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1311 Euclid Street

1311 Euclid Street, Santa Monica, CA 90404
Multifamily in Mid-City
1 Units For Sale
Unit for sale at 1311 EUCLID ST, SANTA MONICA, CA 90404

$5,670,000 ↓ $225K

  • 17 Beds
1311 EUCLID ST, SANTA MONICA, CA 90404 Listing by Chase Simonton

1311 Euclid Street has been categorized by the local assessors in Santa Monica, CA as a residential type of property. The building on the property was first built in 1968 and is 56 years old. The home has a total of 17 bedrooms. Residents will have access to 17 full bathrooms. There are 17 partial bathrooms in the home. In addition, 1311 Euclid Street has 10,384 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,492 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1311 Euclid Street was last sold in Feb 7, 2018 for $5,260,000. According to our calculations, that's $506.55 per sqft. Current property owners are expected to pay $67,897 in taxes per year. The property on 1311 Euclid Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $5,752,576. To break that down further, the land itself was valued at $4,658,931. While improvements to the property were assessed at a total of $1,093,645. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

Building Features

Parking

Covered Parking
Gated Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210208
02/08/2021
Studio
-
-
$7,650,000
bedrooms
Studio
bathrooms
-
-
-
-
Chase Simonton
RE/MAX Real Estate
20200302
03/02/2020
Studio
-
10384 ft²
$6,550,000
bedrooms
Studio
bathrooms
-
square feet
10384 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 17
  • Bathroom Count: 17
  • Full Bathrooms: 17
  • Partial Bathrooms: 17
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 11
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,492
  • Total Building Area: 10,384
  • Gross Building Area: 10,384
  • Building Area: 10,384
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 10,384
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN OF SANTA MONICA
  • Land Acres: 0.172
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: SANTA MON1CA LOT/SEC V BLK/DIV/TWN 136

Ownership

  • Current Owner : SEK PROPERTY INVESTMENTS
  • Previous Owner : 1311 EUCLID LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 701502

Zoning

  • Zoning: SMR3*

Geography

  • Assessors Map Reference: 41-A6
  • Parcel: 4282-015-023
  • Block: 136
  • Lot: V
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0246
  • Longitude: -118.488

    Address

  • Full Address: 1311 Euclid St
  • Address - House Number: 1311
  • Address - Street Name: Euclid
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C027
  • 4-Digit Zip Code: 1735
  • Zip Code: 90404

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $67,897
  • Tax Rate Code Area: 08-004

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,900,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 11, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $2,900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,752,576
  • Assessed Land Value: $4,658,931
  • Assessed Improvements Value: $1,093,645

    Sales

  • Current Sale Contract Date: Feb 07, 2018
  • Current Sale Recording Date: Feb 23, 2018
  • Current Sale Transaction ID: 11419624068
  • Current Sale Price: $5,260,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0180366

About Mid-City



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Frequently Asked Questions

What neighborhood is 1311 Euclid Street located in?
The 1311 Euclid Street is a multifamily located in the neighborhood of Mid-City in Mid-City, Santa Monica.
How many listings are currently for sale in 1311 Euclid Street?
There is one unit for sale right now.
What is the average sales price for listings in 1311 Euclid Street?
The average sales price for units in 1311 Euclid Street is $5,670,000 currently.

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