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Single-Story Apartment Complex
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2620 11th St, Santa Monica, CA 90405

Built in 1947, the property offers 16 one-bedroom units with garages, storage lockers, and a communal laundry room.

Property SizeContact for details
Lot Size0.39 Acres
Days on Market122

Property Features for 2620 11th St

General Information

Standard status Active
Total Parking Spaces 16
Lot size 0.39 Acres
Property subtype Multifamily

Additional Details

Cap Rate 4.78%
Multifamily Units 16

Building Details

Year Built 1947
Stories 1
Tenancy Multi
Listing Agency: Central Realty Advisors
Listed By: Elijah Korobkin · License #CA 02046001
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 6:24PM

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 Central Realty Advisors

Investment Insights

Based on property information with market context.

“Live on 11th” is a 16-unit, single-story, bungalow-style apartment complex built in 1947. All units are one-bedroom, one-bath layouts. The property includes 11 garages, five additional parking spaces, five storage lockers, and a communal laundry room.

Located in Ocean Park, Santa Monica, the building sits on 17,072 square feet of land. The offering also includes submitted plans for additional ADUs with the City of Santa Monica, with corrections issued.

The existing configuration is a 16-unit residential income building on a large lot, with an on-site ADU concept that contemplates two 4-bedroom, 3-bath units, each identified as 1,190 square feet in the plan materials referenced in the listing remarks.

Key Highlights

  • 16‑unit complex in Ocean Park, Santa Monica; all units are 1 bed/1 bath and single‑story bungalow style
  • Built in 1947 on a 17,072 SF lot (17k+ SF); includes 11 garages plus 5 additional parking spaces
  • On‑site amenities include a communal laundry room and 5 storage lockers for residents

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Butcher Nursing Home Tanning Salon Grocery & Convenience Store

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

16
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,028
Businesses Nearby

Demographics for 90405, CA

27,966
Population
15,726
Households
1.8
Avg Household Size
43
Median Age
70%
College-Educated
96%
High-School Grad
2.8 sq mi
ZIP Area
9,988
Density / Sq Mi
$114,489
Median Household Income
$84,727
Median Earnings
$2,311
Median Rent
$1,940,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Built in 1947, the property offers 16 one-bedroom units with garages, storage lockers, and a communal laundry room.
Where is this apartment building located?
The property is located at 2620 11th St Santa Monica, CA.
What are key features of this property?
This property features: 16‑unit complex in Ocean Park, Santa Monica; all units are 1 bed/1 bath and single‑story bungalow style; Built in 1947 on a 17,072 SF lot (17k+ SF); includes 11 garages plus 5 additional parking spaces; On‑site amenities include a communal laundry room and 5 storage lockers for residents
More about this property
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