1137 11th St - Apartments FOR SALE


Santa Monica, CA 90403- Wilshire Montana
$4,500,000 USD
1137 11th St, Santa Monica, CA for Sale
$4,500,000 USD
Apartments - FOR SALE
1/3
null | 3.82% Cap Rate

1137 11th St
Santa Monica, CA 90403
Wilshire Montana


OVERVIEW

939 11th Street presents a rare opportunity to acquire a well-located multifamily asset in the highly desirable Santa Monica market, just moments from world-class retail, dining, and the Pacific coastline. The property offers stable in-place income with strong long-term upside potential supported by limited new supply and consistently high tenant demand. Situated in a premier coastal submarket, the asset is well-positioned for investors seeking a durable hold with attractive fundamentals and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$323 USD /SF

# OF UNITS

11

PRICE/UNIT

$409,091

CAP RATE

3.82%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1963

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,501 SF

ZONING

SMR2*

APN/PARCEL ID

4281-020-016

ASK ABOUT THIS PROPERTY

Tony AzziMarcus & MillichapMore Info

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Tony AzziMarcus & MillichapMore Info

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