About 1301 11th Street
Large 11 unit building in Santa Monica offered at 12.9 GRM and cap rate of approximately 5.1%. 9,485 square ft. building. Priced at $314 per foot. Excellent unit mix of 3 two-bedroom one bathroom and 8 one-bedroom one bathroom and 1 studio apartment, 8 onsite parking. Landlord will deliver 2 one car garages vacant. Well maintained building in the heart of Santa Monica. New roof, soft story retrofit completed. Located across the street from the Broad Stage on 11th. All units are occupied. Please do not walk on property or disturb tenants. Inside with acceptable offer. Rent roll and OM are attached under docs. Expenses are estimated at 35% including new property tax, excluding management expense. All units have private patio or balcony.
Features of 1301 11th Street
| MLS® # | 26987793 |
|---|---|
| Price | $2,975,000 |
| Bedrooms | 13 |
| Bathrooms | 11.00 |
| Square Footage | 9,485 |
| Lot Size | 7,477 |
| Year Built | 1957 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 11 |
Community Information
| Address | 1301 11th Street |
|---|---|
| Area | C14 - Santa Monica |
| City | Santa Monica |
| County | Los Angeles |
| Zip Code | 90401 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | Door-Single, Garage, Carport |
| # of Garages | 3 |
| Garages | Door-Single, Garage, Carport |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Disposal, Refrigerator |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | September 17th, 2026 |
|---|---|
| Zoning | SMR3* |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | David Putnam |
|---|---|
| Office | Berkshire Hathaway HomeServices California Properties |