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Closed
- Listed price
- $2,995,000
- Listed Apr 1, 2019
- Sold price
- $2,925,000
- Sold May 7, 2019
4,996 sqft lot|1962 Built|17 MLS days on market
1111 CALIFORNIA Ave, Santa Monica, CA 90403
Property Description
CALL FOR OFFERS*DEADLINE 4/16 @2:00pm. Located among the "Rare Air" of Northwest Santa Monica, we are proud to present: 1111 California Ave, an incredible 5-unit investment opportunity! The property is comprised of two (2) spacious 2 bedroom, 2 bathroom units, and three (3) 1 bedroom, 1 bathroom units. The building also features a common laundry room, 4 single car garages, and 3 additional off-street parking spaces (7 parking in total). The best part; there is no soft-story seismic retrofit required for this property per Santa Monica City! A rare find for a savvy investor to add this low-maintenance investment to their real estate portfolio. The property will be delivered with 3 out of 5 units vacant for a perfect Owner/User opportunity to live in one of the units while allowing the tenants to help pay the mortgage! With a low GRM of 16.24 & strong starting cap of 4.11% and with some of the best public and private schools in all of Los Angeles County, this gem will not last long!
Listing agent: Don FaviaDRE #01841258dfavia@realtyinvadvisors.com, Listing office: Realty Investment Advisors, In
MLS data updated 11/4/2026, 4:44:47 AM PT
Source: CRMLSMLS #: 19449908
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,925,000
May 7, 2019
Available records22019
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90403 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90403 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.