1438 14th St
Santa Monica, CA 90404
16 Beds
14 Baths
8,498 Sq Ft
45 Days on Market
For Sale $3,500,000
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Courtesy of Berkshire Hathaway HomeServices California Properties

Listing Agent & Comments

David PutnamBerkshire Hathaway HomeServices California Properties
310-820-9395Davidputnam5@gmail.com License #01036004
First time on the market! Great value-add opportunity on this very well maintained 10 unit property. Some rents can be raised to the MARs (Buyer to confirm with Santa Monica Rent Control). There are (6) 2 bedrooms/1 3/4 bathrooms and (4) 1 bedroom/1 bathroom apartments.12 car parking. The 2 front units are split level with high ceilings. Good long term upside in rents. Close to restaurants and shopping in sunny Santa Monica! Gross Annual Income using current rents is $237,884. This should improve to approximately $250,352 with the several rents which can be raised to match MARs. The Gross Income, GRM and Cap rate below are based on $250,352 Gross. See current Rent Roll with potential increases (see documents tab). Property will need soft-story retrofit. Seller has provided two contractor proposals (see documents tab). Inside with an accepted offer. Please do not disturb tenants. Please text for the quickest response. Voicemail and email also answered promptly. Thank you for your interest!

MLS# 24458595 • Data provided by CRMLS
Additional home details
Living Area8,498 Sq.Ft.
Lot Size7,492 Sq.Ft.
Total Rooms--
Bedrooms16
Bathrooms14
Stories2
Year Built1967
Property TypeMultifamily
ZoningSMR3*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$6,129
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$3,329,680
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Rental estimate and sale history
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HouseCanary, Inc. Brokerage

1438 14th St., Santa Monica, CA 90404

Multifamily
16 Beds
14 Baths
8,498 Sq Ft
45 Days on Market

Listing Agent & Comments

David PutnamBerkshire Hathaway HomeServices California Properties
310-820-9395Davidputnam5@gmail.com License #01036004
First time on the market! Great value-add opportunity on this very well maintained 10 unit property. Some rents can be raised to the MARs (Buyer to confirm with Santa Monica Rent Control). There are (6) 2 bedrooms/1 3/4 bathrooms and (4) 1 bedroom/1 bathroom apartments.12 car parking. The 2 front units are split level with high ceilings. Good long term upside in rents. Close to restaurants and shopping in sunny Santa Monica! Gross Annual Income using current rents is $237,884. This should improve to approximately $250,352 with the several rents which can be raised to match MARs. The Gross Income, GRM and Cap rate below are based on $250,352 Gross. See current Rent Roll with potential increases (see documents tab). Property will need soft-story retrofit. Seller has provided two contractor proposals (see documents tab). Inside with an accepted offer. Please do not disturb tenants. Please text for the quickest response. Voicemail and email also answered promptly. Thank you for your interest!

MLS# 24458595 • Data provided by CRMLS
Additional home details
Living Area8,498 Sq.Ft.
Lot Size7,492 Sq.Ft.
Total Rooms--
Bedrooms16
Bathrooms14
Stories2
Year Built1967
Property TypeMultifamily
ZoningSMR3*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$6,129
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Rental estimate and sale history
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $3,500,000
Request tour
Save
Courtesy of Berkshire Hathaway HomeServices California Properties
1438 14th St
Santa Monica, CA 90404
16 Beds
14 Baths
8,498 Sq Ft
45 Days on Market

Listing Agent & Comments

David PutnamBerkshire Hathaway HomeServices California Properties
310-820-9395Davidputnam5@gmail.com License #01036004
First time on the market! Great value-add opportunity on this very well maintained 10 unit property. Some rents can be raised to the MARs (Buyer to confirm with Santa Monica Rent Control). There are (6) 2 bedrooms/1 3/4 bathrooms and (4) 1 bedroom/1 bathroom apartments.12 car parking. The 2 front units are split level with high ceilings. Good long term upside in rents. Close to restaurants and shopping in sunny Santa Monica! Gross Annual Income using current rents is $237,884. This should improve to approximately $250,352 with the several rents which can be raised to match MARs. The Gross Income, GRM and Cap rate below are based on $250,352 Gross. See current Rent Roll with potential increases (see documents tab). Property will need soft-story retrofit. Seller has provided two contractor proposals (see documents tab). Inside with an accepted offer. Please do not disturb tenants. Please text for the quickest response. Voicemail and email also answered promptly. Thank you for your interest!

MLS# 24458595 • Data provided by CRMLS
Additional home details
Living Area8,498 Sq.Ft.
Lot Size7,492 Sq.Ft.
Total Rooms--
Bedrooms16
Bathrooms14
Stories2
Year Built1967
Property TypeMultifamily
ZoningSMR3*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$6,129
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$3,329,680
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Rental estimate and sale history
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $3,500,000
Request tour
Save
Courtesy of Berkshire Hathaway HomeServices California Properties