Santa Monica Three-Unit Investment Property

11565 Iowa Avenue Los Angeles, CA 90025

Claim this Listing
For Sale
$1,900,000

Rare, fully rented three-unit property near Wilshire district and Beverly Hills.

Property size:
2,192 SF
Price / SF:
$866/SF
Added:
May 23, 2025
Days on Market:
414
Last Refresh:
Mar 16 at 9:09 am

Property Features for 11565 Iowa Avenue

General Information

Standard status
Active
Size
2,192 SF

Building Details

Year Built
1928

Listing office RE-SEARCH CONCEPT

Listing date May 23, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of RE-SEARCH CONCEPT


Investment Insights

Based on property information with market context.

This is a rare three-unit property located in Santa Monica, near the Wilshire district and Beverly Hills, presenting a long-term investment opportunity. The property is fully rented. The duplex has been renovated with modern touches, including laminate floors, quartz countertops, marble vanities, recessed lighting, and double-paned windows. Each unit includes a washer and dryer. The original duplex consists of two units, each featuring two bedrooms and one bathroom. A recently built ADU offers two bedrooms and two bathrooms. The free-standing unit includes a front porch and a BBQ area in the back. The property size is 2192 square feet.

Key Highlights

  • Fully rented three‑unit property (duplex + ADU) in Santa Monica, offering immediate investment income.
  • Recently renovated duplex with modern finishes including laminate floors, quartz countertops, marble vanities, recessed lighting, double‑paned windows, and top‑of‑the‑line appliances.
  • Each unit includes its own washer and dryer, a unique and highly desirable amenity.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

FLO Charging Station Electric Vehicle Charging Station

Suggested Use

Barber Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Clothing & Fashion Store Nursing Home (Bike/Boat/Book/etc) Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Rare, fully rented three-unit property near Wilshire district and Beverly Hills.
Where is this triplex located?
The property is located at 11565 Iowa Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Fully rented three‑unit property (duplex + ADU) in Santa Monica, offering immediate investment income.; Recently renovated duplex with modern finishes including laminate floors, quartz countertops, marble vanities, recessed lighting, double‑paned windows, and top‑of‑the‑line appliances.; Each unit includes its own washer and dryer, a unique and highly desirable amenity.
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