1301 11th St

Santa Monica, CA 90401
  • $2,975,000

    Price
  • 13

    Bed
  • 11

    Bath
  • 9,485

    SqFt
  • 0.17

    Acre

About the Listing CLW-B2003102 - CLW-L14123

Large 11 unit building in the heart of Santa Monica. Offered at $314 per foot and $271,000 per unit. 9,485 square ft. building. There is nearly 40% upside in gross rental income when accounting for future vacancies. Excellent unit mix: 3 two-bedroom one bathroom and 7 one-bedroom one bathroom and 1 studio apartment, 8 onsite parking. Landlord will deliver 2 adjacent one car garages vacant. Located at 11th and Arizona, across from the Broad Stage. All units are occupied. Please do not walk on the property or disturb tenants. Inside with acceptable offer. Rent roll and OM are attached under docs. Expenses are estimated at 35% including new property tax, excluding management expense. All units have private patio or balcony.

Listing Highlights for 1301 11th St

Status Active
Days on Site 29
Property Type Multi-Family
MLS ® 26987793
Year Built 1957
Total Square Footage 9,485
Lot/Acreage 0.17

Interior Details

  • Bedrooms: 13
  • Bathrooms: 11 Full
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Air Cond: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: 3 car
  • Parking Spaces: 8
  • Zoning: SMR3*
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Carport,Door-Single,Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4282013022
  • Tax Year: N/A

Payment Calculator

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Listing Location

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1301 11th St Santa Monica, CA 90401

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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