912 11th Street, Santa Monica, CA 90403

About this property

7 vacant units in 10 unit building; 2 - Front (Stacked) - 2 BR/1.75 BA with balconies and 5 - 1 BR/1 BA (3-Uppers with balconies and 2-Lowers with patios and one parking space each). All units have hardwood floors and smooth ceilings. Rare opportunity providing a virtual blank slate to reimagine a building and create amenity-rich homes in a destination neighborhood for affluent professionals. Vacant units available for showings. All occupied units are at the back of the building. Email broker for detailed offering memorandum. Earthquake retrofit competed. Vacant unit and laundry rents are projected. Occupied unit rents include allowable increases as of 9/1/2023. GRM is based on these rents. Units are separately metered for gas and electricity. Walk score 87, Bike Score 96, Transit Score 64.

Listing description from the September 2023 sale, as reported to CRMLS.

Sale history

$4,518,000

Sold September 2023 · listed $4,650,000, on market June 2023 · MLS #23280681 · Source: CRMLS

Listing Agent: Wes Wellman · Listing Office: Wellman Realty Co. · Contact: 310-829-7423 · Bought with: Chase Simonton · RE/MAX One

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