842 11th Street, Santa Monica, CA 90403
Local realty services provided by:Better Homes and Gardens Real Estate Champions
842 11th Street,Santa Monica, CA 90403
$13,995,000
- 18 Beds
- 24 Baths
- 14,334 sq. ft.
- Multi-family
- Active
Listed by: ali safavi
Office: real estate ebroker inc.760-722-3222
MLS#:26101638
Source:CRMLS
Price summary
- Price:$13,995,000
- Price per sq. ft.:$976.35
About this home
Offered for sale for the very first time, this distinguished trophy property presents an extraordinary investment opportunity less than one block from Santa Monica's prestigious Montana Avenue, renowned for its upscale boutiques, restaurants, and cafes. Generating over $750,000 in annual gross rental income, this luxury property features a highly coveted and seldom-available unit mix: One spectacular 5-bedroom, 6-bathroom luxury residence spanning approximately 4,000 square feet; Two spacious 3-bedroom, 3.5-bathroom residences; and Five generously proportioned 2-bedroom, 2-bathroom residences. Every residence has been extensively remodeled with high-end finishes, offering sophisticated interiors and spacious, thoughtfully designed floor plans. Additional highlights include gated subterranean parking, owner-owned laundry facilities, low maintenance requirements, and no seismic retrofit required. A COMPELLING INVESTMENT OPPORTUNITY: With substantial in-place income, minimal anticipated capital expenditures, and a rare collection of oversized luxury residences, this turnkey property offers immediate cash flow without the renovation costs and lease-up risks associated with traditional value-add investments. Its irreplaceable location, premium finishes, and distinctive unit mix position it for enduring rental demand and long-term appreciation potential. A true legacy asset combining luxury, location, strong income, and long-term investment value in one of Southern California's most prestigious coastal communities....
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Home facts
- Year built:1990
- Listing ID #:26101638
- Added:10 day(s) ago
- Updated:October 23, 2026 at 11:44 AM
Rooms and interior
- Bedrooms:18
- Total bathrooms:24
- Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
- Living area:14,334 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1990
- Building area:14,334 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$13,995,000
- Price per sq. ft.:$976.35
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Washer
- Laundry features:Dryer, Stacked, Washer
- Amenities:Carbon Monoxide (CO2) Detector
Parking
- Total parking spaces:18
- Parking description:Gated, Private
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