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Listed by Mark Epstein • Mark Epstein & Associates
$2,525,000
Est. payment /mo
5,312 SqFt
Active
1904 11th Street Santa Monica, CA 90404
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UPDATED:
01/29/2025 09:31 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,312 sqft
Price per Sqft $475
MLS Listing ID CRSC25017110
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1986
Lot Size 7,486 Sqft
Property Description
No City of Santa Monica rent control; CA rent control only. Current 5.2% CAP with upside! Excellent curb appeal, pride of ownership property. The building is located in high tenant demand Pico area in the center of Santa Monica. The Pico area is known as one of the best neighborhoods in the City, and the Los Angeles area, with many restaurants and amenities nearby. Centrally located, just two miles from Santa Monica Beach, Santa Monica Pier and downtown. Close to many public transits stops and easy access to the 10 Freeway. Neighboring communities include the prime areas of Brentwood, West Los Angeles, Venice Beach and Marina Del Rey. Charming building with serene garden and beautiful buildings surrounding the property. Four units have been fully upgraded including in-unit laundry. One additional unit with partially upgraded kitchen and flooring and one unit has new bathroom. The unit mix consists of seven 1 bed/1 bath and one 2 bed/ 1 bath. Newly finished ADU unit being delivered tenant-ready, offering immediate upside. Property has been well maintained. New copper piping throughout the attic. Staircase redone 2014; New front fence 2021. Minimum maintenance requirements with upside potential from remaining non-upgraded units. Parking spaces in the back plus attached garage. No s
Location
State CA
County Los Angeles
Interior
Fireplace No
Appliance Dryer
Laundry Dryer, Washer, Inside, See Remarks
Building
Lot Description Level, Other
Water Public
![Bay East AOR and Contra Costa AOR](https://cdn.chime.me/image/fs/cmsbuild/202419/10/h600_original_fe21a604-c62b-42fb-bdac-07f0c9ffd18d.jpeg)
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