Skip To Content

    852 11Th St

    Santa Monica, CA 90403
    • $4,795,000
    • STATUS: Active
    • ON SITE: 40 days
    • MLS #: 21-711040
    Price Reduced
    UPDATED: 71 min ago
    $4,795,000
    • 7
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,380
      SQFT
    • $1,419
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:
    Area:

    School Ratings & Info

    Description

    Live in a beautiful updated house and collect income at the same time!! Enjoy Santa Monica living at its finest in this extensively updated house with 2 private yards in A+ location & 4 income producing apartments in the back producing $10,350/month - just one block away from the best shopping, dining, restaurants and entertainment Montana Avenue has to offer. Vacant front house is perfect for owner user with over 1,700 sq ft with 3 bedrooms, 2 bathrooms, washer/dryer, A/C all inside this beautiful updated Santa Monica house. Turnkey house has a quaint, quiet courtyard with a privacy oak fence. The house also boasts updated kitchen with newer countertops/appliances/cabinets, beautiful refinished real hardwood flooring and updated bathrooms. Other highlights include large closet space, office and kitchen nooks, and spacious patio space coupled with 2 outdoor private yards. Scoop up this amazing single family house with income units opportunity, just one block South of Montana and close to the Promenade and the Beach! 2 private garage spaces with storage is included. Community laundry (owned outright!) for the apartments affords more income. Buyer can assume seller loan ($1.8MM at 4.06% interest!) Pets are welcome!

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-05T22:42:31.21. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.markwiseproperties.com/homes/115485255
    Print Image

    852 11Th St Santa Monica, CA 90403

    • Price: $4,795,000
    • Status: Active
    • Updated: 71 min ago
    • MLS #: 21-711040
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,380
    SQFT
    $1,419
    $/SQFT
    1949
    Built
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    Live in a beautiful updated house and collect income at the same time!! Enjoy Santa Monica living at its finest in this extensively updated house with 2 private yards in A+ location & 4 income producing apartments in the back producing $10,350/month - just one block away from the best shopping, dining, restaurants and entertainment Montana Avenue has to offer. Vacant front house is perfect for owner user with over 1,700 sq ft with 3 bedrooms, 2 bathrooms, washer/dryer, A/C all inside this beautiful updated Santa Monica house. Turnkey house has a quaint, quiet courtyard with a privacy oak fence. The house also boasts updated kitchen with newer countertops/appliances/cabinets, beautiful refinished real hardwood flooring and updated bathrooms. Other highlights include large closet space, office and kitchen nooks, and spacious patio space coupled with 2 outdoor private yards. Scoop up this amazing single family house with income units opportunity, just one block South of Montana and close to the Promenade and the Beach! 2 private garage spaces with storage is included. Community laundry (owned outright!) for the apartments affords more income. Buyer can assume seller loan ($1.8MM at 4.06% interest!) Pets are welcome!
    Exterior Features

    Covered Parking 4 Direction Faces West Entry Location Ground Level W/Steps Exterior Construction Stucco Levels Ground Level Lot Description Exterior Security LightsLawnLandscaped Lot Location None Lot Size Area 7498 Other Structures None Parking Garage Garage Is Detached Patio Features None Pool Description None Pool YN No Roof Flat Spa None Spa YN No Sprinklers Manual Style Craftsman Tennis Court None Tennis YN No Total Parking 4 View Description None View YN No Water Frontage None

    Interior Features

    Bathroom Features Remodeled Baths Total 6.00 Common Walls Attached Cooking Appliances Cooktop - ElectricMicrowaveOvenGas/Electric Range Cooling Ceiling FanWall Unit(S) Den No Dining Room No Equipment CableGarbage DisposalFreezerDryerDishwasherCeiling FanGas Dryer HookupMicrowave Family Room No Fireplace Rooms Den Flooring Hardwood Foundation Details Slab Heating Central Laundry CommunityIn Kitchen Laundry Equipment Own Rooms Breakfast Area Water Heater Features None Windows Bay WindowVertical Blinds

    Property Features

    Association Fees Include Alarm SystemCable TvElectricityGasEarthquake InsuranceWater And Sewer Paid Disability Access None Gross Income 220814 Gross Operating Income 220814 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 154569.00 Number Of Buildings 3 Number Of Units 5 Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features GatedSmoke DetectorFire SprinklersCommunityExterior Security Lights Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 66244 Type Of Units 2 Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Smr2*

    Listing provided courtesy of Ali Safavi DRE# of Sotheby's International Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-05T22:42:31.21. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-711040-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-711040-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-711040-2.jpg
    Logo
    Mark Wise | Bennion Deville Homes
    71691 Highway 111
    Rancho Mirage CA, 92270