$3,750,000
-$200,0001323 11th Street, Santa Monica CA 90401
Multi-Family (10 Units)
Property type
46 days
On market
$528
Price per sqft
N/A
Garage
1958
Year built
7,483 sqft
Lot size
Open Houses
Overview
We are pleased to offer the opportunity to acquire 1323 11th Street, a 10-unit partially renovated apartment community located in Santa Monica. Situated between Santa Monica Boulevard and Wilshire Boulevard, the subject property is located within walking distance to the 3rd Street Promenade and provides easy access to everyday amenities.Situated on a 7,483 square foot lot, the...
Listing provided by: Sean Rosenzweig DRE #01406343 213-943-1897, Marcus & Millichap
Listing updated: May 27, 2026 at 07:03pm.
Last checked: Jun 15, 2026 at 10:00pm
Source: CRMLS #26828455
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $3,495 | $3,495 | $3,395 | Unfurnished |
| 1 | 1 | 1 | — | $2,395 | $2,395 | $2,495 | Unfurnished |
| 1 | 1 | 1 | — | $2,795 | $2,795 | $2,495 | Unfurnished |
| 1 | 1 | 1 | — | $1,619 | $1,619 | $2,495 | Unfurnished |
| 1 | 2 | 1 | — | $3,295 | $0 | $3,295 | Unfurnished |
| 1 | 1 | 1 | — | $2,495 | $2,495 | $2,495 | Unfurnished |
| 1 | 1 | 1 | — | $1,536 | $1,536 | $2,495 | Unfurnished |
| 1 | 1 | 1 | — | $3,079 | $3,079 | $2,495 | Unfurnished |
| 1 | 1 | 1 | — | $2,895 | $0 | $2,895 | Unfurnished |
| 1 | 2 | 1 | — | $3,675 | $3,675 | $3,675 | Unfurnished |
# of Buildings: 1
# of Units Total: 10
Financial Snapshot
Gross Rent Multiplier
11.5x
List Price / Annual Gross Rent
Cap Rate
6.06%
NOI / List Price
Net Operating Income: $227,120
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Covered
Parking Total: 13
Lot Information
Land Lease: No
Parcel #: 4282013018
Zoning: SMR3*
Community
HOA: No
Senior Community: No