1311 Euclid Street
Santa Monica, CA 90404

  • – beds
  • – baths
  • – sqft
  • 7,494 sqft lot
  • 1968 build
  • on site

We are proud to present 1311 Euclid Street, a 11 unit multifamily property in Santa Monica, CA. Built in 1968, this 10,384 square foot property sits on a 0.17 acre lot and it boasts a strong unit mix of three 1 bed/1 bath, two 2 bed/1 bath, two 2 bed/2 bath, and three 3 bed/2 bath units. The subject property resides less than one and a half miles from the beaches of Santa Monica and hubs for shopping, entertainment, restaurants, and nightlife for beach city locals. The property offers ample carport parking at the rear alley and side of the building. To enhance the quality of living for residents, the property features a smoke-free environment, security systems, cable ready, storage spaces, laundry facilities, stainless steel appliances, controlled access, walk-in closets, patios and balconies. The property is also being offered with an attractive assumable loan with a $2,550,000 remaining balance at a 4.56% interest rate fixed through 2027. This offers lower overall costs to a buyer in our current higher-rate environment. The City of Santa Monica has undergone a remarkable transformation in recent years, emerging as a thriving hub for technology companies and attracting a wave of young, skilled professionals seeking dynamic job opportunities. With its vibrant ecosystem of startups, established tech giants, and a supportive community, Santa Monica has become a magnet for innovation, driving economic growth and reshaping the city's landscape.One of the driving forces behind Santa Monica's tech boom is its strategic location within the broader tech-rich region of Silicon Beach. This proximity to renowned institutions like the University of California, Los Angeles (UCLA) and a host of venture capital firms has created an environment ripe for collaboration and investment. Tech companies of all sizes, from nimble startups to industry titans, have recognized the advantages of setting up shop in Santa Monica, leading to the establishment of a diverse and dynamic tech scene that will help sustain the city's continued growth.

California Regional MLS logo Listed By CRMLS_CA / Filip Niculete / Marcus & Millichap

Last checked: Checking… • Last updated May 2, 2024 •

MLS# 24383995 —

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Sale history

Date Event Source Price % Change
4/24/24
Listed / Active CRMLS_CA $5,450,000
12/12/23
Price Changed CRMLS_CA
4/17/23
Price Changed CRMLS_CA

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$5,450,000

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Listing provided by broker:

Filip Niculete

Marcus & Millichap

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This multifamily located in Silicon Beach, Santa Monica, CA 90404 is currently for sale for $5,450,000. 1311 Euclid Street is a – square foot multifamily with – beds and – baths that has been on Estately for 9 days. 1311 Euclid Street is in the Silicon Beach neighborhood of Santa Monica and has a WalkScore® of 85, making it very walkable. This multifamily is in the attendance area of Lincoln Middle School, Mckinley Elementary School, and Santa Monica High School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of 23:51 on May 03.

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.

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