1528 11th Street Santa Monica, CA $ 2,575,000
1528 11th Street
$ 2,575,000
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1528 11th Street

Santa Monica, CA, 90401
$ 2,575,000
Bedrooms12 Baths7.0 Sq 6,414

Monthly Estimate*

$ 17,987

Listed by RE/MAX TOP PRODUCERS
1528 11th Street, Santa Monica, CA 90401 - Image 1
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Multi-Family Home for sale in Santa Monica, CA

for $2,575,000 with 12 bedrooms and 7 full baths. This 6,414 square foot home was built in 1962 on a lot size of 0.1719.

Looking for the perfect investment opportunity in the heart of Santa Monica? Look no further than this stunning 6-unit complex, approximately 11 blocks from the beach and walking distance to the famous 3rd St. Promenade. Built in 1962, this 6414 square foot complex boasts 6 large, well-maintained units that are sure to impress. Whether you're an investor looking for a turn-key rental property or an owner-occupier seeking a slice of coastal paradise, this property is the perfect choice. With a prime location just a short stroll from the beach and all the best shopping, dining, and entertainment that Santa Monica has to offer, this complex is a true gem. And with pride of ownership evident in every detail, you can be sure that you're making a wise investment in your future. So why wait? Contact us today to schedule a showing and see for yourself why this commercial 6-unit complex is the perfect choice for your next investment opportunity.

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Multi-Family Active

Price

$ 2,575,000

Bedrooms

12

Full Bath

7

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary,MidCenturyModern

Lot Size

0.1719

Year Built

1962

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

CV23067440

Days on Market

391

Features
General
Interior Features CeramicCounters RecessedLighting TileCounters AllBedroomsDown
Sewer PublicSewer SewerTapPaid
Heating NaturalGas WallFurnace
Utilities ElectricityConnected NaturalGasConnected PhoneConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances GasRange GasWaterHeater
Exterior Features RainGutters
Zoning SMR3
HOA 0.0
Garage Spaces 0.0
Architectural Style Contemporary MidCenturyModern
Pool Features None
Construction Materials Drywall Stucco
Year Built 1962
Electric ElectricityOnProperty
Tenant Pays Electricity Gas
View None
Stories 2
Levels Two
Property SubType Apartment
Gross Income 152208.0
Community Features Biking Curbs Sidewalks Urban
Accessibility Parking
County Los Angeles
Net Operating Income 105487.0
Operating Expense 35975.0
Insurance Expense 2500.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency **2.5% TO S.O. PRIVATE REMARKS: ***PLEASE DO NOT JUST GO ON TO THE PROPERTY**DRIVEBY ONLY. ALL OFFERS MADE SUBJECT TO INTERIOR INSPECTION. ONLY ACCEPTED OFFER NO EXCEPTION!!!! SELLER INTENDS TO EXER
Garage Y/N N
Other Structures Stables
Special Listing Conditions Standard
Status Active
Directions N/10 FWY S/SANTA MONICA BLVD N/LINCOLN
City Santa Monica
Entry Location At DOORS!
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area C14 - Santa Monica
Lot Size Square Feet 7489.0
Private Pool N
Waterfront Y/N N
Carport Y/N Y
Street Name 11th
Listing Terms Cash CashtoNewLoan Conventional Submit
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 2100.0
Home Warranty Y/N N
Current Financing Conventional
Fuel Expense 0.0
Trash Expense 1000.0
Water Sewer Expense 7000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 383
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot F
Property Sub Type Additional Apartment
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Interior
Flooring Carpet Vinyl
Total Stories 2
Common Walls Item1CommonWall EndUnit
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Laundry Features CommonArea ElectricDryerHookup GasDryerHookup
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing Block GoodCondition WroughtIron
Parking Features Carport
Lot Features Item610UnitsAcre Garden Landscaped StreetLevel
Water Source Public
Total Parking 0.0
Lot Size Area 7489.0
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 6414.0
Lot Size Acres 0.1719
Lot Size Units SquareFeet
Lot Size Source PublicRecords
Door Features SlidingDoors
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
Road Frontage Type Alley CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1528
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* Excluded Features
List By
Re/Max Top Producers

Broker

(909) 590-8853

Phone

Affordability Calculator

$17,987
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,987
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$2,575,000 -0.92% Price Down
3/30/2024$2,599,000 -0.04% Price Down
3/6/2024$2,600,000 -2.77% Price Down
1/18/2024$2,674,000 -0.04% Price Down
1/13/2024$2,675,000 -6.96% Price Down
10/11/2023$2,875,000 -12.75% Price Down
4/21/2023$3,295,000 Listed Price

Map


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1528 11th Street, Santa Monica, CA, 90401 is a Multi-Family Home for sale at $2,575,000 with 6,414 sqft and a lot size of 0.1719. 1528 11th Street has 12 bedrooms, 7.0 baths, and was built in 1962. The property's zip code is 90401 which is in Santa Monica, CA