$2,975,000
 $15,970 est/mo Sourced by Back At You

1301 11th Street,Santa Monica, CA 90401

Santa Monica, CA 90401

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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.

Details

MLS #26987793
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1957
Days On Site59
Listing Provided ByBerkshire Hathaway HomeServices California Properties | David Putnam

Features

Bed(s)14
Bath(s)12
SQ Feet9,485
Garage3
Car PortYes
Story(s)2
Units11
Building(s)1
ZoningSMR3*
Acreage0.17

Interior

CoolingWall Window Units
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesDishwasher, Disposal, Refrigerator

Parking

Parking FeaturesCarport, Door Single, Garage
Garage Yes / NoYes

Area Information

StateCA
CountyLos Angeles
CitySanta Monica
Zip Code90401
AreaC14 Santa Monica
Listing VS Median (in 90401)
Price:
$2,975,000
low | high
Med:
$17,500
100% of Average
sqft:
9,485
low | high
Med:
1,480
100% of Average
$ / sqft:
$314
low | high
Med:
$12
100% of Average
On site:
59
low | high
Med:
1544
3.821243523316% of Average
Sourced by Back At You

Market Activity 90401

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Learn More About This Property

Bruce Hatrak

Bruce Hatrak

Desert Lifestyle Properties

02054055 (760) 516-1741bmhatrak@gmail.com
StateCA
CountyLos Angeles
CitySanta Monica
Zip Code90401
AreaC14 Santa Monica
Listing VS Median (in 90401)
Price:
$2,975,000
low | high
Med:
$17,500
100% of Average
sqft:
9,485
low | high
Med:
1,480
100% of Average
$ / sqft:
$314
low | high
Med:
$12
100% of Average
On site:
59
low | high
Med:
1544
3.821243523316% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.231M - $3.718M
sqft: 7,000 - 11,500
Nearby Listings Property ImageNearby Listings Details
1323 11th Street Property Photo 1
$3,500,000
1323 11th Street
Santa Monica, CA 90401
Listing Updated: October 6, 2026 at 8:54:37 AM PDT