1323 11th St | Santa Monica, CA 90401
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1323 11th St
Santa Monica, CA 90401
Renovated Apartment with Remaining Value-Add · Multifamily Property For Sale · 10 Units
Investment Highlights
- Extremely Rare Opportunity to Acquire a Renovated Apartment Building North of Santa Monica Boulevard in Santa Monica
- Residents Can Easily Access the 10 Freeway and Major Thoroughfares Such as Wilshire, Santa Monica, and Olympic Boulevards Within Five Minutes
- 80% Renovated and Upgraded Asset with Remaining Value-Add
- The Government Required Seismic Retrofit Work has Been Completed Which Saves a New Investor Substantially in Capital and Time
- Fifteen Minute Walk to the 3rd Street Promenade
- Investors Can Expect to Have Low Repair & Maintenance Expenses as Current Ownership Has Made Extensive Renovations Over the Last Few Years
PROPERTY FACTS
| No. Units | 10 | Building Size | 7,098 SF |
| Property Type | Multifamily | Average Occupancy | 70% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Lot Size | 0.17 AC |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,098 SF |
| Average Occupancy | 70% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.83/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | 600 |
| 2+1 | 3 | - | 800 |
PROPERTY TAXES
| Parcel Number | 4282-013-018 | Improvements Assessment | $782,706 |
| Land Assessment | $3,216,605 | Total Assessment | $3,999,311 |
PROPERTY TAXES
Parcel Number
4282-013-018
Land Assessment
$3,216,605
Improvements Assessment
$782,706
Total Assessment
$3,999,311
zoning
| Zoning Code | SMR3* |
| SMR3* |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
