moment"
    0
    Flag
  • Kristine Aronsohn
    "The proximities to the Pacific Ocean, Palisades Park, International Tourists makes me feel I am closer globally, Montana shops, the best part is I can walk for whatever I need and my car doesn’t leave the garage."
    3
    Flag
  • Morvarid29
    "I commute to Tarzana and it’s easy, but in general leaving Santa Monica is always hard 630-9a or 3-7p to anywhere in LA "
    0
    Flag
  • Meghan d.
    "The parks get a high percentage of homeless after dusk. tell kids to keep their scooters off the sidewalks as it effects the pedestrians. The train seems to be increasing crime around here "
    1
    Flag
  • Ksehwani
    "Great location short walk to shops and great coffee on Montana and short bike ride to 3rd street promenade "
    6
    Flag
  • Meghanmather
    "Schools not as great as they pretend to be. Overpriced & crowded now. Town Was nice 15 yrs ago. Everything is more expensive here & really bad traffic. Local government doesn’t care about residents "
    9
    Flag
  • Katelynn k.
    "I love the small town feel even in LA and being on the coast makes the weather a huge plus, as well as adds that beach community feel to the neighborhood. It’s cute and quaint while still being a very happening part of town."
    2
    Flag
  • Susan B.
    "Fresh Air from the Pacific Ocean, wide streets, trees, flowers and friendly neighbors. Closeness to all shops, restaurants and public transportation makes it easy to get around to shop. Cleanliness of neighborhood. There is city noise like occasional garbage trucks and ambulances during the day, but not in the evening or night. Safe. Sightings of occasional harmless homeless person might be disturbing to some."
    0
    Flag
  • Nabbers333
    "Friendly, safe and everything you could want within walking distance. Great shopping, restaurants and the beach!"
    0
    Flag

LGBTQ Local Legal Protections

Blake Nelle, Coldwell Banker Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. 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
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1024 18th St, Santa Monica, CA 90403 is a 6 bedroom, 6 bathroom, 3,641 sqft multi-family built in 1924. 1024 18th St is located in Wilshire/Montana, Santa Monica. This property is currently available for sale and was listed by CRMLS on Apr 9, 2024. The MLS # for this home is MLS# NP24046247.