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$2,176,000
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Property Description
UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62.
Charming 6 Unit Garden Apartment building on a tree lined street, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite.
Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair,
Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals.
Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.
Full Property Details
Full Property Details for 1523 18th St
General
- Sold For: $2,176,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB24030349
- Added to Site: 876 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Walk-In Closet
- Interior Features: High Ceilings
- Fireplace(s): Bath, Dining Room, Kitchen, Living Room, Patio, Electric, Gas
- Appliances: Free-Standing Range, Disposal, Gas & Electric Range, Microwave, Refrigerator
- Flooring: See Remarks, Wood
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Parking Features: Carport, Covered, Garage, Garage Faces Front, Gated
- Parking: Carport, Covered, Garage, Garage Faces Front, Gated
Location
- Area: C14 - Santa Monica
- County: Los Angeles
- Development Name: C14 - Santa Monica
- Driving Directions: 1 1/2 blocks south of Santa Monica Bl, west of 20th Street
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 7
- # Electric Meters: 7
Structural Information
- Architectural Style: See Remarks
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 5,238
- Year Built: 1976
Lot Features
- Property View: None
- Lot Size (Acres): 0.1722
- Lot Size Source: Assessor
- Lot Dimensions: 50 x 150
- Zoning: SMR2
- Lot Description: Front Yard, Landscaped, Level with Street, Lot 6500-9999, Level, Near Public Transit
Financial Considerations
- Price Per Sq. Ft.: $415.43
- Price Per Unit: 370833
Disclosures and Reports
- Exclusions: Apt 6 owns their refrigerator and microwave, Apt 1 owns their microwave.
- Inclusions: Most units include refrigerator, oven/store and microwave.
Listed by Capital RE Group, Bruce Kusada
Sold by Treeline Realty & Investment, Hank Hoang
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Schools
Schools serving 1523 18th St
School District:Santa Monica-Malibu Unified School District
| Name | Grades | Distance |
|---|---|---|
McKinley Elementary School, Santa Monica, CA 2401 Santa Monica Boulevard, Santa Monica, CA 90404 | K-5 | 0.5 mi |
Lincoln Middle School, Santa Monica, CA 1501 CA Ave., Santa Monica, CA 90403 | 6-8 | 0.7 mi |
Santa Monica High School 601 Pico Boulevard, Santa Monica, CA 90405 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1523 18th St
Date
Details
Price
Change
Source
8/29/2025
Sold
$2,176,000
-2.2%
MLS
8/07/2024
Price Reduced
$2,225,000
-11%
MLS
5/06/2024
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1523 18th St, Santa Monica, CA 90404 (MLS# SB24030349) is a Multi-Family property that was sold at $2,176,000 on August 29, 2025. Want to learn more about 1523 18th St? Do you have questions about finding other Multi-Family real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.

