1528 11TH Street, Santa Monica, CA 90401 (MLS # CV17173992)

Price $3,250,000
Status Active
Beds 0
Baths 0 bath
Home size 6,414 sq ft
Lot Size 7,489 sqft
Days on Market 272
***LOCATION, LOCATION, LOCATION****GREAT OPPORTUNITY TO ACQUIRE THIS BEAUTIFUL BUILDING COMPLEX WITH 6 APARTMENTS, LOCATED IN THE HEART OF THIS AMAZING BEACH CITY OF SANTA MONICA,WITHIN WALKING DISTANCE TO 3RD STREET PROMENADE, SANTA MONICA COLLEGE, THE METRO LINE AND THE WORLD FAMOUS SANTA MONICA PIER! ALL UNITS ARE LARGE AND HAVE BEEN WELL MAINTAINED THROUGHOUT THE YEARS WITH THE PRIDE OF OWNERSHIP. THE UNITS SIT ON A LOT THATS OVER 7,400SQ.FT.AND THE BUILDING AREA IS ABOUT 6.414 SQ.FT. BUILT IN 1962 AND IT'S STILL IN MINT CONDITION, IT CONSISTS OF 1-3BR/2BA 4-2BR/1BA AND 1-1BR/1BA AND ALL ARE LARGE APTS!! GREAT LOCATION WITH A STRONG RENTAL UPSIDE FOR THE L.A. MARKET, FOR INCREASING RENTS SIGNIFICANTLY UPON ALL FUTURE VACANCIES!! **BUYER ACKNOWLEDGES THAT SELLERS INTENDS TO EXERCISE THE RIGHT TO PERFORM A TAX -DEFERRED EXCHANGE PURSUANT TO SECTION 1031 OF THE INTERNAL REVENUE CODE. BUYER AGREES TO COOPERATE IN SUCH EXCHANGE PROVIDED THAT BUYER INCURS NO COST OR LIABILITY ****
Property Type(s): Residential Income
Last Updated 2/24/2018 Year Built 1962
Community C14 - Santa Monica County Los Angeles

Price History

Prior to Jul 29, '17 $3,700,000
Jul 29, '17 - Nov 29, '17 $3,550,000
Nov 29, '17 - Today $3,250,000

Additional Details

AREA C14 - Santa Monica
BASEMENT Foundation: Pillar/Post/Pier, Slab
CONSTRUCTION Drywall Walls, Stucco
GARAGE Carport Attached
HEAT Wall Heater
INTERIOR Recessed Lighting, Tile Counters
LOT 7489 sq ft
LOT DESCRIPTION Level with Street, Near Public Transit
POOL DESCRIPTION None
STORIES 2
STYLE Contemporary
UTILITIES Public;
VIEW Yes
VIEW DESCRIPTION Neighborhood
WATER Public
ZONING SMR3*

Location

 

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Listing provided by : PETER MENDEZ CalBRE:01036303, RE/MAX TOP PRODUCERS

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Based on information from California Regional Multiple Listing Service, Inc. as of 4/26/18 2:04 PM PDT and /or other sources. 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

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