852 11th Street
Santa Monica, CA 90403
3380 sqft | 0.17 acres | #25476895
Description
Trophy property in the highly coveted North of Wilshire pocket of Santa Monica generates close to $20,000 per month in revenue! This extensively remodeled 5-unit property offers an attractive mix of a front 3-bedroom/2 bathroom 1,500 sq ft home (perfect for an owner-user!), 2 studio units and 2 one bedroom units. You can live in the front house and still generate over $10,000/month in income or simply collect the rents from all 5 remodeled units. Enjoy Santa Monica living at its finest in this extensively updated trophy property, just one block away from the best shopping, dining, restaurants and entertainment Montana Avenue has to offer. Very low maintenance in this property which showcases a beautiful and quaint quiet courtyard. All units boast updated kitchens with newer countertops/appliances/cabinets, beautiful refinished wood flooring and updated bathrooms. Other highlights include large closet spaces, extra storage available for potential upside income and owned onsite laundry machines. Trophy buildings like this in a fantastic neighborhood that can serve as an owner-occupied opportunity with income do not come on the market very often!
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- InteriorCeilingFans
- CountyLos Angeles
- Original List Price$4,499,000
- ViewCourtyard
- MLS #25476895
- MLS #25476895
- Cost4499000
- Acres0.1722
- Square Feet3380
- Year Built1949
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Ali Safavi (#CLW-C135464)
Listing Office: Ashby & Graff (#CLW-X81911)
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