Backup offers
#24441743, Priscilla Nee, Listing Office: CB Richard Ellis, Inc.
#24458595·
Listing Office: Berkshire Hathaway HomeServices California Properties·
Listing Agent: David Putnam·
Listing Office Phone: 310-207-7080
1438 14th St Santa Monica, CA 90404
$3,500,000 List price
16 beds
14 baths
8,498 sqft
0.2 acres
$412 / sqft
House
Property details
About 1438 14th St
First time on the market! Great value-add opportunity on this very well maintained 10 unit property. Some rents can be raised to the MARs (Buyer to confirm with Santa Monica Rent Control). There are (6) 2 bedrooms/1 3/4 bathrooms and (4) 1 bedroom/1 bathroom apartments.12 car parking. The 2 front units are split level with high ceilings. Good long term upside in rents. Close to restaurants and shopping in sunny Santa Monica! Gross Annual Income using current rents is $237,884. This should improve to approximately $250,352 with the several rents which can be raised to match MARs. The Gross Income, GRM and Cap rate below are based on $250,352 Gross. See current Rent Roll with potential increases (see documents tab). Property will need soft-story retrofit. Seller has provided two contractor proposals (see documents tab). Inside with an accepted offer. Please do not disturb tenants. Please text for the quickest response. Voicemail and email also answered promptly. Thank you for your interest!
Highlights
Home typeOther
HeatingNatural Gas
StatusActive
Size8,498 sqft
Lot size0.172 Acres
Year built1967
ParkingCovered, Carport, Door-Multi, Garage
MLS #24458595
ViewPark
Summary
- MLS Number: 24458595
- MLS Name: CRMLS
- Office Name: Berkshire Hathaway HomeServices California Properties
- Office Phone: (310) 207-7080
- Listing Agent: David Putnam
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 3:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,500,000
1438 14th St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $354,532 | $6,129 |
| 2023 | $347,581 | $6,042 |
| 2022 | $340,767 | $5,950 |
| 2021 | $334,086 | $5,740 |
| 2020 | $330,661 | $5,637 |
| 2019 | $324,178 | $5,277 |
| 2018 | $317,823 | $5,197 |
| 2017 | $311,592 | $5,197 |
History based on county public records data.
Nearby schools
7
McKinley Elementary School
Public District KG-5
0.8 mi
•2401 Santa Monica Blvd
7
Roosevelt Elementary School
Public District KG-5
1.0 mi
•801 Montana Ave
6
Will Rogers Learning Community
Public District KG-5
1.1 mi
•2401 14th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,793. The majority of Santa Monica, CA residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
47%
<35k
32%
35k-100k
19%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
68%
Single, No Kids
10%
Single, with Kids
14%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
6%
12-17 yrs old
34%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Major League Soccer (MLS)
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Jack In The Box
What do the neighbors drive?
Audi
Volkswagen
Toyota
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1438 14th St
This home is located at 1438 14th St in Santa Monica, CA and zip code 90404 in the Pico neighborhood. This 8,498 square foot home, which was built in 1967, sits on a 0.17 acre lot. Features: 16 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since November 8, 2024 and is currently priced at $3,500,000.
While more than 13 listings in Santa Monica, CA in January 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 22 were sold below. The number of homes for sale in Santa Monica, CA increased by 43% between December and January 2025. Listings spent 55 days on the market in January 2025, and had a median list price of $1,816,750 during the same period.
From Rocket Homes Real Estate and based on county public records data.