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1434 14th Street

Santa Monica, CA 90404
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SqFt7,502

Sqft(Lot)

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% den sity 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.

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Detail Ic Property Details

Property Type : Land

Price : $3,295,000

AD Id : 80128891

MLS Id : 26842013

Lot Size : 7,502 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 7502 Lot Size Acres: 0.1722 Lot Size Square Feet: 7,502 Lot Description: Back Yard,Lawn,Value In Land,Yard

  • Listing Price Information

    Listing Price: $3295000

  • Tax Information

    Parcel Number: 4282022027

  • Location Information

    Direction: On 14th between Santa Monica Blvd & Broadway - on the west side of the street.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1637 Stanford Street, Santa Monica, CA, 90404 $6,000,000 -- -- -- 23,134 Sqft(Lot)

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ByOwner last updated this listing 07/27/2026 @ 06:03

MLS: 26842013 LISTED BY: Steve Sawai, Compass 310-395-7090 SOURCE: CRMLS

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