1528 11TH Street A Santa Monica, CA 90401

0 Bedroom, Apartment

  • Residential Income
  • 0 Sq Ft
MLS: #CV17173992
$3,250,000
COMMENTS
***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 Features

  • Property Type: Apartment
  • Price per Sqft: $507
  • Year Built: 1962
  • Stories: 2
  • Lot Size: 7,489 SqFt
  • Parking/Carport Spaces: 4
  • Parking Type: Carport Attached
  • Interior: Recessed Lighting, Tile Counters
  • Flooring: Carpet, Vinyl
  • Pool Description: None
  • Roof: Composition
  • Fence Type: Block, Wrought Iron
  • Lot Features: Level with Street, Near Public Transit
  • Building Levels Description: Two
  • Total Floors in Building: 2
  • Construction: Drywall Walls, Stucco
  • Dryer: 1
  • Heating: Wall Heater
  • Power On or Off: Contemporary
  • Parking Spaces: 6
  • County: Los Angeles
  • Area: C14 - Santa Monica
  • HOA Fee:
  • HOA Fee Includes: Sidewalks, Storm Drains, Street Lighting

Location

Directions: WEST OF THE 10 FWY, N/LINCOLN, E/SANTA MONICA BLVD.

Listing courtesy of RE/MAX TOP PRODUCERS
Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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