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.
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Neighborhood & Market Insights
This property is 960.2% above the current neighborhood median.
The schools block is active and ready for district, ratings, and assigned-school provider data.
-18.5% modeled change across available points
- Principal and Interest
- Property Tax
- HOA fee
