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1434 14th Street, Santa Monica, CA 90404

$3,295,000 Approx. USD 3 beds, 2 baths
1,536 sqft

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Photo of Robyn Raskind

Marketed By Robyn Raskind Properties REALTOR® - Sales Associate 858-229-9131 m
858-759-5718 o
Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com Rancho Santa Fe - Fairbanks Ranch Office
16236 San Dieguito Rd, Bldg 5, Ste 10
Rancho Santa Fe, CA 92067
Phone: 858-756-3795
Fax: 858-756-9591

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Listing Agent

Steve Sawai | steve@stevesawaii.com
Lic#: 00607215
Broker: Courtesy of Compass
Phone: 310-261-3777

Co Listing Agent

Justin Sawai | justin@justinsawai.com
Lic#: 01972681
Broker: Courtesy of Compass
Phone: 310-625-4200

Agent Remarks

A rare chance to acquire a fully entitled, ready-to-issue development site in the heart of Santa Monica, no entitlement risk, no waiting on the city, just permits and a shovel. Situated on a 7,500 square foot lot at 1434 14th Street, this RTI package delivers approved plans for a 3-story, 9-unit apartment building plus one ADU, over a full level of subterranean parking. The unit mix includes 1 three-bedroom, 3 two-bedrooms, 3 one-bedrooms, and 2 affordable two-bedroom units, a well-balanced program designed to maximize density while satisfying Santa Monica's Tier 2 Community Benefits requirements. Total building area comes in at approximately 10,811 square feet across three floors, with 10 parking spaces in the subterranean garage. The project was permitted under SMR3 zoning with a 35% density bonus, pushing the allowable unit count from 6 base units to 9. The existing improvements, a 1925 California Bungalow duplex, have been vacated and are sold as-is. The value is in the land and the entitlements. The location delivers everything Santa Monica multifamily tenants demand: walkable to several shops and restaurants, the Expo Line, Third Street Promenade, and the beach. High walk and bike scores virtually eliminate car dependency, which is exactly what the next generation of renters is underwriting. Opportunities to purchase a shovel-ready 9-unit site in Santa Monica at this price point don't come around often. Priced to reflect the land and approved entitlements.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26841783

Price: $3,295,000

Beds: 3

Baths: 2

Built in 1925

1,536 sqft

1 story

0.17 acres

Lot size: 0.1722

County: Los Angeles

Zoning: SMR3*

Construction: Stucco

Appliances: Dishwasher,Microwave,Refrigerator,Dryer,Washer

Parking description: Uncovered

Lot description: Back Yard,Lawn,Value In Land,Yard

Heating/cooling: Wall/Window Unit(s)

Heating description: Central,Wall Furnace

MLS area: C14 - Santa Monica

Last Updated: 6/17/2026

Days On Market (DOM): 43

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This listing belongs to the C14 - Santa Monica MLS area

Lat/Long: 34.023143, -118.485125.
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Source: CRM. Also Available in 26842013,

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Previous Listing

Photo of Robyn Raskind

Robyn Raskind Properties REALTOR® - Sales Associate 858-229-9131 m
858-759-5718 o
Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com
Rancho Santa Fe - Fairbanks Ranch Office
16236 San Dieguito Rd, Bldg 5, Ste 10
Rancho Santa Fe, CA 92067