14
Bedrooms
$2,975,000
FOR SALE1301 11th Street
Santa Monica, CA
MLS# 26987793
9,485 Sq Ft14bd • 12ba
50 days on marketNalren refreshed
Listing Agent
David Putnam
Listing Agent
Berkshire Hathaway HomeServices California Properties
DRE #: 01036004
(310) 207-7080Brokerage: Berkshire Hathaway HomeServices California Properties
Property Details
12
Bathrooms
9,485 sqft
Square Feet
1957
Year Built
7,477 sqft
Lot Size
$314
Price/Sq Ft
3
Garage Spaces
N/A
HOA
N/A
Property Type
Description
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.
Facts & Features
Interior
- Laundry Features
- Community Laundry
- Appliances
- Dishwasher, Disposal, Refrigerator
Building
- Year Built
- 1957
- Living Area
- 9,485 sqft
- Building Area Total
- 9,485
- Levels
- Two
- Stories Total
- 2
Utilities
- Heating
- Wall Furnace
- Cooling
- Wall Window Units
Parking
- Garage Spaces
- 3
- Parking Features
- Carport, Door Single, Garage
- Parking Total
- 8
Community / HOA
- HOA
- No
Natural Hazard Information
Earthquake data is shown from a real public source (USGS)
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Closed sales reported in 90401, nearest first, last 12 months. All recent sales in Santa Monica →
CRMLS
MLS# 26987793
Listed:
Nalren refreshed:
Last updated
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Listed by: Berkshire Hathaway HomeServices California Properties
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