1323 11th Street
1323 11th Street
$4,800,000
13
10
7,098
7,098
$676
Description
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 only 0.7 miles from the 3rd Street Promenade and provides easy access to everyday amenities. Consisting of one building on a 7,485 square foot parcel, the property is comprised of seven one-bedroom units, and three two-bedroom units. Current Ownership has extensively...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 only 0.7 miles from the 3rd Street Promenade and provides easy access to everyday amenities. Consisting of one building on a 7,485 square foot parcel, the property is comprised of seven one-bedroom units, and three two-bedroom units. Current Ownership has extensively renovated 80 percent of the units and feature new flooring throughout, newly remodeled kitchen with modern quartz countertops, new stainless-steel appliances, stainless-steel dishwasher, stainless-steel stove/oven, large farmhouse style stainless-steel sink, large open dining area and living room area. Renovated Units also include new remodeled bathrooms, modern vanity, spacious closets, and cabinet space throughout unit. 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.
- Listed by Sean Rosenzweig • DRE #01406343 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 1323 11th Street
Zoning
SMR3*
Parcel Number4282013018
Total Units10.0
Living Area7098
Source Living AreaAssessor
AreaSanta Monica (C14)
Vacancy Rate3
Lot Size Area7485
Location
LISTING UPDATED: 04/02/2024 11:38 AM
Property Details for 1323 11th Street
Status | Active |
---|---|
MLS # | 24-363513 |
Days on Market | 60 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1958 |
Lot Size | 0.17 AC / 7,485 SF |
County | Los Angeles County |
Location
Building Information for 1323 11th Street
Stories2Residences-Year Built1958Building Size-Lot Size0.17 AC / 7,485 SF
Payment Calculator
$30,137 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1323 11th Street
Property History for 1323 11th Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1323 11th Street
Taxable ValueLand$3,153,535Additions$768,359Total$3,921,894
Tax Record2023$47,293 ($3,941 / month)
Home Facts
Total Finished SqFt7,098 SqFtAbove Grade Finished SqFt7,098 SqFtLot Size7,483 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningSMR3*CountyLOS ANGELESAPN4282-013-018
Schools near 1323 11th Street
This home is within Santa Monica-Malibu Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Roosevelt Elementary School PublicK to 5 | ||
Lincoln Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Santa Monica Alternative (K-8) School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.