Property Detail
Description
Large 11 unit building in Santa Monica offered at 12.9 GRM and cap rate of approximately 5.1%. 9,485 square ft. building. Priced at $314 per foot. Excellent unit mix of 3 two-bedroom one bathroom and 8 one-bedroom one bathroom and 1 studio apartment, 8 onsite parking. Landlord will deliver 2 one car garages vacant. Well maintained building in the heart of Santa Monica. New roof, soft story retrofit completed. Located across the street from the Broad Stage on 11th. All units are occupied. Please do not walk on property or disturb tenants. Inside with acceptable offer. Rent roll and OM are attached under docs. Expenses are estimated at 35% including new property tax, excluding management expense. All units have private patio or balcony.
Map Location
Listing provided courtesy of David Putnam of Berkshire Hathaway HomeServices California Properties. Last updated 2026-09-18 08:10:57.000000. Listing information © 2025 CRMLS.
San Diego Office:
6904 Federal Blvd.
Lemon Grove, CA 91945
(619) 825-9560
Temecula/Murrieta Office:
29910 Murrieta Hot Springs Rd. Ste E
Murrieta, CA 92563
(951) 677-0083
CA DRE# 1271639
Corporate DRE #02215045
NMLS Individual #326258
NMLS Corporate #2524339
Destiny Six Financial
Destiny Six Financial is a family-owned and operated, real estate and mortgage company. We have been serving Southern California for over 20+ years. At Destiny Six Financial, we strive to treat every client with the respect and personal service that you deserve. We understand the big commitment you are making in buying or selling a home, refinancing a mortgage, or cashing out your home equity, and we are here to make that journey an easy process for you.
Call us today at one of our convenient locations:
San Diego Office: 619.825.9560
Temecula/Murrieta Office: 951.677.0083
San Diego: 6904 Federal blvd. Lemon Grove ca. 91945
Temecula: 29910 Murrieta Hot Springs Rd. Ste E. Murrieta ca 92563
CA DRE# 1271639
Corporate DRE #02215045
NMLS Individual #326258
NMLS Corporate #2524339
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