Active
1115 14th Street
Santa Monica CA, 90403
$20,850,000
$608.21 per sqft
Active
34,281 sqft
Other
Built in 1972
This is a prime investment opportunityat 1115 14th St, a 23-unit apartment complex located in the prestigious Wilshire Montana neighborhoodof Santa Monica. This well-maintained property boasts a desirable unit mix consisting of one single ADU,five one-bedroom units, 14 two-bedroom units, two three-bedroom units, and a four-bedroom penthouse,complemented by 33 parking spaces, including EV charging stations and above-parking storage spaces.Ownership has invested over $3.3 million in capital improvements since 2019, including the full renovationof 14 units featuring luxury upgrades such as stacked washers and dryers, wide plank vinyl flooring, recessedlighting, modern cabinetry, quartz countertops, stainless steel appliances, HVAC, and smoothed ceilings.Additionally, significant enhancements to the common areas and building systems have been made, includingplumbing, solar installation, complete elevator upgrade, and roofing improvements.The standout feature of the property is the four-bedroom penthouse, which underwent a $500k renovation.This two-story unit features a private, key-locked elevator, a 360-degree rooftop deck, a gourmet kitchen,an open living room with balcony access, and luxury amenities such as a home office, laundry room, andsteam shower.With no deferred maintenance
CL24452667
MLSⓇ ID
October 14, 2024
Listed
December 13, 2024
Updated
Map
1115 14th Street
Santa Monica CA, 90403
Interior Features
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.35 Acres
Other Property Details
Area Name
Santa Monica
Garage
No
Parking
Other
View
No
County
Los Angeles
Pool
No
Zoning
SMR2
Listed by Neema Ahadian with Marcus & Millichap
Listing Contact: 310-909-5444
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