852 11Th Street

Santa Monica, CA 90403

$4,499,000

List Price

0

bed Beds

6

shower Baths

3,380 sqft

straighten / sqft

1949

calendar_month Built

Property 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!

Listing Information

List Price $4,499,000
Status Active
MLS 25476895
Type Residential Income
Year Built 1949
Lot Size 7,500
Structure Size 3,380
DOM 8
Courtesy Of Ashby & Graff
Listing Agent Ali Safavi DRE#02112648

Interior Features

Laundry Information
Location(s) Inside
Total Bathroom
Bathrooms 6
Flooring Information
Material Wood
Additional Information
Additional Features Ceiling Fan(s)
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Ali Safavi, Ashby & Graff 310-694-2813. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 14th, 2025 at 1:28 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.