We are proud to present 1311 Euclid Street, a 11 unit multifamily property in Santa Monica, CA. Built in 1968, this 10,384 square foot property sits on a 0.17 acre lot and it boasts a strong unit mix of three 1 bed/1 bath, two 2 bed/1 bath, two 2 bed/2 bath, and three 3 bed/2 bath units. The subject property resides less than one and a half miles from the beaches of Santa Monica and hubs for shopping, entertainment, restaurants, and nightlife for beach city locals. The property offers ample carport parking at the rear alley and side of the building. To enhance the quality of living for residents, the property features a smoke-free environment, security systems, cable ready, storage spaces, laundry facilities, stainless steel appliances, controlled access, walk-in closets, patios and balconies. The property is also being offered with an attractive assumable loan with a $2,550,000 remaining balance at a 4.56% interest rate fixed through 2027. This offers lower overall costs to a buyer in our current higher-rate environment. The City of Santa Monica has undergone a remarkable transformation in recent years, emerging as a thriving hub for technology companies and attracting a wave of young, skilled professionals seeking dynamic job opportunities. With its vibrant ecosystem of startups, established tech giants, and a supportive community, Santa Monica has become a magnet for innovation, driving economic growth and reshaping the city's landscape.One of the driving forces behind Santa Monica's tech boom is its strategic location within the broader tech-rich region of Silicon Beach. This proximity to renowned institutions like the University of California, Los Angeles (UCLA) and a host of venture capital firms has created an environment ripe for collaboration and investment. Tech companies of all sizes, from nimble startups to industry titans, have recognized the advantages of setting up shop in Santa Monica, leading to the establishment of a diverse and dynamic tech scene that will help sustain the city's continued growth.
This property is $3.6M more than the Median Sold Price and $575/SqFt less than other homes in Santa Monica, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24383995
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Filip Niculete
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/5/2024, 2:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 23, 2018
Feb 23, 2018Home Sold
$5,260,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$66,262
$5,529,198
2020
$65,183
$5,472,504
2019
$13,150
$5,365,200
2018
$13,042
$1,002,948
2017
$13,042
$983,284
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
McKinley Elementary School
2401 Santa Monica Blvd
Distance between this listing and this school0.82 miles
Public District Grades KG-5
Middle School
9
/10
Lincoln Middle School
1501 California Ave
Distance between this listing and this school0.34 miles
Public District Grades 6-8
High School
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school0.92 miles
Public District Grades 9-12
Assigned Schools
7
/10
McKinley Elementary School
2401 Santa Monica Blvd
Distance between this listing and this school0.82 miles
Public District Grades KG-5
Nearby Schools
8
/10
Roosevelt Elementary School
801 Montana Ave
Distance between this listing and this school0.79 miles
Public District Grades KG-5
9
/10
Franklin Elementary School
2400 Montana Ave
Distance between this listing and this school1.04 miles
Public District Grades KG-5
Assigned Schools
9
/10
Lincoln Middle School
1501 California Ave
Distance between this listing and this school0.34 miles
Public District Grades 6-8
Nearby Schools
7
/10
John Adams Middle School
2425 16th St
Distance between this listing and this school1.29 miles
Public District Grades 6-8
8
/10
Paul Revere Middle School
1450 Allenford Ave
Distance between this listing and this school2.15 miles
Public Charter Grades 6-8
Assigned Schools
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school0.92 miles
Public District Grades 9-12
Nearby Schools
8
/10
New West Charter
1905 Armacost Ave
Distance between this listing and this school2.00 miles
Public Charter Grades 6-10
5
/10
University Senior High School
11800 Texas Ave
Distance between this listing and this school2.17 miles
The neighbors living near this home have an average income of $47,370. Typical income of Santa Monica, CA residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1311 Euclid St
What is the listing price of this property?
The listing price of 1311 Euclid St property is $5,450,000.
What type of property is this?
The property 1311 Euclid St is a house located in Santa Monica, California, 90404.
Is this property for sale now?
Active Listing: 1311 Euclid St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1311 Euclid St are: McKinley Elementary School: GreatSchools Rating 7/10Lincoln Middle School: GreatSchools Rating 9/10Santa Monica High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $66,262 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 23, 2018 for $5,260,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1311 Euclid St has 22 bedrooms and 17 bathrooms.
What is the square footage of this property?
The property 1311 Euclid St is 10,384 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1311 Euclid St is 1968.
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This home is located at 1311 Euclid St in Santa Monica, CA and zip code 90404 in the Mid-City neighborhood. This 10,384 square foot home, which was built in 1968, sits on a 0.17 acre lot. Features: 22 bedrooms, 17 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $5,450,000.
In April 2024 more than 22 listings in Santa Monica, CA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 21 were sold below. In April 2024 in Santa Monica, CA there were 24.5% more homes for sale than in March 2024. While the average time on the market in April 2024 was 29 days, the median list price was $1,789,833.
From Rocket Homes Real Estate and based on county public records data.