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842 11th Street, Santa Monica, CA 90403

$13,995,000 Approx. USD 18 beds, 24 baths
14,334 sqft

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Ali Safavi | 5209inc@gmail.com
Lic#: 02112648
Broker: Courtesy of Real Estate eBroker Inc.
Phone: 310-694-2813

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26101638

Price: $13,995,000

Beds: 18

Baths: 24

Built in 1990

14,334 sqft

0.17 acres

Lot size: 0.1722

County: Los Angeles

Zoning: SMR2*

Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Vented Exhaust Fan,Dryer,Washer

Parking description: Gated,Private

Heating/cooling: Central Air

Heating description: Central

MLS area: C14 - Santa Monica

Last Updated: 10/20/2026

Days On Market (DOM): 22

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This listing belongs to the C14 - Santa Monica MLS area

Lat/Long: 34.028757, -118.497217.
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