Large 11 unit building in Santa Monica offered at 12.9 GRM and cap rate of approximately 5.1%. 9,485 square ft. building. Priced at $314 per foot. Excellent unit mix of 3 two-bedroom one bathroom and 8 one-bedroom one bathroom and 1 studio apartment, 8 onsite parking. Landlord will deliver 2 one car garages vacant. Well maintained building in the heart of Santa Monica. Located across the street from the Broad Stage on 11th. All units are occupied. Please do not walk on property or disturb tenants. Inside with acceptable offer. Rent roll and OM are attached under docs. Expenses are estimated at 35% including new property tax, excluding management expense. All units have private patio or balcony.
For sale
$2,975,000
1301 11th St, Santa Monica, CA 90401
14beds
12baths
9,485sqft
Multi Family
Built in 1957
-- sqft lot
$-- Zestimate®
$314/sqft
$-- HOA
What's special
- 3 days
- 83
- 11
Zillow last checked:
Listing updated:
Listed by:
David Putnam DRE # 01036004 310-890-7438,
Berkshire Hathaway HomeServices California Properties 310-207-7080
Source: CLAW,MLS#: 26987793
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 12
Heating
- Wall
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Range/Oven
- Laundry: Common Area
Interior area
- Total structure area: 9,485
- Total interior livable area: 9,485 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport, Garage - 1 Car
- Garage spaces: 3
- Carport spaces: 5
- Covered spaces: 8
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,474 Square Feet
Details
- Additional structures: None
- Parcel number: 4282013022
- Zoning: SMR3*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1957
Community & HOA
Location
- Region: Santa Monica
Financial & listing details
- Price per square foot: $314/sqft
- Tax assessed value: $602,548
- Date on market: 9/17/2026
- Total actual rent: 230916
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Listed for sale | $2,975,000$314/sqft |
Source:  CLAW #26987793 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Downtown/Third Street Promenade
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