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Closed
- Listed price
- $4,150,000
- Listed Feb 1, 2019
- Sold price
- $4,000,000
- Sold Aug 7, 2019
7,975 sqft lot|1962 Built|80 MLS days on market
848 18TH St, Santa Monica, CA 90403
Property Description
PRICE REDUCED! Rare opportunity to purchase a true pride of ownership 7 unit trophy property located between Idaho Ave and Montana Ave in the heart of Santa Monica. New roof in June 2018! Copper plumbing. Much larger than similar buildings with 9,318 sf of living area on an 8,000 sf lot with an alley. All seven units are big 2 bedrooms + 2 baths with large kitchens with breakfast bar, dining room, large living room, and a true master bedroom with en suite bath. Each unit has a large, private covered patio or balcony that is large enough to have a big table and chairs. Average unit size is approx. 1,330 sf. Excellent parking with 7 individual spaces and 9 if used as tandem. Most units remodeled with granite counters, dishwashers, and S/S appliances. The building is in excellent overall condition. Over 35% upside rent potential. Property is subject to City of Santa Monica rent control.
Listing agent: David SchuchmanDRE #01472937dschuchman26@gmail.com, Listing office: Roque & Mark Company, Inc.
MLS data updated 11/2/2026, 5:04:48 AM PT
Source: CRMLSMLS #: 19430156
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$4,000,000
Aug 7, 2019
Available records32019
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90403 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90403 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.