Santa Monica, CA 90403,1015 3rd St
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$29,950,000
Est. payment /mo
54 Beds
54 Baths
38,781 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 38,781 sqft

Price per Sqft $772

MLS Listing ID 25605467

Bedrooms 54

Year Built 1954

Lot Size 0.775 Acres

Acres 0.4309

Property Sub-Type Multi-Family

Property Description

We are proud to present a generational opportunity to acquire two premier, extensively renovated apartment buildings in the coveted North of Wilshire neighborhood of Santa Monica: 1015 3rd Street and 1133 10th Street. Together, these assets total 46 units and offer investors the ability to establish a commanding rental presence in one of the most supply-constrained and high-barrier-to-entry markets in the country. 1015 3rd Street (25 units) and 1133 10th Street (21 units) have both undergone transformative renovations with no expense spared. Across both properties, the majority of units feature brand-new plumbing and electrical systems, split system air conditioning, fireplaces, in-unit washer/dryers, enhanced sound proofing on walls, floors, and ceilings, stainless steel appliances, new cabinetry, vanities, closets, and upgraded finishes throughout. The result is a portfolio of luxury residences designed to satisfy Santa Monica's most discerning tenant base. Situated just blocks from the Pacific Ocean, Montana Avenue's boutiques and cafes, and Santa Monica's renowned fine dining, shopping, and entertainment, the properties blend timeless courtyard-style architecture with state-of-the-art interiors, making them irreplaceable assets in one of Los Angeles' most sought after coastal enclaves.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR3*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window, Air Conditioning

Equipment Dishwasher, Intercom, Microwave, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Stackable W/D Hookup, Trash Compactor, Ice Maker

Exterior

Parking Features Assigned, Garage Is Attached, Gated

Garage Spaces 45.0

Building

Story 2

Level or Stories One, Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty

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Name

Phone*

Message

Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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