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    852 11Th Street

    Santa Monica, CA 90403
    • $4,795,000
    • STATUS: Active
    • ON SITE: 43 days
    • ID#: 21711040
    Price Reduced
    $4,795,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,380
      SQFT
    • $1,419
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    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 California Regional Multiple Listing Service, Inc. as of 2021-05-08T00:33:37.393. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
    www.sandiegohomesdirect.com/homes/115486096
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    852 11Th Street Santa Monica, CA 90403

    • Price: $4,795,000
    • Status: Active
    • ID#: 21711040
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,380
    SQFT
    $1,419
    $/SQFT
    1949
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - 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

    Architectural Style Craftsman Construction Materials Stucco Direction Faces West Entry Location Ground Level W/Steps Foundation Details Slab Lot Features LawnLandscaped Parking Total 4 Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

    Interior Features

    Accessibility Features None Appliances DishwasherElectric CooktopDisposalGas RangeMicrowaveOven Fireplace Features Den Fireplace YN Yes Flooring Wood Heating Central Heating YN Yes Window Features Bay Window(S)

    Property Features

    Additional Parcels YN No Association Amenities ElectricityGasCable Tv Association Fee Includes Earthquake Insurance Buyer Financing Assumed Community Features Gated Disclosures Principal is Real Estate LicensedRent Control Garage YN Yes Gross Income 220814 Laundry Features Common AreaIn Kitchen Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 154569 Possession Close Of Escrow Property Condition Updated/Remodeled Rent Control YN Yes Security Features Fire Sprinkler SystemGated CommunitySmoke Detector(S) Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Smr2*

    Listing provided courtesy of Ali Safavi of Sotheby's International Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-08T00:33:37.393. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
     
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    Compass
    617 Saxony Place #101
    Encinitas CA, 92024