Santa Monica Three-Unit Investment
For Sale
$1,900,000
11565 Iowa Avenue, Los Angeles, CA 90025
Rare, fully rented three-unit property near Wilshire district and Beverly Hills.
Property Size2,192 SF
Price / SF$866.79
Days on Market466
Property Features for 11565 Iowa Avenue
General Information
Standard status
Active
Size
2,192 SF
Building Details
Year Built
1928
Listing Agency:
RE-SEARCH CONCEPT
Listed By:
BRIDGETTE HARABEDIAN
Source:
Corcoran
Added: May 23, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
6,624
Businesses Nearby
Explore this area
Business Placement
Demographics for 90025, CA
45,466
Population
24,965
Households
1.8
Avg Household Size
36
Median Age
70%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
17,487
Density / Sq Mi
$104,627
Median Household Income
$70,713
Median Earnings
$2,465
Median Rent
$1,081,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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.
