1301 11th ST, Santa Monica, CA 90401
1301 11th ST, Santa Monica, CA 90401
1301 11th ST, Santa Monica, CA 90401
1301 11th ST, Santa Monica, CA 90401
1301 11th ST, Santa Monica, CA 90401
1301 11th ST, Santa Monica, CA 90401
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Derek Reilly

Derek Reilly

+1(310) 902-2909
$ 2,975,000
Est. payment | /mo

14 Beds

12 Baths

9,485 SqFt

Save
$ 2,975,000
Est. payment | /mo
Save

14 Beds

12 Baths

9,485 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 9,485 sqft

Price per Sqft $313

MLS Listing ID 26987793

Bedrooms 14

HOA Y/N No

Year Built 1957

Lot Size 7,474 Sqft

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. New roof, soft story retrofit completed. 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 C14 - Santa Monica

Zoning SMR3*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator

Laundry Common Area

Exterior

Parking Features Carport, Door-Single, Garage

Garage Spaces 3.0

Carport Spaces 5

Garage Description 3.0

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4282013022

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by David Putnam Berkshire Hathaway HomeServices California Properties #01036004

Nearby Locations

Derek Reilly

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 902-2909

derek@westsidederek.com

4215 Highland Ave, Manhattan Beach, California 90266, USA

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1301 11th ST