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1443 18Th St

Santa Monica, CA 90404
  • $2,850,000
  • STATUS: Active
  • ON SITE: 109 Days
  • ID#: 21-773044
UPDATED: 32 min ago
$2,850,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

SEE MARKETING PACKAGE IN DOCS. 1443 18th Street is 7,500-square-foot vacant lot with Architectural Review Board and Administrative Approvals for a two-story 11-unit apartment project. The property is rectangular in shape with 50 feet of lot frontage. The designed unit mix consists of eight studio + loft units, one 1bed +1bath + loft unit and two 2bed + loft + 1bath units. All units in the design include loft space and private deck areas with several units having private rooftop decks, creating a comfortable, boutique feel to the project for prospective tenants. The design includes a subterranean parking garage with 13 parking spaces, and bicycle parking is also included with 16 spaces. One unit at the property must function as tenant income-restricted, which means that it can only be leased to households that do not exceed 180%of the Area Median Income. There are no caps on the initial rent and any adjustment shall not exceed 100% of CPI.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-04T13:42:44.21. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.bringingyouhomescv.com/homes/120530426
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1443 18Th St Santa Monica, CA 90404

  • Price: $2,850,000
  • Status: Active
  • On Site: 109 Days
  • Updated: 32 min ago
  • ID#: 21-773044
0
Beds
0
Baths
0
½ Baths
0.17
Acres
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
SEE MARKETING PACKAGE IN DOCS. 1443 18th Street is 7,500-square-foot vacant lot with Architectural Review Board and Administrative Approvals for a two-story 11-unit apartment project. The property is rectangular in shape with 50 feet of lot frontage. The designed unit mix consists of eight studio + loft units, one 1bed +1bath + loft unit and two 2bed + loft + 1bath units. All units in the design include loft space and private deck areas with several units having private rooftop decks, creating a comfortable, boutique feel to the project for prospective tenants. The design includes a subterranean parking garage with 13 parking spaces, and bicycle parking is also included with 16 spaces. One unit at the property must function as tenant income-restricted, which means that it can only be leased to households that do not exceed 180%of the Area Median Income. There are no caps on the initial rent and any adjustment shall not exceed 100% of CPI.
Exterior Features

Lot Size Area 7500 View Description Any View YN Yes

Property Features

Cable YN No Sale Type Standard Source Lot Size Area Vendor Enhanced Zoning See Docs

Listing provided courtesy of Josh Kaplan DRE#01934177 of Transwestern Property Company West, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-04T13:42:44.21. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Montemayor & Associates | RE/MAX of Santa Clarita
25129 The Old Road, Suite 114
Stevenson Ranch CA, 91381