Santa Monica, CA 90404 1507 14th Street

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Presented By: Malyn Dahlin with The Agency;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25570821
  • 07/29/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 5
  • Baths • 5
  • SQFT • 3,230
  • Garage • 4

Home Details

Unlock the potential of this exceptional income property in the heart of Santa Monica. Set on a 7,500 sq ft lot zoned SMC4, this rare offering includes five detached bungalows and four rentable garages, providing a unique blend of charm, flexibility, and value-add opportunity.With four of the five units delivered vacant, investors have immediate upside through renovation, lease-up, or redevelopment. Whether you're seeking stable rental income, a 1031 exchange candidate, or a future development play, this property offers the versatility and location to match.Ideally situated near the Expo Line, shops, restaurants, and Santa Monica Beach, this is your chance to own a piece of one of L.A.'s most desirable coastal neighborhoods. Don't miss out on this rare find - opportunities like this are few and far between.
Presented By: Malyn Dahlin with The Agency;

Interior Features for 1507 14th Street

Bedrooms

Total Bedrooms5

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths5

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Wood
Heating Y/NYes
Interior AmenitiesCeilingFans, OpenFloorplan
Laundry FeaturesCommonArea
Total Stories1

General for 1507 14th Street

Additional Parcels Y/NNo
AppliancesDishwasher, Refrigerator
Attached Garage No
Buyer FinancingCash, Conventional
Cap Rate4.73
Carport Y/NNo
CitySanta Monica
Community FeaturesGated
Construction MaterialsStucco
CoolingNone
CountyLos Angeles
DirectionsEast side of 14th Street just South of Broadway
Entry LocationGround Level - no steps
Facing DirectionWest
Full Baths
Garage Spaces4.0
Garage Y/NYes
Gross Income148884.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet7514.0
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income113246.0
New ConstructionNo
Number Of Units Total5
Occupancy TypeTenant
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCitySANTA MONICA
Property Attached Y/NNo
Property ConditionFixer
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
ViewPeekABoo
Virtual TourClick here
Year Built1923
ZoningSMBCD*

Exterior for 1507 14th Street

Building Area Total3230.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1725
Lot Size Area7514.0
Number of Buildings5
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Parking FeaturesDoorSingle, Garage
Private PoolNo
SpaNo
Total Parking4.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,395,000
MLS#25570821
List Date 07/29/2025
Property Type Multi-Family
Phone 714.742.6515
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