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1428 11th Street

Santa Monica, CA 90401
  • $3,760,000
  • STATUS: Active
  • ON SITE: 106 Days
  • ID#: 25620841
UPDATED: 37 min ago
$3,760,000
  • 14
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,280
    SQFT
  • $516
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Listing Agent(s): Kimiyasu Murayoshi of Andrew C. Lee (213-625-1629) and Andrew C Lee of ()


Description

The property consists of a 7,280 SF building situated on a 7,495 SF lot, built in 1958. The building consists of (4) 2-bed/1-bath and (6) 1-bed/1-bath units. Unit 5 is currently being renovated. New roof, new main and subpanels, new plumbing lines and new windows. Given the ideal location and in-place income, this is an excellent opportunity for an owner/user or a yield-focused investor to acquire an asset in Prime Santa Monica area.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T18:29:54.973. 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 eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/170144893
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1428 11th Street Santa Monica, CA 90401

  • Price: $3,760,000
  • Status: Active
  • On Site: 106 Days
  • Updated: 37 min ago
  • ID#: 25620841
14
Beds
0
Baths
0
½ Baths
0.17
Acres
7,280
SQFT
$516
$/SQFT
1958
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
The property consists of a 7,280 SF building situated on a 7,495 SF lot, built in 1958. The building consists of (4) 2-bed/1-bath and (6) 1-bed/1-bath units. Unit 5 is currently being renovated. New roof, new main and subpanels, new plumbing lines and new windows. Given the ideal location and in-place income, this is an excellent opportunity for an owner/user or a yield-focused investor to acquire an asset in Prime Santa Monica area.
Exterior Features

Parking Features Assigned Parking Total 0

Interior Features

Appliances DisposalRefrigerator Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 3.65 Gross Income 243840 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 137097 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 7 Zoning SMR3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T18:29:54.973. 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 eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Kimiyasu Murayoshi of Andrew C. Lee (213-625-1629) and Andrew C Lee of ()