852 11th Street

Santa Monica, CA 90403

$4,499,000
Price
5
Beds
6
Baths
3,380 Sq. Ft.
$1,331 / Sq. Ft.
3,380
Sq. Ft.
$1,331
per Sq. Ft.

Description

Trophy property in the highly coveted North of Wilshire pocket of Santa Monica generates close to $20,000 per month in revenue! This extensively remodeled 5-unit property offers an attractive mix of a front 3-bedroom/2 bathroom 1,500 sq ft home (perfect for an owner-user!) , 2 studio units and 2 one bedroom units. You can live in the front house and still generate over $10,000/month in income or simply collect the rents from all 5 remodeled units. Enjoy Santa Monica living at its finest in this extensively...Trophy property in the highly coveted North of Wilshire pocket of Santa Monica generates close to $20,000 per month in revenue! This extensively remodeled 5-unit property offers an attractive mix of a front 3-bedroom/2 bathroom 1,500 sq ft home (perfect for an owner-user!) , 2 studio units and 2 one bedroom units. You can live in the front house and still generate over $10,000/month in income or simply collect the rents from all 5 remodeled units. Enjoy Santa Monica living at its finest in this extensively updated trophy property, just one block away from the best shopping, dining, restaurants and entertainment Montana Avenue has to offer. Very low maintenance in this property which showcases a beautiful and quaint quiet courtyard. All units boast updated kitchens with newer countertops/appliances/cabinets, beautiful refinished wood flooring and updated bathrooms. Other highlights include large closet spaces, extra storage available for potential upside income and owned onsite laundry machines. Trophy buildings like this in a fantastic neighborhood that can serve as an owner-occupied opportunity with income do not come on the market very often!
  1. Listed by Ali Safavi • DRE #02112648 • Brokerage DRE #01938560 • Ashby & Graff

Property Details for 852 11th Street

Zoning
SMR2*
Style
California Bungalow
Parcel Number
4281024012
Total Units
5.0
Living Area
3380
Source Living Area
Vendor Enhanced
Area
Santa Monica (C14)
Vacancy Rate
0
LISTING UPDATED: 01/06/2025 10:50 AM

Property Details for 852 11th Street

StatusActive
MLS #25-476895
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.17 AC / 7,500 SF
CountyLos Angeles County

Building Information for 852 11th Street

Stories2Residences-Year Built1949Building Size-Lot Size0.17 AC / 7,500 SF

Property Information for 852 11th Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: Residential
  • View: Yes
  • View Description: Courtyard
  • View: Courtyard
Contract Info
Contract Info
  • Disclosures: Seller/Owner/Principal RE Licensed, Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $220,920
  • Net Operating Income: $170,000.00
  • Gross Income: $220,920
  • Gross Rent Multiplier: $20.50
  • Actual Annual Gross Rent: $219,720.00
  • Total Annual Expense: 50920
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1722
  • Lot Size Square Feet: 7500
  • Lot Size Dimensions: 50x150
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Covered Parking, Assigned, Attached
  • Total Parking: 4
  • Parking Features: Covered, Assigned
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Baseboard
  • Heating Type: Baseboard, Solar Heat Passive
  • Flooring: Hardwood
  • Equipment: Cable, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Refrigerator, Range/Oven, Vented Exhaust Fan, Washer, Water Filter, Freezer
  • Interior Features: Ceiling Fan(s)
  • Laundry: Inside, Laundry Area
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 01-06-2025
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $7,150.00
  • Unit Actual Rent: $7,150.00
  • Unit Projected Rent: $8,150.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,300.00
  • Unit Actual Rent: $2,300.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,225.00
  • Unit Actual Rent: $2,225.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,485.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,150.00
  • Unit Actual Rent: $3,150.00
  • Unit Projected Rent: $3,150.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $927,328.00
  • Assessed Improvement Percent: 28.95
  • Assessed Land Value: $2,275,656.00
  • Assessed Land Percent: 71.05
  • Assessed Total Value: $3,202,984.00

Property History for 852 11th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 852 11th Street

Taxable ValueLand$2,321,169Additions$945,874Total$3,267,043
Tax Record2024$39,330 ($3,278 / month)
Home Facts
Total Finished SqFt3,380 SqFtAbove Grade Finished SqFt3,380 SqFtLot Size7,498 SqFtStyleMulti-Family Res (5+ Units)Year Built1949ZoningSMR2*CountyLOS ANGELESAPN4281-024-012

Schools near 852 11th Street

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Roosevelt Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Santa Monica Alternative (K-8) School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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852 11th Street is a multi-family home for sale in Santa Monica, CA 90403. This property was listed for sale on January 6, 2025 by Ashby & Graff, it's currently listed at $4,499,000. It has been on the market for a total of 3 days and was last sold on April 8, 2016. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include Roosevelt Elementary School, Lincoln Middle School and Santa Monica High School. 852 11th Street is a 5-bed, 6-bath, 3,380 sqft multi-family home built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ashby & Graff, Ali Safavi, DRE #02112648

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.