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Millman Team Real Estate

$13,995,000
18 Bed
24 Bath
14,334 Sqft
0.17 Acre Lot

842 11th Street, Santa Monica, California 90403

  • Residential Income Property Type
  • 14,334 Sqft Square Footage
  • Gated Cars Garage
  • 1990 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
26101638
$13,995,000
18
24
14,334 Sqft
1990
0.17 Acre
Active
Features
: Central
: Central Air
: Gated, Private
: Stacked, Common Area
$0
Appliances
: Dishwasher, Microwave, Dryer, Washer, Disposal, Refrigerator, Vented Exhaust Fan
Address Map
CA
Los Angeles
Santa Monica
90403
11th
842
Street
W119° 30' 10''
N34° 1' 43.5''
1/2 block south of Montana on 11th st
C14 - Santa Monica
SMR2*
Additional Information
$0
$0
$0
$0
$0
14334
: Multi/Split
9
2026-10-12
Broker/Agent Information
Real Estate eBroker Inc.
Ali Safavi
Listing Information
CLW-C135464
CLW-X77554
Active
2026-10-20T07:15:11Z
CRMLS
: Standard
2026-10-12T00:00:00Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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