842 11th St, Santa Monica, CA 90403
842 11th St, Santa Monica, CA 90403
842 11th St, Santa Monica, CA 90403
842 11th St, Santa Monica, CA 90403
842 11th St, Santa Monica, CA 90403
842 11th St, Santa Monica, CA 90403
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 13,995,000
Est. payment | /mo

18 Beds

24 Baths

14,334 SqFt


Save
$ 13,995,000
Est. payment | /mo
Save

18 Beds

24 Baths

14,334 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,334 sqft

Price per Sqft $976

MLS Listing ID 26101638

Bedrooms 18

Year Built 1990

Lot Size 7,501 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

Offered for sale for the very first time, this distinguished trophy property presents an extraordinary investment opportunity less than one block from Santa Monica's prestigious Montana Avenue, renowned for its upscale boutiques, restaurants, and cafes. Generating over $750,000 in annual gross rental income, this luxury property features a highly coveted and seldom-available unit mix: One spectacular 5-bedroom, 6-bathroom luxury residence spanning approximately 4,000 square feet; Two spacious 3-bedroom, 3.5-bathroom residences; and Five generously proportioned 2-bedroom, 2-bathroom residences. Every residence has been extensively remodeled with high-end finishes, offering sophisticated interiors and spacious, thoughtfully designed floor plans. Additional highlights include gated subterranean parking, owner-owned laundry facilities, low maintenance requirements, and no seismic retrofit required. A COMPELLING INVESTMENT OPPORTUNITY: With substantial in-place income, minimal anticipated capital expenditures, and a rare collection of oversized luxury residences, this turnkey property offers immediate cash flow without the renovation costs and lease-up risks associated with traditional value-add investments. Its irreplaceable location, premium finishes, and distinctive unit mix position it for enduring rental demand and long-term appreciation potential. A true legacy asset combining luxury, location, strong income, and long-term investment value in one of Southern California's most prestigious coastal communities.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central, Ceiling Fan

Equipment Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Microwave, Range/Oven, Refrigerator, Washer, Water Filter, Water Line to Refrigerator, Stackable W/D Hookup, Ice Maker, Intercom, Hood Fan, Gas Dryer Hookup, Network Wire, Vented Exhaust Fan

Laundry In Unit, Laundry Area, Community

Exterior

Parking Features Gated, Gated Underground, Private

Garage Spaces 18.0

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Real Estate eBroker Inc.

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

842 11th St