NOT LISTED FOR SALE

1247 11th St Santa Monica, CA 90401

Mid-City Santa Monica Neighborhood
10 Beds
9 Baths
7,547 Sq Ft
7,478 Sq Ft Lot

Last Sold November 26, 2018

Last sale price $3,700,000 $490 Per Sq Ft

79 Days on Market

Highlights

  • Spa
  • Spa Bath
  • Laundry Facilities
  • Roosevelt Elementary School Rated A+
  • Ceiling Fan

About This Home

As of November 2018

A great well maintained 9 unit building less than a block South of Wilshire. Most units have updated kitchens and baths. Lower units have really big patios. Most upper units have balcony's. Plenty of parking and easy maintained landscaping. Short distance to grocery stores, Starbucks on the corner, plenty of restaurants. Easy access to all public transportation and the beach. Close to Santa Monica medical facilities. 8 one bedrooms with 1 bath and one 2 bedroom 1 bath. Rents are effective 9/1/2018. Unit 7, 1 bedroom vacant and rent is estimated. Parking 5 spaces in rear as well as 6 tandem in front of the building. PRICE REDUCED OVER $200K.

Last Agent to Sell the Property

Shirley Bly

Bulldog Realtors, Inc. License #00812244 Listed on: 07/10/2018

Last Buyer's Agent

Shirley Bly

Bulldog Realtors, Inc. License #00812244 Listed on: 07/10/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,478 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Flat Roof Shape
  • Composition Roof
  • Stucco

Interior Spaces

  • 7,547 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms
  • Spa Bath

Parking

  • 11 Parking Spaces
  • 11 Carport Spaces
  • Assigned Parking

Pool

  • Spa

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 9 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4282-006-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Wilshire Patios
  • Living Area: 7547
  • Lot Dimensions: 50x150
  • Probate: No
  • Stories: 2
  • Year Built: 1955
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 2
  • Number Dishwasher: 9
  • Number Disposal: 9
  • Number Range: 9
  • Number Refrigerator: 9
  • Bedrooms: 10
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 9.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Refrigerator
  • Price Per S Q F T: 529.88

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Number Patio: 8
  • Pool: No
  • Roof: Composition, Flat
  • Spa: Bath Tub
  • Spa Yn: Yes

Garage/Parking

  • Carport Spaces: 11
  • Parking Garage: Assigned
  • Total Parking: 11

Utilities

  • Water Heater: Gas
  • Electric Expense: 540.00
  • Heating: Wall
  • Number Electric Meters: 9
  • Number Gas Meters: 9
  • Water Expense: 6000.00
  • Water Heaters: Yes

Fee Information

  • Gas Expense: 360.00
  • Insurance Expense: 3156.00

Lot Info

  • Assessed Improvement Value: 852739
  • Assessed Land Value: 1321146
  • Assessor Parcel Number: 4282-006-017
  • Geocode Override: Yes
  • Lot Size Area: 7478

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
  • Gross Rent Multiplier: 16.60
  • Gross Scheduled Income: 239820.00
  • Number Of Units: 9
  • Rent Control: 9
  • Total Annual Expense: 57268
  • Type Of Units: Income
  • Vacancy Rate: 8%

Tax Info

  • Tax Expense: 44000.00

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $3,700,000 -7.5% $490 / Sq Ft
09/03/2018 09/03/18 Price Changed $3,999,000 -4.8% $530 / Sq Ft
07/10/2018 07/10/18 For Sale $4,200,000 -- $557 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Shirley Bly

    Bulldog Realtors, Inc.

See All Agents

Map

Source: The MLS

MLS Number: 18-362364

The MLS
California Los Angeles County Santa Monica 90401 Mid-City Santa Monica

1247 11th St, Santa Monica, CA

This home is located at 1247 11th St, Santa Monica, CA 90401 since 10 July 2018. This property was built in 1955. 1247 11th St is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

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