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    11Th St Santa Monica, CA 90401

    For Sale
    $3,980,000

    Fully stabilized, upgraded multifamily property near Santa Monica beach.

    Lot size:
    0.17 Acres

    Property Features for 11Th St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1955

    Source: Global Estate Link Agent Atsuko Yube

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

    Overview

    Santa Monica Multifamily Investment

    This fully stabilized multifamily property is located in a prime Santa Monica location, minutes from the beach and boardwalk, and surrounded by retail, schools, and employment hubs. The property is 100% occupied with near-market rents and strong cash flow. Recent upgrades include modern interiors and in-unit laundry in most units, attracting high-quality tenants. The unit mix features eight one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. All units are separately metered for gas and electric. The property includes eleven dedicated parking spaces.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Santa Monica
    County
    Los Angeles
    State
    California
    Longitude
    -118.505356
    Latitude
    34.036105

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    FAQs

    What type of property is this?
    Apartment building - Fully stabilized, upgraded multifamily property near Santa Monica beach.
    Where is this apartment building located?
    The property is located at 11Th St Santa Monica, CA.
    What is the asking price?
    The asking price for this property is $3,980,000.
    What are key features of this property?
    This property features: - Prime Santa Monica location near the beach and boardwalk.; - 100% Occupied with near-market rents providing strong cash flow.; - In-unit laundry in most units.
    (408) 858-2169
    Request Owner's contact information
    11Th St Santa Monica, CA 90401
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    Santa Monica, CA 90401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11Th St Santa Monica, CA 90401
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