Santa Monica, CA 90404,1850 11TH ST
$1,927,000
$1,800,000
7.1%
Est.Price: ?

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7,492 Sqft Lot

1850 11TH ST Santa Monica, CA 90404

Est. payment /mo
SOLD DATE : 11/23/2015

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Key Details

Sold Price $1,927,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 15950411

Sold Date 11/23/15

HOA Y/N No

Year Built 1964

Lot Size 7,492 Sqft

Property Description

Don't miss this amazing opportunity to own a prime income property in Sunset Park! Located in a highly desirable neighborhood, in the heart of Santa Monica - this two-story income property consists of four (4), 2 bdrm/1 bath units and two (2) 3 bdrm/2 bath units. The desirable unit mix features spacious floorplans. With an average unit size of just over 1,000 square feet per unit, each unit boasts a private patio and onsite parking! In addition to the two car garage located at the front of the building, there are six (6) other parking spaces available off the alley. Additional income provided by the onsite laundry units as well. With current rents 40% below market, this investment offers tremendous upside potential for any investor and also a great property for a longterm hold. Seconds to restaurants, great shops, the beach & the highly anticipated expo line!

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Fireplace No

Appliance Refrigerator, Dryer, Washer

Laundry Common Area

Exterior

Parking Features Door-Multi, Garage, Uncovered

Total Parking Spaces 11

Building

Story 2

Others

Tax ID 4283024010

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tamra (Tami) Pardee • Pardee Properties, Inc.
Bought with Tamra (Tami) Pardee • Pardee Properties, Inc.

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agent

Scott Miller

Realtor- Area leader for Epique Realty | License ID: 02152150

+1(760) 264-3501

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