1301 11th St, Santa Monica, CA 90401
1301 11th St, Santa Monica, CA 90401
1301 11th St, Santa Monica, CA 90401
10
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$2,975,000
Est. payment /mo
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14 Beds
12 Baths
9,485 SqFt
New

1301 11th St Santa Monica, CA 90401

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,485 sqft

Price per Sqft $313

MLS Listing ID 26987793

Bedrooms 14

Year Built 1957

Lot Size 7,477 Sqft

Acres 0.1716

Property Sub-Type Multi-Family

Property Description

Large 11 unit building in Santa Monica offered at 12.9 GRM and cap rate of approximately 5.1%. 9,485 square ft. building. Priced at $314 per foot. Excellent unit mix of 3 two-bedroom one bathroom and 8 one-bedroom one bathroom and 1 studio apartment, 8 onsite parking. Landlord will deliver 2 one car garages vacant. Well maintained building in the heart of Santa Monica. Located across the street from the Broad Stage on 11th. All units are occupied. Please do not walk on 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.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR3*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Dishwasher, Garbage Disposal, Refrigerator, Range/Oven

Laundry Community

Exterior

Parking Features Carport, Garage - 1 Car

Garage Spaces 8.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Berkshire Hathaway HomeServices California Propert

NEARBY SCHOOL & BUSINESS

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Todd Kingsley

Todd Kingsley

Agent License ID: 02118744

+1(310) 710-8633

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1301 11th St