2620 11th St
Santa Monica, CA 90405

Bd   — Ba   8,084 Sqft    5 Days
Charming Spanish Style Courtyard Building in PRIME OCEAN PARK. 2 Buildings with private patio areas tucked away behind tall hedges. First time on the market in 40 years. SELLERS WILL CONSIDER CARRYING 1ST TD AND NOTE WITH 50% DOWN, 5% INTEREST ONLY OR MORE PER MONTH FOR 8-10 YEARS. 16 (1+1) units, 11 garages, 5 parking spaces, and 5 storage lockers - all rented. (Rent for parking spaces and storage lockers could be higher because one locker and one parking space is currently being used by the owner and on-site manager. Only a few historically low rents. Tremendous potential for income growth! Buyer to cooperate with Sellers' 1031 tax deferred exchange. Unit Type: "Unit 4" actual and scheduled rental income of $450 / $550 includes 5 storage lockers and laundry room income.
  • $0 HOA
  • $705/Sqft
  • MLS#17261372 provided by Gwen Tanguay of Redwood Realty
  • Movoto last checked CRMLS for new data 7 hours ago
  • CRMLS last updated this listing 4 days ago

Home Features for 2620 11th Street , Santa Monica

Year Built: 1947
Lot Size Acres: 0.39
Lot Size Square Feet: 17072
Lot Size Units: Square Feet
Lot Size Area: 17072
Price Per Square Foot: 705.1
Parcel Number: 4285001023
Special Listing Conditions: Standard
Standard Status: Active
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Property History for 2620 11th Street, Santa Monica

Aug 15, 2017
Oct 10, 2016

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Real Estate Market Statistics for 2620 11th Street, Santa Monica


2620 11th Street

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Santa Monica

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As of today, there are 17 properties listed for sale in ZIP code 90405 and 114 properties listed for sale in the city of Santa Monica, CA. This property at 2620 11th St in 90405 is currently listed for $5,700,000. This is 135% above the $2,424,500 median price for Santa Monica and 185% above the 90405 median of $1,999,000. Of the 114 properties for sale in Santa Monica, 46 are single family homes and 68 are condos. 2620 11th St is a multi family home that is approximately 8,084 Sqft, 362% above the Santa Monica median of 1,751 and 391% above the 90405 ZIP code median of 1,647. The price per Sqft is $705, which is 30% below the median price in 90405 of $1,013 and 40% below the Santa Monica median of $1,173 per Sqft.
Built in 1947, this multi family house at 2620 11th St is approximately 8,084 square feet and does not come with a parking spot. It is listed on 08/15/2017 with a cost per Sqft of $705. 2620 11th St is located in the Sunset Park neighborhood in the Santa Monica-Malibu Unified School District. The closest school is Will Rogers Elementary School.

2620 11th St has been on the market for 5 days. The median days on the market for properties in this area is 41 with a median list price of $2,424,500 and median cost per square foot of $1,173. It's currently listed as active under the MLS #17261372.

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