1301 11th Street, Santa Monica, CA 90401
- $2,975,000
- 14
- BD
- 12
- BA
- 9,485
- SqFt
Listing courtesy of Listing Agent: David Putnam (Davidputnam5@gmail.com) from Listing Office: Berkshire Hathaway HomeServices California Properties.
- List Price
- $2,975,000
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- 26987793
- Subtype
- Residential Income
- Year Built
- 1957
- Bedrooms
- 14
- Bathrooms
- 12
- Living Area
- 9,485
- Lot Size
- 7,477
- Acres
- 0.17
- MLS Area Major
- Santa Monica (C14)
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.
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Additional Information
- Zoning
- SMR3*
- Appliances
- Dishwasher, Disposal, Refrigerator
- Heating
- Wall Furnace
- Air Conditioning
- Yes
- Stories
- Two Levels
- Levels
- Two
- Parking Features
- Carport, Door-Single, Garage
- Garage Spaces
- 3
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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.