Southern California Real Estate
The Team ~ The Achievers Group
818-533-8326818-533-8326

1143 11TH Street, Santa Monica, CA 90403 (MLS # 17260112)

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PRICE $4,995,000
BEDS n/a
BATHS 0 baths
HOME SIZE 5,040 sq ft
LOT SIZE 7,512 sqft

Seller motivated - bring all offers - Santa Monica Historical multifamily opportunity north of Wilshire. Enjoy beautiful architecture, cash flow and future upside with this ideally located Multifamily investment. Santa Monica has been rated one of the highest rental markets in the nation, combined with A-Plus locale makes this fantastic real estate to park your cash and watch it grow. One bedroom and studio units equate to less long term tenants common in Santa Monica rent controlled buildings. The interiors of the units are classic 1920s look and feel with tile and hardwood floors and counters for easy and low cost turn-around for new tenants. Added benefit for the new owner would be to apply for the Mills Act to reduce your property tax as well as other incentives to further your return on investment. See assessor and city to verify all building data. Marketing package included under documents with full rent roll. Rent roll includes September 2017 rent increases.

DAYS ON MARKET 124 LAST UPDATED 12/1/2017
YEAR BUILT 1938 COMMUNITY Santa Monica
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) ResidentialIncome


ADDITIONAL DETAILS
APPLIANCES Refrigerator
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MLSAREAMAJOR C14 - Santa Monica
PARKINGFEATURES Carport
PREVIOUSSTANDARDSTATUS Expired
PRICEPERSQUAREFOOT 991.07
PROPERTYTYPE Residential Income
SPECIALLISTINGCONDITIONS Standard


90 Very Walkable

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Listing provided by : Kenny Stevens, Concord Real Estate Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 12/11/17 1:22 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

By The Team ~ The Achievers Group