1247 11th ST new

Santa Monica,CA 90401

$ 3980000

3 Beds

2 Baths

7547 SqFt


Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,547 sqft

Price per Sqft $527

MLS Listing ID ML82026717

Style Art Deco

Bedrooms 3

Full Baths 2

Year Built 1955

Lot Size 7,480 Sqft

Property Sub-Type Five or More Units

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

Cooling Multi-Zone

Exterior

Parking Features Carport

Utilities Available Public Utilities

Roof Type Flat / Low Pitch

Building

Foundation Wood Frame

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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