1143-1145 11th St
Santa Monica, CA 90403
Seller Motivated - Bring All Offers · Multifamily Property For Sale
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10 Units
Property Facts
| No. Units | 10 | Building Size | 5,040 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1938 |
| Building Class | C | Parking Ratio | 0.4/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R2 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,040 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1938 |
| Parking Ratio | 0.4/1,000 SF |
| Zoning | R2 |
About 1143-1145 11TH ST , SANTA MONICA, CA 90403
11 UNITS IN SANTA MONICA • 5.34% Market CAP with Mills Act / 4.43% Market CAP without Mills Act • Fantastic north of Wilshire location. Walk to bars and restaurants • Historic Landmarked Regency Moderne architectural styling • Potential Mills Act candidate for significant lower tax basis & benefits for new owner • Bright and tranquil courtyard common area with built-in BBQ and shaded patio • Timeless, well laid out interior floor plans with hardwood and tile floors • 3 storage units providing additional income, one storage unit collecting $275/month • Vacant garage will collect up to $500/month • New water line from street to building • All new gas lines running from street to building along with new earthquake shut-off valves • Some copper pipping throughout the building • 3 new water heaters in the rear building • Hardwood floors throughout • Large 1 Bed / 1 Bath unit has large balcony
Property Taxes
| Parcel Number | 4281-020-015 | Improvements Assessment | $537,933 |
| Land Assessment | $845,335 | Total Assessment | $1,383,268 |
Property Taxes
