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Listing provided courtesy of Sean Rosenzweig, Marcus & Millichap
Source CRMLS
1323 11th StSanta Monica, CA 90401
$4,800,000
13bed
10bath
7,098sq ft
1323 11th St, Santa Monica, CA 90401
We are pleased to offer the opportunity to acquire 1323 11th Street, a 10 unit partially renovated apartment community located in Santa Monica. Situated between Santa Monica Boulevard and Wilshire Boulevard, the subject property is located only 0.7 miles from the 3rd Street Promenade and provides easy access to everyday amenities. Consisting of one building on a 7,485 square foot parcel, the property is comprised of seven one-bedroom units, and three two-bedroom units. Current Ownership has extensively renovated 80 percent of the units and feat...

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Home facts
Listing
Status
Active
Listed 2 months ago
Property type
Property
Year Built 1958
Style
Community
Lot Size 7,485 sq ft
MLS # 24363513
Price
List price $4,800,000
Price/sq ft $676
Home details
Interior Features & Layout
Bathrooms Info
Total Bathrooms: 10

Property, Lot, Community & Exterior Features
Multi-Unit Info
Number Of Units Total: 10
Parking Info
Parking Features: Carport
Parking Spaces: 13.0
Carport YN: true
Lot Info
Lot Size Source: Assessor
Zoning Type: SMR3*
Lot Size Area: 7485.0
Acres: 0.1718
Lot Size Units: Square Feet
Community Info
Number Of Buildings: 1
Building Info
Two
Multi/Split
Total Sq. Ft.: 7098.0
Living Area Source: Assessor
MLS Property Type: Residential Income
Number of Stories: 2
Year Built Source: Assessor

Listing Details, Costs & Financing Information
Financial Info
Gross Income: 340560.0
Lease Info
Net Operating Income: 226004.0
Tax/Assessment Info
1.500
1.500
APN: 4282013018
Listing Details
Status: Active
Originating System Name: CRMLS

School Neighborhood & Directions
Location
Zip Code: 90401
Area: C14 - Santa Monica
Zip Code +4: 2027
Directions: West of Santa Monica Boulevard & North of Lincoln Boulevard
Country: US
Neighborhood
9
Listings
36
Days listed
$1222.57
Price per sqft
99.46%
Sold over list %
Property history
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