6 months on rocket

1523 18th St, Santa Monica, CA, 90404

$2,225,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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1523 18th St, Santa Monica$2,225,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Carport, Garage Faces Front, Garage, Gated
Garage9 spaces
Year Built1976
HeatingWall Furnace
CoolingNone
FireplaceBath, Dining Room, Electric, Gas, Kitchen, Living Room, Outside
ViewNone
MLS #SB24030349
Lot Size0.17 Acres
StatusActive

About 1523 18th St

UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62. Charming 6 Unit Garden Apartment building on a tree lined street, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite. Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair, Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals. Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 1976
  • Stories: 2

Listing Office:

  • Office Name: Capital RE Group
  • Office Phone: (310) 717-9405
  • Listing Agent: Bruce Kusada

Interior Features

Interior Information:

  • Appliances: Electric Range, Range, Disposal, Gas Range, Microwave, Refrigerator
  • Flooring Type: See Remarks, Wood
  • Interior: High Ceilings, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
  • Fireplace: Bath, Dining Room, Electric, Gas, Kitchen, Living Room, Outside

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 9 spaces
  • Parking: Covered, Carport, Garage Faces Front, Garage, Gated

Lot Features

Lot Information:

  • Lot: Front Yard, Landscaped, Level, Near Public Transit
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: 1 1/2 blocks south of Santa Monica Bl, west of 20th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,225,000

Tax Information:

  • Annual Amount: $6,467
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Monica, CA.

Med. Sold Price

$1.8M

Med. Price/SqFt

$1,106

Avg. Days On Market

41

# of Sold Homes

62

1523 18th St vs Santa Monica

198 DAYS ON ROCKET

+157 Days

$2,225,000

+$385K More

KEY TAKEAWAY

This property is $385K more than the Median Sold Price in Santa Monica, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24030349

Listing Office:

  • Office Name: Capital RE Group
  • Office Phone: (310) 717-9405
  • Listing Agent: Bruce Kusada

IDX 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: 11/21/2024, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,467$420,446
2020$6,352$416,135
2019$5,935$407,977
2018$5,850$399,979
2017$5,850$392,137

History based on county public records data.

Payment Calculator

$11.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,737

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-338273
7
/10
  • McKinley Elementary School

  • 2401 Santa Monica Blvd

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-338274
8
/10
  • Edison Language Academy

  • 2402 Virginia Ave

  • 0.82 miles

  • Public District Grades PK-5

school-card-donut-338275
9
/10
  • Franklin Elementary School

  • 2400 Montana Ave

  • 1.02 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,704. Typical income of Santa Monica, CA residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1523 18th St

What is the listing price of this property?

The listing price of 1523 18th St property is $2,225,000.

What type of property is this?

The property 1523 18th St is a condo located in Santa Monica, California, 90404.

Is this property for sale now?

Active Listing: 1523 18th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,467 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 1523 18th St is 1976.

Rocket HomesCaliforniaLos Angeles CountySanta Monica904041523 18th St

This home is located at 1523 18th St in Santa Monica, CA and zip code 90404 in the Pico neighborhood. This home, which was built in 1976, sits on a 0.17 acre lot. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $2,225,000.

Santa Monica, CA housing market in October 2024 saw over 22 listings sold above listed price, more than 7 sold at listed price and over 33 sold below. In October 2024 in Santa Monica, CA there were 14% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,840,000, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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