CA > Santa Monica
Santa Monica, CA 90403,1115 14th St
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$20,650,000
Est. payment /mo
44 Beds
43 Baths
34,281 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 34,281 sqft

Price per Sqft $602

MLS Listing ID 25602635

Bedrooms 44

Construction Status Updated/Remodeled

Year Built 1972

Lot Size 0.345 Acres

Acres 0.345

Property Sub-Type Multi-Family

Property Description

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 in high-end capital improvements, transforming the building into one of the most meticulously renovated and desirable offerings in Santa Monica. The unit mix is outstanding: one studio ADU, five one-bedroom/one-bath units, fourteen two bedroom/two-bath units, two three-bedroom/two-bath units, and a spectacular two-story four bedroom penthouse. Fifteen of the units have been fully modernized with wide-plank vinyl flooring, quartz countertops, recessed lighting, modern cabinetry, stainless steel appliances, stacked in-unit washers and dryers, smooth ceilings, and central HVAC. The property's crown jewel is the penthouse, which received $500,000 in renovations. This ultra luxurious residence includes a private key-locked elevator, 360-degree rooftop deck, a gourmet Thermador kitchen with expansive island, open living room with fireplace and wet bar, home office, laundry room with high-end washer/dryer, two powder rooms, surround sound, ample storage, and a primary suite featuring a steam shower and freestanding tub. This unit is unmatched in the SantaMonica rental market. Beyond the units, significant building-wide upgrades have been completed, including upgraded plumbing and electrical, new windows, complete elevator modernization with all new hydraulics, electronics, and cab, roof improvements, solar installation, and professionally renovated hallways and lobby. The building offers 33 subterranean parking spaces well above local standards including EV charging stations. With its scale, prime location, meticulous renovations, assumable financing, and substantial remaining rental upside, 1115 14th Street represents a rare turnkey investment opportunity in one of Southern California's most supply-constrained and desirable rental markets.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Engineered Hardwood, Laminate

Fireplaces Type Den

Equipment Built-Ins, Dishwasher, Elevator, Freezer, Garbage Disposal, Ice Maker, Hood Fan, Intercom, Microwave, Other, Range/Oven, Refrigerator, Solar Panels, Stackable W/D Hookup, Trash Compactor, Water Line to Refrigerator

Laundry In Unit, Community

Exterior

Parking Features Assigned, Gated, Tandem, Side By Side

Garage Spaces 33.0

Building

Story 3

Level or Stories Two, One

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Remax Commercial and Investment Realty

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Kirshner Elkin Properties

+1(424) 214-0133

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