1323 11th Street
Santa Monica, CA 90401
Listing provided courtesy of: Marcus & Millichap
Property Description
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. 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 within walking distance to the 3rd Street Promenade and provides easy access to everyday amenities. Situated on a 7,485 square foot lot, the property consists of a single building with seven one-bedroom units and three two-bedroom units. Current ownership has extensively renovated 80% of the units, featuring new flooring throughout, modern kitchens with quartz countertops, stainless steel appliances including dishwasher, stove/oven, and farmhouse-style sink and open-concept dining and living areas. Renovated units also include updated bathrooms, contemporary vanities, spacious closets, and ample cabinet space.1323 11th Street provides investors a rare buying opportunity that provides an immediate healthy income stream, with remaining rental upside in a prime coastal market.
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Features:
Covered
| Price: | $4,300,000 |
| Beds: | 13 |
| Baths: | 10 |
| Interior (SQFT): | 7,098 |
| Lot Size (SQFT): | 7,405 |
| Property Type: | Residential Income |
| Year Built: | 1958 |
Listing provided courtesy of: Marcus & Millichap. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Based on information from California Regional MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. © 2025 by California Regional MLS. All rights reserved. Listing last updated on 05/01/2025 15:17:57
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