$19,995,000
-$555,0001115 14th Street, Santa Monica CA 90403
Multi-Family (23 Units)
Property type
241 days
On market
$583
Price per sqft
N/A
Garage
1972
Year built
15,030 sqft
Lot size
Home highlights
Open Houses
Overview
NEW PRICING. 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...
Listing provided by: Jonathan Taksa DRE #01366169 424-672-8220, Remax Commercial and Investment Realty
Listing updated: May 5, 2026 at 03:28pm.
Last checked: Jun 4, 2026 at 01:30pm
Source: CRMLS #25602635
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 5 | 4 | — | $19,950 | $19,950 | $19,950 | Unfurnished |
| 1 | 3 | 2 | — | $6,760 | $6,760 | $7,000 | Unfurnished |
| 1 | 3 | 2 | — | $1,765 | $1,765 | $7,000 | Unfurnished |
| 14 | 2 | 2 | — | $4,577 | $64,084 | $83,830 | Unfurnished |
| 6 | 1 | 1 | — | $2,985 | $17,909 | $25,170 | Unfurnished |
# of Buildings: 1
# of Units Total: 23
Dishwasher: 23
Disposal: 23
Refrigerator: 23
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
15.0x
List Price / Annual Gross Rent
Cap Rate
4.54%
NOI / List Price
Net Operating Income: $932,445
Interior
Flooring: Laminate
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor
Fireplace: Den
Laundry: Common Area, Stacked
Exterior
Stories Total: 3
Levels: One, Two
Window Features: Double Pane Windows
Property Condition: Updated Remodeled
Garage and Parking
Parking: Assigned, Garage, Gated, Side By Side, Tandem
Parking Total: 33
Lot Information
Land Lease: No
Parcel #: 4281011029
Additional Parcels: No
Zoning: SMR2*
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1115 14th Street, Santa Monica, CA 90403. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$15,996,000
Total Interest
$20,402,016
Total Payment
$36,398,016
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$122,084
per month
Property History for 1115 14th Street
Santa Monica Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90403.
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