827 18th ST
Santa Monica, CA, 90403
$2,995,000
13 Beds
13 Baths
8,406 SqFt
0.18 Acres
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MLS #26645245 image #0
We are proud to present this opportunity to acquire 827 18th Street, an exceptional multifamily property located just half a block south of coveted Montana Avenue. Built in 1959 and well maintained with pride of ownership, this 100% occupied mid-century asset was designed to maximize livability with oversized floor plans, many featuring private balconies or yard space, along with decorative fireplaces that enhance the charm and character of each residence. The property consists of six (6) large units, including five (5) two-bedroom/two-bath units and one (1) three-bedroom/three-bath unit located on the second floor. The units offer spacious living areas with dedicated dining space, large kitchens, and ample storage throughout. The building also includes a dedicated laundry room, five (5) on-site parking spaces, and tenant storage. Each unit is separately equipped with its own water heater. A well-kept front courtyard further enhances curb appeal, with direct access for Unit A. The building totals approximately 8,406 SF on an 8,001 SF lot, zoned SMR2. The two-bedroom units average approximately 1,350 SF, while the three-bedroom unit is estimated at 1,650 SF, making this an attractive unit-size profile for the area. Current rental income is effectively generating approximately $2.00/SF, with significant upside potential of approximately 62%, highlighting a compelling opportunity for income growth. Recent improvements include exterior painting, electrical updates, a newer roof, and plumbing upgrades, with two units recently updated. This is a rare chance to acquire a pride-of-ownership Santa Monica asset with strong in-place income and meaningful long-term upside.

Property Details

Price:
$2,995,000
MLS #:
26645245
Status:
Active
Beds:
13
Baths:
13
Type:
Single Family
Neighborhood:
c14santamonica
Listed Date:
Jan 29, 2026
Finished Sq Ft:
8,406
Total Sq Ft:
8,406
Lot Size:
8,004 sqft / 0.18 acres (approx)
Year Built:
1959
C14 – Santa MonicaC14santamonica

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Schools

Interior

Cooling
NO
Heating
FA

Exterior

Parking Spots
5

Financial

Gross Operating Income
$194,888
Net Operating Income
$120,142

Map

Community

Market Summary

Current real estate data for Single Family in Santa Monica as of Feb 24, 2026
421
Single Family Listed
77
Avg DOM
452
Avg $ / SqFt
$1,876,609
Avg List Price

Property Summary

    827 18th ST Santa Monica CA is a Single Family for sale in Santa Monica, CA, 90403. It is listed for $2,995,000 and features 13 beds, 13 baths, and has approximately 8,406 square feet of living space, and was originally constructed in 1959. The current price per square foot is $356. The average price per square foot for Single Family listings in Santa Monica is $452. The average listing price for Single Family in Santa Monica is $1,876,609.

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827 18th ST
Santa Monica, CA