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.
Property Details
Price:
$13,995,000
MLS #:
26101638
Status:
Active
Beds:
18
Baths:
24
Type:
Single Family
Neighborhood:
c14santamonica
Listed Date:
Oct 12, 2026
Finished Sq Ft:
14,334
Total Sq Ft:
14,334
Lot Size:
7,501 sqft / 0.17 acres (approx)
Year Built:
1990
See this Listing
Schools
Interior
Appliances
DW, GD, MW, RF, VEF
Cooling
CA
Heating
CF
Laundry Features
CM, STK, DINC, WINC
Levels
S
Exterior
Parking Spots
18
Parking Total
18
Security Features
SD, COD, CRD, FSDS
Financial
Maintenance Fee
$24,500
Map
Community
- Address842 11th ST Santa Monica CA
- CitySanta Monica
- CountyLos Angeles
- Zip Code90403
Market Summary
Current real estate data for Single Family in Santa Monica as of Oct 14, 2026
490
Single Family Listed
81
Avg DOM
559
Avg $ / SqFt
$2,177,279
Avg List Price
Property Summary
- 842 11th ST Santa Monica CA is a Single Family for sale in Santa Monica, CA, 90403. It is listed for $13,995,000 and features 18 beds, 24 baths, and has approximately 14,334 square feet of living space, and was originally constructed in 1990. The current price per square foot is $976. The average price per square foot for Single Family listings in Santa Monica is $559. The average listing price for Single Family in Santa Monica is $2,177,279.
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