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18 Beds
24 Baths
14,334 sqft

$13,995,000

842 11th Street, Santa Monica CA, 90403

Price per sqft$976.35
Built in1990
Property size14,334 sqft
Property typeResidential
Listed by Ali Safavi CA DRE# 02112648 with Real Estate eBroker Inc. 310-694-2813

Overview

Active

Listed Oct 12, 2026

Updated 21 min ago

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.

$93,109/mo

Est. mortgage payment based on a $13,995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26101638

Interior Features

Bedrooms
18
Bathrooms
24
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Maintenance Expense
$24,500
55+/Senior Community
No
MLS provider logo

Listed by Ali Safavi CA DRE# 02112648 with Real Estate eBroker Inc. 310-694-2813

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/13/2026 at 4:10 AM UTC Last Checked: 4:10 AM UTC

 

 

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