Multiunits
844 18th St, Santa Monica, CA 90403
Santa Monica, California, United States
Address
City: Santa Monica
Neighborhood: Wilshire Montana
State: California
Postal Code: 90403
Country: United States
Business facts
Estimated annual revenue~$646.0K
Estimated employees~1
In business since2005
Estimate based on moderate signals
Contacts
President
Area statistics (90403)
Population24,092
Median household income$123,391
Source: US Census ACS
About
Multiunits is located in Santa Monica, California, and was founded in 2005. At this location, Multiunits employs approximately 2 people. This business is working in the following industry: Apartment Building. Annual sales for Multiunits are around 140K.
Market analysis
Earning below its category median in a growing category (Apartment Building).
EstimateCategory trend: 2024, +5.1%
Revenue trend (modeled)
~$538.2K2019
~$465.6K2020
~$528.6K2021
~$573.2K2022
~$584.1K2023
~$646.0K2024
Modeled from official industry statistics+3.7%/yr since 201980% confidence band: ±42%
Property
Lot size7,974 sq ft
Land use0500
CountyLos_angeles
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Apartment Building in California | 20,691 | ~$24.3B | ~$1.2M | ~$999.0K | 3.7★ | 0.6× |
Category revenue trend2024: +5.1%2023: +4.1%2022: +9.8%2021: +6.5%Modeled from business-level estimates
Chain pressure389 chains expanding in this category, led by Hilea Park, RentSFNow, Regus (+2,968 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 679 | ~$729.0M | ~$1.1M | ~$558.3K | 2,216 | ~$200.8M | 1.2× |
| Real estate activities | 74 | ~$95.8M | ~$1.3M | — | 150 | — | — |
1 km area (all businesses): median from the 626 of 679 businesses with estimates
Estimate
Area conditions (90403)
Population24,092 ±1,202
Median household income$123,391 ±$12,193
Median home value$1,597,800
Bachelor's degree or higher0.7%
Unemployment rate0.1%
Source: US Census ACS