918 7th Street, Santa Monica, CA 90403
Local realty services provided by:CENTURY 21 Cornerstone
918 7th Street,Santa Monica, CA 90403
$4,495,000
- 16 Beds
- 14 Baths
- 9,420 sq. ft.
- Multi-family
- Active
Listed by: dominick faraone, errol spiro
Office: miller & desatnik realty co.310-202-9166
MLS#:26106596
Source:CRMLS
Price summary
- Price:$4,495,000
- Price per sq. ft.:$477.18
About this home
We are proud to present a prime 12-unit multifamily investment opportunity at 918 7th Street, ideally located in one of Santa Monica's most desirable neighborhoods, north of Wilshire Blvd. and just one block south of Montana Ave. The property features an excellent unit mix, significant capital improvements, and rental upside, with convenient walking distance to Montana Avenue's shops, restaurants, and cafes, as well as Palisades Park. Built in 1959, the building consists of (8) one-bedroom and (4) two-bedroom units and has benefited from a completed seismic retrofit, newer windows, and several renovated units. Interior features include recessed lighting, wood flooring, and dishwashers, complemented by private balconies and patios. The rear upstairs unit also offers an outdoor rooftop deck, and each unit has room to accommodate an in-unit washer and dryer. Parking includes four tandem spaces in front and additional covered parking off the rear alley. The neighboring property added two ADUs in its front parking area while retaining parking, suggesting the potential to pursue a similar configuration here. This potential, combined with rental upside and the opportunity to add in-unit laundry, offers several avenues for additional income and long-term value. An assumable loan is available at 5.97% with interest-only payments for three years. Contact the listing agents for additional information regarding the loan assumption....
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Home facts
- Year built:1959
- Listing ID #:26106596
- Added:1 day(s) ago
- Updated:November 06, 2026 at 12:28 PM
Rooms and interior
- Bedrooms:16
- Total bathrooms:14
- Kitchen Description:Refrigerator
- Living area:9,420 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1959
- Building area:9,420 sq. ft.
- Lot area:0.17 Acres
- Levels:2 Story
Finances and disclosures
- Price:$4,495,000
- Price per sq. ft.:$477.18
Parking
- Parking description:Garage, Tandem
- Garage:Yes
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