1115 14th ST
Santa Monica, CA, 90403
$20,650,000
44 Beds
43 Baths
34,281 SqFt
0.35 Acres
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We are pleased to present 1115 14th Street, a premier 23-unit apartment building located in Santa Monica’s coveted “North of Wilshire” neighborhood. Built in 1972, this exceptionally rare property stands out in a submarket where most multifamily assets consist of fewer than 10 units. Since 2019, ownership has invested over $3,300,000 in high-end capital improvements, transforming the building into one of the most meticulously renovated and desirable offerings in Santa Monica. The unit mix is outstanding: one studio ADU, five one-bedroom/one-bath units, fourteen two bedroom/two-bath units, two three-bedroom/two-bath units, and a spectacular two-story four bedroom penthouse. Fifteen of the units have been fully modernized with wide-plank vinyl flooring, quartz countertops, recessed lighting, modern cabinetry, stainless steel appliances, stacked in-unit washers and dryers, smooth ceilings, and central HVAC. The property’s crown jewel is the penthouse, which received $500,000 in renovations. This ultra luxurious residence includes a private key-locked elevator, 360-degree rooftop deck, a gourmet Thermador kitchen with expansive island, open living room with fireplace and wet bar, home office, laundry room with high-end washer/dryer, two powder rooms, surround sound, ample storage, and a primary suite featuring a steam shower and freestanding tub. This unit is unmatched in the SantaMonica rental market. Beyond the units, significant building-wide upgrades have been completed, including upgraded plumbing and electrical, new windows, complete elevator modernization with all new hydraulics, electronics, and cab, roof improvements, solar installation, and professionally renovated hallways and lobby. The building offers 33 subterranean parking spaces well above local standards including EV charging stations. With its scale, prime location, meticulous renovations, assumable financing, and substantial remaining rental upside, 1115 14th Street represents a rare turnkey investment opportunity in one of Southern California’s most supply-constrained and desirable rental markets.

Property Details

Price:
$20,650,000
MLS #:
25602635
Status:
Active
Beds:
44
Baths:
43
Type:
Single Family
Neighborhood:
c14santamonica
Listed Date:
Oct 15, 2025
Finished Sq Ft:
34,281
Total Sq Ft:
34,281
Lot Size:
15,030 sqft / 0.35 acres (approx)
Year Built:
1972
C14 – Santa MonicaC14santamonica

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Schools

Interior

Appliances
DW, GD, MW, RF, TC
Cooling
CA
Flooring
LAM
Heating
CF
Laundry Features
CM, STK

Exterior

Parking Spots
33

Financial

Gross Operating Income
$1,343,607
Net Operating Income
$927,119

Map

Community

Market Summary

Current real estate data for Single Family in Santa Monica as of Dec 08, 2025
143
Single Family Listed
88
Avg DOM
478
Avg $ / SqFt
$2,146,752
Avg List Price

Property Summary

    1115 14th ST Santa Monica CA is a Single Family for sale in Santa Monica, CA, 90403. It is listed for $20,650,000 and features 44 beds, 43 baths, and has approximately 34,281 square feet of living space, and was originally constructed in 1972. The current price per square foot is $602. The average price per square foot for Single Family listings in Santa Monica is $478. The average listing price for Single Family in Santa Monica is $2,146,752.

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1115 14th ST
Santa Monica, CA