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$ 3,980,000
Est. payment /mo
Active
1247 11th ST Santa Monica, CA 90401
7,479 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82026717
HOA Y/N No
Year Built 1955
Annual Tax Amount $47,910
Lot Size 7,479 Sqft
Property Description
**Fully Stabilized Santa Monica Asset** 100% occupied with near-market rents and strong, reliable cash flow. Recently upgraded with modern interiors and **in-unit laundry in most units**, attracting high-quality tenants. **Prime Santa Monica location** just minutes from the **famous beach and boardwalk**, surrounded by top retail, schools, and major employment hubs. Features a desirable **unit mix** of (8) one-bed/one-bath and (1) two-bed/one-bath units, all **separately metered** for gas and electric. Includes **11 dedicated parking spaces**a rare amenity in Santa Monica.
Location
State CA
County Los Angeles
Zoning SMR3*
Interior
Heating Electric
Fireplace No
Exterior
Carport Spaces 6
Roof Type Flat
Total Parking Spaces 5
Building
Water Public
Schools
School District Santa Monica-Malibu Unified
Others
Tax ID 4282006017
Special Listing Condition Standard
Listed by Atsuko Yube Global Estate Link