827 18th St

Santa Monica, CA 90403

$2,995,000
Price
13
Beds
13
Baths
8,406 Sq. Ft.
$356 / Sq. Ft.
8,406
Sq. Ft.
$356
per Sq. Ft.
Listed By Compass
Listed By Compass
a backyard of a house with lots of green space
a view of a house with a tree
a view of outdoor space yard and deck
an aerial view of a city
an aerial view of a city
a picture of city view
a view of lake and ships
an aerial view of residential houses with outdoor space
a view of balcony with furniture
a bathroom with a toilet and a sink
a view of a house with backyard
a front view of a building with sitting area

Description

We are proud to present this opportunity to acquire 827 18th Street, an exceptional multifamily property located just half a block south of coveted Montana Avenue. Built in 1959 and well maintained with pride of ownership, this 100% occupied mid-century asset was designed to maximize livability with oversized floor plans, many featuring private balconies or yard space, along with decorative fireplaces that enhance the charm and character of each residence. The property consists of six (6) large units,...We are proud to present this opportunity to acquire 827 18th Street, an exceptional multifamily property located just half a block south of coveted Montana Avenue. Built in 1959 and well maintained with pride of ownership, this 100% occupied mid-century asset was designed to maximize livability with oversized floor plans, many featuring private balconies or yard space, along with decorative fireplaces that enhance the charm and character of each residence. The property consists of six (6) large units, including five (5) two-bedroom/two-bath units and one (1) three-bedroom/three-bath unit located on the second floor. The units offer spacious living areas with dedicated dining space, large kitchens, and ample storage throughout. The building also includes a dedicated laundry room, five (5) on-site parking spaces, and tenant storage. Each unit is separately equipped with its own water heater. A well-kept front courtyard further enhances curb appeal, with direct access for Unit A. The building totals approximately 8,406 SF on an 8,001 SF lot, zoned SMR2. The two-bedroom units average approximately 1,350 SF, while the three-bedroom unit is estimated at 1,650 SF, making this an attractive unit-size profile for the area. Current rental income is effectively generating approximately $2.00/SF, with significant upside potential of approximately 62%, highlighting a compelling opportunity for income growth. Recent improvements include exterior painting, electrical updates, a newer roof, and plumbing upgrades, with two units recently updated. This is a rare chance to acquire a pride-of-ownership Santa Monica asset with strong in-place income and meaningful long-term upside.

Listing Agent

  1. Tim Byrne

    Tim Byrne

    Listing Agent

    Compass

    DRE #01186465

    tim.byrne@compass.com

    P: (310)-801-3442

    CallTextEmail

Property Details for 827 18th Street

Zoning
SMR2*
Parcel Number
4277008065
Total Units
6.0
Living Area
8406
Source Living Area
Vendor Enhanced
Area
Santa Monica (C14)
Vacancy Rate
0
Lot Size Area
8004
LISTING UPDATED: 02/05/2026 12:06 AM

Property Details for 827 18th Street

StatusActive
MLS #26645245
Days on Market27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.18 AC / 8,004 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Tim Byrne, DRE #01186465
Add your commute

Building Information for 827 18th Street

Stories-Residences-Year Built1959Building Size-Lot Size0.18 AC / 8,004 SF

Payment Calculator

$18,364 per month

30 year fixed, 6.15% Interest

Principal and Interest

$14,597

Property Taxes

$3,767

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 827 18th Street

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Flat
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $194,888
  • Net Operating Income: $120,142.00
  • Gross Income: $194,888
  • Cap Rate: 4.10%
  • Gross Rent Multiplier: $15.40
  • Total Annual Expense: 72896
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1837
  • Lot Size Square Feet: 8004
Parking Details
Parking Details
  • Parking Garage: Carport
  • Total Parking: 5
  • Covered Parking: 5
  • Parking Features: Carport
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Equipment: Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-29-2026
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,347.00
  • Unit Actual Rent: $1,347.00
  • Unit Projected Rent: $4,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,292.00
  • Unit Actual Rent: $1,292.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,375.00
  • Unit Actual Rent: $1,375.00
  • Unit Projected Rent: $4,250.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,212.00
  • Unit Actual Rent: $4,212.00
  • Unit Projected Rent: $4,250.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,310.00
  • Unit Actual Rent: $4,310.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,713.00
  • Unit Actual Rent: $3,713.00
  • Unit Projected Rent: $4,950.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111

Property History for 827 18th Street

DateEvent & SourcePriceAppreciation
Jan 28, 2026

Listed (Active)

CRMLS #26645245

$2,995,000—
Jan 28, 2026

Listed (Active)

CLAW #26645245

$2,995,000—
Apr 10, 2019

Sold

SDMLS #19428982

$3,200,000—
Apr 10, 2019

Sold

CRMLS #19428982

$3,200,000—
Apr 10, 2019

Sold

CLAW #19-428982

$3,200,000—
Apr 3, 2019

Pending

CRMLS #19428982

—
Apr 3, 2019

Pending

CLAW #19-428982

—
Mar 28, 2019

Sold (Public Record)

Public Record #642154028

$3,200,000—
Mar 21, 2019

Listed (Active)

CLAW #19-428982

$3,400,000—
Jan 28, 2019

Listed (Active)

SDMLS #19428982

$3,400,000—
Jan 28, 2019

Listed (Active)

CRMLS #19428982

$3,400,000—
Jul 13, 2018

Withdrawn / Cancelled

CLAW #18-321692

—
Jul 13, 2018

Withdrawn / Cancelled

CRMLS #18321692

$4,995,000—
Jul 2, 2018

Withdrawn / Cancelled

SDMLS #18321692

—
May 1, 2018

Price Change

CRMLS #18321692

$5,100,000—
Mar 9, 2018

Listed (Active)

SDMLS #18321692

$5,395,000—
Mar 9, 2018

Listed (Active)

CRMLS #18321692

$5,395,000—
Mar 9, 2018

Listed (Active)

CLAW #18-321692

$5,395,000—
DateEvent & SourcePrice
01/28/2026

Listed (Active)

CRMLS #26645245

$2,995,000
01/28/2026

Listed (Active)

CLAW #26645245

$2,995,000
04/10/2019

Sold

SDMLS #19428982

$3,200,000
04/10/2019

Sold

CRMLS #19428982

$3,200,000
04/10/2019

Sold

CLAW #19-428982

$3,200,000
04/03/2019

Pending

CRMLS #19428982

—
04/03/2019

Pending

CLAW #19-428982

—
03/28/2019

Sold (Public Record)

Public Record #642154028

$3,200,000
03/21/2019

Listed (Active)

CLAW #19-428982

$3,400,000
01/28/2019

Listed (Active)

SDMLS #19428982

$3,400,000
01/28/2019

Listed (Active)

CRMLS #19428982

$3,400,000
07/13/2018

Withdrawn / Cancelled

CLAW #18-321692

—
07/13/2018

Withdrawn / Cancelled

CRMLS #18321692

$4,995,000
07/02/2018

Withdrawn / Cancelled

SDMLS #18321692

—
05/01/2018

Price Change

CRMLS #18321692

$5,100,000
03/09/2018

Listed (Active)

SDMLS #18321692

$5,395,000
03/09/2018

Listed (Active)

CRMLS #18321692

$5,395,000
03/09/2018

Listed (Active)

CLAW #18-321692

$5,395,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 827 18th Street

Taxable ValueLand$1,896,380Additions$1,673,277Total$3,569,657
Tax Record2025$45,209 ($3,767 / month)
Home Facts
Total Finished SqFt8,406 SqFtAbove Grade Finished SqFt8,406 SqFtLot Size8,001 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningSMR2*CountyLOS ANGELESAPN4277-008-065

Schools near 827 18th Street

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Franklin Elementary School
Public - K to 5
Lincoln Middle School
Public - 6 to 8
Santa Monica High School
Public - 9 to 12
Edison Elementary School
Public - K to 5
Rating
School
Distance
Franklin Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Edison Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 827 18th Street, Santa Monica, CA 90403

827 18th Street is a multi-family home for sale in Santa Monica, CA 90403. This property was listed for sale on January 28, 2026 by Compass, it's currently listed at $2,995,000. It has been on the market for a total of 27 days and was last sold on April 10, 2019. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include Franklin Elementary School, Lincoln Middle School and Santa Monica High School. 827 18th Street is a 13-bed, 13-bath, 8,406 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Tim Byrne, DRE #01186465

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.