For sale · Active

1434 14th Street

Santa Monica, CA 90404

$3,295,000
Bedrooms & bathrooms3 Beds • 2 Baths
Living area1,536 (area; units unconfirmed)
Lot size0.1722 acres
Property typeResidential Income
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Listing broker / agent: Compass · Steve Sawai · CRMLS

MLS # 26841783 · Last checked Nov 14, 2026 19:44 UTC

About this property

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.

Property details

MLS number
26841783
Status
Active
Type
Residential Income
Beds / baths
3 Beds • 2 Baths
Living area
1,536 (area; units unconfirmed)
Lot size
0.1722 acres
County
Los Angeles
Year built
1925
Stories
1
More property detailsExpandCollapse

Listing

Days on market
15

Building

Year built
1925
Stories
1
Building stories
1
Levels
One
Entry level
1
Construction
Stucco

Bathrooms

Full bathrooms
0
Half bathrooms
0
Three-quarter bathrooms
0
Quarter bathrooms
0

Rooms & interior

Appliances
Dishwasher, Microwave, Refrigerator, Dryer, Washer
Flooring
Wood
Heating
Central, Wall Furnace
Cooling
Wall Window Units

Exterior & parking

Total parking spaces
0
Parking
Uncovered
Pool
None
Spa
None
Patio / porch
None
Lot features
Back Yard, Lawn, Value In Land, Yard
Property outlook
None

Fees & lease terms

Association
No
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Lincoln Middle (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica 6–8 0.5 mi
McKinley Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica Not reported 0.8 mi
Santa Monica High (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica 9–12 0.8 mi
Roosevelt Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica K–5 1.0 mi
Will Rogers Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica Not reported 1.1 mi
John Adams Middle (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica 6–8 1.1 mi
Franklin Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica Not reported 1.1 mi
Edison Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica Not reported 1.1 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$3,295,000
MLS-reported original asking price
$3,295,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 06:21$3,295,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Santa Monica

Active residential homes for sale in Santa Monica, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings228Current authorized inventory
Median asking price$1,547,000228 listings with a valid price
Median asking price / sq ft$914.4028 listings with confirmed sq ft
Median days on market33228 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction42
Listings with an increase1

43 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-11-14 20:12 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Loan assumptions and ownership costs

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