1115 14th St , Santa Monica, CA 90403
$19,750,000
Est. Payment: $104,608.95/mo
14 Bed
11 Bath
34281 Sqft
Status: Active | Days on site: 310
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CLW-X7538301 - CLW-X90025
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House Description

NEW PRICING AS OF JUNE. AMAZING ASSUMABLE FINANCING. 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.

Highlights

Listed by Jonathan Taksa , 424-672-8220 Remax Commercial and Investment Realty , 213-817-1000. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.35

Year Built

1972

County

Los Angeles

Area

C14 - Santa Monica

Listing ID

25602635

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:14
  • Bathrooms:11
  • Full Bathrooms:0
Appliances:Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor
Air Cond:Central Air
Fireplaces:Den
Floor:Laminate

Exterior Features

Lot:No Land Lease
Garage Capacity:33
Zoning:SMR2*
Others:
  • Additional:Updated/Remodeled, 2+ Total Units
Parking Features:Assigned,Garage,Gated,Side By Side,Tandem
Principal Interest
$104,609
Taxes
$12,591

Home Price

$19,750,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$3,950,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$104,608.95

Principal

Taxes

Principal Taxes HOA Total
Monthly $104,608.95 $12,590.63 $0.00 $117,199.57
Yearly $1,255,307.39 $151,087.50 $0.00 $1,406,394.89
Total $37,659,221.85 $4,532,625.00 $0.00 $42,191,846.85

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Santa Monica, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T13:02:28.000Z

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