Property Detail

840 18th

Santa Monica CA 90403

$4,250,000

Status: Active

Property Details

Description

We are pleased to offer for sale an incredibly unique multifamily asset located at 840 18th Street in the heart of LA's famed beach city of Santa Monica. The offering presents the ultimate opportunity for an owner-user to "make it their own" and create a one of a kind 3-story luxury unit in a 7-unit building steps away from prestigious Montana Avenue. There is no doubt that this offering is the quintessential owner-user opportunity seldom available to be purchased in such a premier location on the Westside. Originally built in 1970 by the current owner's family, the building boasts an ideal unit mix consisting of large 2 and a vacant 3-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. The owner's unit is over 3,000 square feet (Buyer to verify) and includes 3 bedrooms, 3 bathrooms, a large living room and a den, and a full basement with an in-unit washer and dryer. There is also a very large garage with private entry into the unit. The amazing unit will be delivered vacant at the close of escrow. From an investment perspective, the property has an incredible unit mix consisting of one 3+3 owner's unit and six 2+2 units. All units have private outdoor space, large living rooms, and nicely appointed bedrooms with large closets. There is significant rental upside, ample on-site parking, all copper plumbing (Buyer to verify), a newer roof, as well as an on-site laundry facility and a video surveillance system. A quick stroll to high-end dining, retail, and entertainment venues of Montana Avenue, and in close proximity to the beautiful beach, the property will enable an owner-user to create their private sanctuary while also being situated close to all Santa Monica has to offer. With incredible in-place income and enormous rental upside potential, 840 18th Street gives buyers the unique opportunity to own a generational asset in one of LA's most prized and coveted locations.

Map Location

Listing provided courtesy of Jonathan Taksa of Remax Commercial and Investment Realty. Last updated 2025-03-12 08:11:31.000000. Listing information © 2025 CRMLS.

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Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

People choose to work with me for my full service expertise, experience and ethics. My base of loyal customers is the reason I am successful in this competitive sales market.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"Ever was simply excellent. He is thorough, approachable and very knowledgable of the house buying process. We appreciated his manner and help throughout our purchase process - he never made us feel pressured to select a house and helped us find a perfect match. He was especially helpful when we needed to juggle urgent travel during the Escrow process, helping us set up power of attorney. We would recommend Ever to any type of buyer and will certainly use him for any future real estate needs that we have."

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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