1323 11th Street
Santa Monica, CA 90401

  • – beds
  • – baths
  • – sqft
  • 7,485 sqft lot
  • 1958 build
  • on site

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.

California Regional MLS logo Listed By CRMLS_CA / Sean Rosenzweig / Marcus & Millichap

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

MLS# 24363513 —

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Sale history

Date Event Source Price % Change
2/29/24
Listed / Active CRMLS_CA $4,800,000
1/20/21
Listed / Active CRMLS_CA

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$4,800,000

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Listing provided by broker:

Sean Rosenzweig

Marcus & Millichap

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This multifamily located in Silicon Beach, Santa Monica, CA 90401 is currently for sale for $4,800,000. 1323 11th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 62 days. 1323 11th Street is in the Silicon Beach neighborhood of Santa Monica and has a WalkScore® of 90, making it a walker’s paradise. This multifamily is in the attendance area of Lincoln Middle School, Roosevelt 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 21:03 on May 01.

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