852 11th St
Santa Monica, CA, 90403
$3,999,999
MLS: 26710349
Beds
3
Baths
2
Sq Ft
1,850
Lot
0.17 ac
Year Built
—
MLS #
26710349
Days on Market
8
Listed
Apr 13, 2026
Description
Rare opportunity on one of Santa Monica's most coveted streets just steps from Montana Avenue. Properties like this rarely come to market. This unique compound offers a 3-bedroom, 2-bath front house delivered vacant, paired with four income-producing units in the rear (two studios and two one-bedrooms) currently generating over $11,000/month in rental income. Whether you're an owner-user looking to live in a prime location while offsetting your mortgage, or an investor seeking strong in-place income with immediate upside, this property checks every box. The vacant front house alone offers significant rental potential, creating a clear path to materially higher income. Surrounded by mature landscaping and tucked behind a private setting, the property delivers both tranquility and walkable access to Montana Avenue's top-tier dining, shopping, and lifestyle amenities. Opportunities like this - location, vacancy, and income - are extremely limited and highly coveted.
Location
Santa Monica, Los Angeles County, CA 90403
Open on Google Maps ↗Listed by: Ali Safavi · Real Estate eBroker Inc.
Payment estimate
$28,086
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $400,000 · Loan: $3,599,999
- Principal & Interest
- $22,119
- Property tax (1.25%)
- $4,167
- Homeowners insurance
- $300
- Mortgage insurance
- $1,500
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $140,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Santa Monica, CA 90403 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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