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Map
$5,036,000 - $6,154,000
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Multifamily -
Off Market
1311 EUCLID ST
SANTA MONICA, CA 90404
Studio
0 Bath
10384 Sqft
About This Property
1311 Euclid Street is a beautifully renovated 11-unit apartment
building in Prime Santa Monica, just south of Wilshire. Boasting an
incredible unit mix of large 3-bedrooms, mostly 2-bedrooms, and
1-bedroom units. Almost every unit has been extensively remodeled
with modern flooring and fixtures, waterfall quartz counter tops,
and beautiful accent wall designs and kitchen lighting. On top of
the building's clean condition, the price metrics the most
attractive of any multi-family property in Santa Monica: 13.84 GRM,
4.65% cap rate, $508,636/ unit, and $538.81/SF. There is still 20%
upside remaining in the rents. There is also an optional loan that
can be assumed: $2,660,000 at a fixed rate of 4.56% until 2025. The
loan is not due in full until 2048. The building is fully occupied,
so please do not disturb the tenants. For a detailed OM please
email the listing agents.
The manager has listed the unit size as 10384 square feet.
The manager has listed the unit size as 10384 square feet.
Unit Size
10,384Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$539
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1968
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 2, 2024 | No longer available | - | |
No longer available | |||
Dec 14, 2023 | Price Decreased |
$5,595,000
↓ $75K
(1.3%)
|
|
Price Decreased | |||
Apr 18, 2023 | Relisted | $5,670,000 | |
Relisted | |||
Apr 15, 2023 | No longer available | - | |
No longer available | |||
Feb 11, 2023 | Price Decreased |
$5,895,000
↓ $100K
(1.7%)
|
|
Price Decreased |
Show More
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/08/2021
|
|
Studio
|
-
|
-
|
$7,650,000
Studio
-
|
-
-
|
-
|
Chase Simonton
RE/MAX Real Estate
|
03/02/2020
|
|
Studio
|
-
|
10384 ft²
|
$6,550,000
Studio
-
10384 ft²
|
-
-
|
-
|
-
|
Building Info
1311 Euclid Street
1311 Euclid Street, Santa Monica, CA 90404
- 1 Unit for Sale