1323 11th St | Santa Monica, CA 90401
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1323 11th St
Santa Monica, CA 90401
10-Unit Renovated with Remaining Value-Add · Immeuble residentiel Bien À vendre
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10 Lots
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Extremely rare opportunity to acquire a renovated apartment building north of Santa Monica Boulevard in Santa Monica
- Residents can easily access the 10 freeway and major thoroughfares such as Wilshire, Santa Monica, and Olympic Boulevards within five minutes
- 80% renovated and upgraded asset with remaining value-add
- The government required seismic retrofit work has been completed which saves a new investor substantially in capital and time
- Fifteen minute walk to the 3rd Street Promenade
- Investors can expect to have low repair & maintenance expenses as current ownership has made extensive renovations over the last few years
RÉSUMÉ ANALYTIQUE
The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer the opportunity to acquire 1323 11th Street, a 10 unit partially renovated apartment community located in Santa Monica. Situated between Santa Monica Boulevard and Wilshire Boulevard, the subject property is located within walking distance to the 3rd Street Promenade and provides easy access to everyday amenities.
Situated on a 7,485 square foot lot, the property consists of a single building with seven one-bedroom units and three two-bedroom units. Current ownership has extensively renovated 80% of the units, featuring new flooring throughout, modern kitchens with quartz countertops, stainless steel appliances—including dishwasher, stove/oven, and farmhouse-style sink—and open-concept dining and living areas. Renovated units also include updated bathrooms, contemporary vanities, spacious closets, and ample cabinet space.
1323 11th Street provides investors a rare buying opportunity that provides an immediate healthy income stream, with remaining rental upside in a prime coastal market.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
Situated on a 7,485 square foot lot, the property consists of a single building with seven one-bedroom units and three two-bedroom units. Current ownership has extensively renovated 80% of the units, featuring new flooring throughout, modern kitchens with quartz countertops, stainless steel appliances—including dishwasher, stove/oven, and farmhouse-style sink—and open-concept dining and living areas. Renovated units also include updated bathrooms, contemporary vanities, spacious closets, and ample cabinet space.
1323 11th Street provides investors a rare buying opportunity that provides an immediate healthy income stream, with remaining rental upside in a prime coastal market.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
INFORMATIONS SUR L’IMMEUBLE
| Prix par lot | 377 497 € | Classe d’immeuble | C |
| Type de vente | Investissement | Surface du lot | 0,07 ha |
| Taux de capitalisation | 5,26 % | Surface de l’immeuble | 659 m² |
| Multiplicateur du loyer brut | 12.81 | Nb d’étages | 2 |
| Nb de lots | 10 | Année de construction | 1958 |
| Type de bien | Immeuble residentiel | Ratio de stationnement | 0,17/1 000 m² |
| Sous-type de bien | Appartement | Zonage | SMR3* |
| Style d’appartement | De faible hauteur |
| Prix par lot | 377 497 € |
| Type de vente | Investissement |
| Taux de capitalisation | 5,26 % |
| Multiplicateur du loyer brut | 12.81 |
| Nb de lots | 10 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,07 ha |
| Surface de l’immeuble | 659 m² |
| Nb d’étages | 2 |
| Année de construction | 1958 |
| Ratio de stationnement | 0,17/1 000 m² |
| Zonage | SMR3* |
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| 1+1 | 7 | - | 65 - 84 |
| 2+1 | 3 | - | 84 - 102 |
TAXES FONCIÈRES
| Numéro de parcelle | 4282-013-018 | Évaluation des aménagements | 687 138 € |
| Évaluation du terrain | 2 823 858 € | Évaluation totale | 3 510 995 € |
TAXES FONCIÈRES
Numéro de parcelle
4282-013-018
Évaluation du terrain
2 823 858 €
Évaluation des aménagements
687 138 €
Évaluation totale
3 510 995 €
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