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8-Unit Luxury Apartment Building
For Sale
$13,995,000

842 11th St, Santa Monica, CA 90403

Remodeled residences are complemented by gated subterranean parking and an owner-owned laundry facility.

Property Size14,334 SF
Price / SF$976.35
Days on Market16

Property Features for 842 11th St

General Information

Standard status Active
Size 14,334 SF
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Wilshire

Units

Unit Mix 1 x 5BR/6BA, 2 x 3BR/3.5BA, 5 x 2BR/2BA
Multifamily Units 8

Amenities

gated subterranean parking
owner-owned laundry facilities

Building Details

Building Size 14,334 SF
Year Built 1990
Listing Agency: Real Estate eBroker Inc.
Listed By: Ali Safavi · License #02112648
Source: Benbelack
Added: Oct 12 Changed: Oct 26 Last Checked: Oct 26 at 10:20PM

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 Real Estate eBroker Inc.

Rey
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Investment Insights

Based on property information with market context.

This 14,334-square-foot apartment building, constructed in 1990, contains eight remodeled residences. The unit mix includes a 5-bedroom, 6-bathroom home of approximately 4,000 square feet, two 3-bedroom, 3.5-bathroom apartments, and five 2-bedroom, 2-bathroom apartments. Gated subterranean parking and an owner-owned laundry facility serve the property. No seismic retrofit is required.

The building is located less than one block from Montana Avenue in Santa Monica.

Key Highlights

  • Eight residences: one 5‑bedroom/6‑bathroom unit, two 3‑bedroom/3.5‑bathroom units, and five 2‑bedroom/2‑bathroom units
  • The 5‑bedroom residence spans approximately 4,000 square feet
  • 14,334‑square‑foot building constructed in 1990

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

2,717
Businesses Nearby

Demographics for 90403, CA

25,278
Population
14,853
Households
1.7
Avg Household Size
42
Median Age
72%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
18,056
Density / Sq Mi
$121,512
Median Household Income
$82,557
Median Earnings
$2,443
Median Rent
$1,553,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Remodeled residences are complemented by gated subterranean parking and an owner-owned laundry facility.
Where is this apartment building located?
The property is located at 842 11th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $13,995,000.
What are key features of this property?
This property features: Eight residences: one 5‑bedroom/6‑bathroom unit, two 3‑bedroom/3.5‑bathroom units, and five 2‑bedroom/2‑bathroom units; The 5‑bedroom residence spans approximately 4,000 square feet; 14,334‑square‑foot building constructed in 1990
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