1850 11th St
$4,195,000

1850 11th St

8 Beds 5 Baths

Description

Unique opportunity to purchase a six-unit apartment building in prime Sunset Park with strong rental income. Located in a highly desirable neighborhood, in the heart of Santa Monica - this two-story income property consists of four (4), 2 bdrm/1 bath units and two (2) 3 bdrm/2 bath units. Currently under renovation, the property will offer luxury, turnkey units available July 1st. The exterior of the property has also been completely updated with modern styles and design. With an average unit size of just over 1,000 square feet, each residence boasts a private patio and onsite parking! In addition to the 2-car garage located at the front of the building, there are 6 additional parking spaces available off the alley. Just seconds to numerous restaurants, great shops, the beach, & the highly anticipated expo line, this property wont last! 3 bdrm units are currently rented for $4,200 & $4,300/mo. 2 bdrm units are being offered at $3,200/mo. Call for special, pre-lease up pricing.

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Location

1850 11th Street, Santa Monica, CA 90404

Status

Sold
Stormie Leoni

Stormie Leoni

Property Amenities

View additional property information below.
Area & Lot
Lot Area 0.17 Acres
MLS® ID 16-126352
Year Built 1964
Type MULTI_FAMILY
Status Sold
Exterior
Garage Space 2
Finance
Sales Price $4,195,000

Work With Stormie

Stormie brings an analytical and quantitative lens to her core real estate markets on the Westside of Los Angeles. Working in a high-profile environment, often with private clientele, has poised Stormie to handle each transaction with discretion, and expert negotiation tactics.

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