USACASanta Monica1323 11Th St
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$3,950,000

For Sale

9 hours ago

1323 11Th St, Santa Monica, CA

House

MLS® 26828455

13 Bed

10 Bath

7098 sqft

13 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 7098 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1958
Avg. Price Per Sqft $556
MLS® Number 26828455

Property Address: 1323 11th St, Santa Monica, CA, 90401

Average square foot calculated using Size range provided by listing agent.

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 within walking distance to the 3rd Street Promenade and provides easy access to everyday amenities.Situated on a 7, 483 square foot lot, the property consists of a single building with seven one-bedroom units and three two-bedroom units. Current ownership has extensively renovated 80% of the units, featuring new flooring throughout, modern kitchens with quartz countertops, stainless steel appliancesincluding dishwasher, stove/oven, and farmhouse-style sinkand open-concept dining and living areas. Renovated units also include updated bathrooms, contemporary vanities, spacious closets, and ample cabinet space.The two remaining legacy 1Bdr/1Bath units average $1, 578/month against a market rent of $2, 495, representing a $918 per-unit gap that offers meaningful upside through unit turnover and renovation.1323 11th Street provides investors a rare buying opportunity that delivers an immediate healthy income stream, with remaining rental upside in a prime coastal market.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
MLS® Number26828455
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1958
Basement
DrivewayCovered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 1, 2026List Date
$3,950,000List Price
  • Commute

Commute

Starting Address
Destination Address
1323 11Th St, Santa Monica, CA

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