1247 11th St | Santa Monica, CA 90401
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- LoopNet Team
1247 11th St
Santa Monica, CA 90401
Multifamily Property For Sale
·
9 Units
Investment Highlights
- 100% Occupied with Near Market Rents – Fully Stabilized with Reliable Cash Flow
- A+ Santa Monica Location – Nearby Many Retail Amenities, Educational Institutions, and Employment Hubs
- Separately Metered – Tenants pay their own gas and electric
- Recent Capital Improvements – Modernized Interior to attract high-quality tenants
- Desirable Unit Mix – 9 Units: (8) 1+1, (1) 2+1
- Rare Parking Availability: Includes 11 dedicated parking spaces
Property Facts
| No. Units | 9 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 7,547 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1955 |
| Building Class | C | Parking Ratio | 1.46/1,000 SF |
| Zoning | R3, Santa Monica | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,547 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1.46/1,000 SF |
| Zoning | R3, Santa Monica |
Amenities
Unit Amenities
- Balcony
- Kitchen
- Range
- Tub/Shower
- Porch
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 658 |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 4282-006-017 | Improvements Assessment | $656,186 |
| Land Assessment | $5,468,229 | Total Assessment | $6,124,415 |
Property Taxes
Parcel Number
4282-006-017
Land Assessment
$5,468,229
Improvements Assessment
$656,186
Total Assessment
$6,124,415
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