$20,550,000

5 months ago

1115 14 Th St, Santa Monica, CA

Name: 1115 14 Th St, For Sale in Santa Monica - eXp Realty
Brand: Remax Commercial and Investment Realty
SKU: 25602635
Price: 20550000 USD

44 Bed

43 Bath

34281 sqft

33 Parking

MLS® 25602635

Key Facts
Description
Map

Key Facts

Type Other

Levels Residential Income

Size 34281 sqft

Garage Yes

HOA Fees

Taxes

Days Active 138

Approx. Age 1972

Avg. Price Per Sqft $599

MLS® Number 25602635

Property Address: 1115 14th St, Santa Monica, CA, 90402

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number25602635

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelCommon Area, Stacked

Exposure

Exterior

GarageYes

Approx. Age1972

Stories3

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 7, 2025List Date

$20,550,000List Price

Commute

Commute

Starting Address

Destination Address

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