Pending

1323 11th Street

Santa Monica, CA 90401
Mark as Favorite
Bed 13

Bed

Bath 10

Bath

SqFt7,098

Sqft

SqFt7,483

Sqft(Lot)

We are pleased to offer the opportunity to acquire 1323 11th Street, a 10-unit partially renovated apartment community located in Santa Monica. Situated between Santa Monica Boulevard and Wilshire Boulevard, the subject property is located within walking distance to the 3rd Street Promenade and provides easy access to everyday amenities.Situated on a 7,483 square foot lot, the property consists of a single building with seven one-bedroom units and three two-bedroom units. Current ownership has extensively renovated 80% of the units, featuring new flooring throughout, modern kitchens with quartz countertops, stainless steel appliancesincluding dishwasher, stove/oven, and farmhouse-style sinkand open-concept dining and living areas. Renovated units also include updated bathrooms, contemporar y vanities, spacious closets, and ample cabinet space.The two remaining legacy 1Bdr/1Bath units average $1,578/month against a market rent of $2,495, representing a $918 per-unit gap that offers meaningful upside through unit turnover and renovation.1323 11th Street provides investors a rare buying opportunity that delivers an immediate healthy income stream, with remaining rental upside in a prime coastal market.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,750,000

AD Id : 85048524

MLS Id : 26828455

Beds : 13

Lot Size : 7,483 Sqft

Living Area Size : 7,098

Year Built : 1958

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 13

    Bathroom Information

    Total Baths: 10

  • Building Information

    Year Built: 1958
    Building Area Total: 7098
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 7483 Lot Size Acres: 0.1718 Lot Size Source: Assessor Lot Size Square Feet: 7,483

  • Listing Price Information

    Listing Price: $3750000
    Original Price: $3950000

  • Tax Information

    Parcel Number: 4282013018

  • Location Information

    Direction: Situated between Santa Monica Boulevard and Wilshire Boulevard
Sell a home like this and save $224,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1243 12th Street, Santa Monica, CA, 90401 $5,250,000 36 -- 18,832 18,832 SqFt
1217 9th Street, Santa Monica, CA, 90401 $5,100,000 -- -- 4,770 4,770 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/27/2026 @ 20:12

MLS: 26828455 LISTED BY: Sean Rosenzweig, Marcus & Millichap 310-909-5500 SOURCE: CRMLS

Homes around $3,750,000

Selling? Save $224,501 when you sell a home like this

Tour with a ByOwner Agent