Santa Monica, CA 90401,1511 12th St
Santa Monica, CA 90401,1511 12th St
Santa Monica, CA 90401,1511 12th St
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$ 3,200,000
Est. payment | /mo

8 Beds

8 Baths

5,448 SqFt


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$ 3,200,000
Est. payment | /mo
Save

8 Beds

8 Baths

5,448 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,448 sqft

Price per Sqft $587

MLS Listing ID 25586341

Bedrooms 8

Year Built 1958

Lot Size 7,500 Sqft

Acres 0.086

Property Sub-Type Multi-Family

Property Description

Two separate adjacent parcels (Parcel #4282-032-027 & 4282-032-028) consist of a duplex and fourplex, total 6-units. Buyer may be able to obtain two loans as high as 80% of price. Completely renovated, copper plumbing, updated electrical, fire places, hardwood floors, washers & dryers in all units, tiled kitchen and bathrooms. Prime Santa Monica, close to shops and restaurants on 3rd St promenade. The front lot consists of a duplex (2-2BR/2BA townhomes. 1,600 S.F. each are suitable for owner to occupy), the rear lot consists of a fourplex (4-1BR, 1BA units). 12.5 x Gross; 5.9% Cap with existing rents; 11.1 x Gross and 6.9% Cap with rents at market. Value-Add: Plans are available to convert the garages to a 2BR/2BA ADU. Showing with a bonafide offer accompanied with proof of funds.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMBCD*

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Carport

Garage Spaces 5.0

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Keller Williams Beverly Hills

GET MORE INFORMATION

Name

Phone*

Message

Kenny Bellini

+1(310) 749-9092

kenny@kennybellini.com

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1511 12th St

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