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Renovated 9-Unit Apartment Building
For Sale
Contact for pricing
Pending

1247 11th St, Santa Monica, CA 90401

Two-story property with updated interiors, in-unit laundry, and dedicated parking.

Property SizeContact for details
Lot Size0.17 Acres
Days on Market135

Property Features for 1247 11th St

General Information

Standard status Pending
Net Rentable 7,547 SF
Total Parking Spaces 11
Lot size 0.17 Acres
Property subtype Multifamily

Units

Unit Mix 8 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 9

Additional Details

Utilities to Site Yes

Amenities

in-unit laundry

Building Details

Year Built 1955
Buildings 1
Stories 2
Listing Agency: eXp Commercial
Listed By: Austin Che · License #CA 02110939
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Sep 2 at 4:26AM

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 eXp Commercial

Investment Insights

Based on property information with market context.

This two-story apartment building contains 9 units totaling 7,547 rentable square feet on a 7,478 square foot parcel. Constructed in 1955 and substantially updated, the property offers eight one-bedroom/one-bath residences and one two-bedroom/one-bath residence. Improvements include stainless steel appliances, quartz countertops, soft-close cabinetry, porcelain tile flooring, remodeled bathrooms, and in-unit laundry. Eleven dedicated parking spaces serve the building, while separate gas and electric metering supports straightforward utility allocation.

The property is located at 1247 11th St in Santa Monica, near UCLA, Santa Monica College, UCLA Santa Monica Medical Center, West LA VA Medical Center, and Santa Monica High School. Retail, employment, entertainment, and cultural destinations in the surrounding area include the Santa Monica Pier, Third Street Promenade, Main Street District, Santa Monica Place, and Westfield Century City. Walk, bike, and transit scores are 91, 96, and 75, respectively.

Key Highlights

  • 9 units with 7,547 rentable square feet on a 7,478 square foot parcel
  • Unit mix includes eight one‑bedroom/one‑bath units and one two‑bedroom/one‑bath unit
  • Updated interiors feature stainless steel appliances, quartz countertops, and remodeled bathrooms

Property Analytics

Current Use

Wilshire Patio Furniture & Home Goods

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Pet Grooming Service Grocery & Convenience Store Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

10,324
Businesses Nearby

Demographics for 90401, CA

8,167
Population
5,782
Households
1.4
Avg Household Size
39
Median Age
76%
College-Educated
97%
High-School Grad
0.8 sq mi
ZIP Area
10,209
Density / Sq Mi
$106,704
Median Household Income
$98,906
Median Earnings
$2,549
Median Rent
$1,129,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story property with updated interiors, in-unit laundry, and dedicated parking.
Where is this apartment building located?
The property is located at 1247 11th St Santa Monica, CA.
What are key features of this property?
This property features: 9 units with 7,547 rentable square feet on a 7,478 square foot parcel; Unit mix includes eight one‑bedroom/one‑bath units and one two‑bedroom/one‑bath unit; Updated interiors feature stainless steel appliances, quartz countertops, and remodeled bathrooms
(626) 340-9976 Call to check price and availability
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