Skip To Content

    1311 Euclid St

    Santa Monica, CA 90404
    • $7,650,000
    • STATUS: Active
    • ON SITE: 224 days
    • MLS #: 21-689880
    UPDATED: 125 min ago
    $7,650,000
    • 17
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,384
      SQFT
    • $737
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:
    Area:

    School Ratings & Info

    Description

    1311 Euclid Street is part of "The Queens Necklace Portfolio," a 3-building, class-A asset group of apartment buildings located in Malibu and Santa Monica. 1311 Euclid Street offers a new investor a clean, 11-unit apartment building in a prime location of Santa Monica, just south of Wilshire. These 11 units boast an incredible unit mix of 3-bedrooms, mostly 2-bedrooms, and 1-bedroom units. The units have been remodeled to the nines with modern flooring and fixtures, waterfall quartz counter tops, and beautiful accent wall designs and kitchen lighting. The building has gated and secured entry and parking. It's fully occupied, so no showings without an accepted offer. Please do not disturb the tenants.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-20T23:42:31.727. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/114037718
    Print Image

    1311 Euclid St Santa Monica, CA 90404

    • Price: $7,650,000
    • Status: Active
    • Updated: 125 min ago
    • MLS #: 21-689880
    17
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    10,384
    SQFT
    $737
    $/SQFT
    1968
    Built
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    1311 Euclid Street is part of "The Queens Necklace Portfolio," a 3-building, class-A asset group of apartment buildings located in Malibu and Santa Monica. 1311 Euclid Street offers a new investor a clean, 11-unit apartment building in a prime location of Santa Monica, just south of Wilshire. These 11 units boast an incredible unit mix of 3-bedrooms, mostly 2-bedrooms, and 1-bedroom units. The units have been remodeled to the nines with modern flooring and fixtures, waterfall quartz counter tops, and beautiful accent wall designs and kitchen lighting. The building has gated and secured entry and parking. It's fully occupied, so no showings without an accepted offer. Please do not disturb the tenants.
    Exterior Features

    Lot Size Area 7492 Other Structures None Parking Garage Gated Pool Description None Pool YN No Total Parking 11

    Interior Features

    Baths Total 17.00 Cooling Window Unit(S) Equipment WasherDryer Heating Wall Gas Laundry Equipment Own

    Property Features

    Assessed Total Value 983284 Gross Income 378276 Gross Operating Income 378276 Like Units1 3 Like Units2 2 Like Units3 3 Like Units4 3 Net Operating Income 221457.00 Number Of Buildings 1 Number Of Units 11 Owner Pays Water Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 145471 Type Of Units 2+23+2 Year Built Source Vendor Enhanced Zoning Smr3*

    Listing provided courtesy of Chase Simonton DRE#01766871 of Re/Max One.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-20T23:42:31.727. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    Logo
    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260