REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 19,750,000
Est. payment | /mo
34,281 SqFt
$ 19,750,000
Est. payment | /mo
34,281 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 34,281 sqft
Price per Sqft $576
MLS Listing ID CL25602635
HOA Y/N No
Year Built 1972
Lot Size 0.345 Acres
Acres 0.345
Property Sub-Type Other
Property 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.
Location
State CA
County Los Angeles
Zoning SMR2*
Interior
Heating Other
Cooling Central Air
Flooring Laminate
Fireplace No
Laundry Common Area, Other
Building
New Construction No
Others
Tax ID 4281011029
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jonathan Taksa • Remax Commercial and Investment Realty
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION