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$3,595,000
34 Days Online

1511 12th Street #1&2,ABCD
Santa Monica, CA 90401

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Peter Ciriello of LA Commercial

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1511 12th Street1511 12th Street1511 12th Street1511 12th Street
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**Perfect Owner/Occupy Opportunity in Prime Santa Monica location** Unit A was Recently leased for $2,850 and Unit B for $2,695. This showcases the income potential of this property. Unit 2 in the duplex is vacant, ideal for an owner-occupier. The seller is flexible and may offer up to 80% LTV financing to facilitate a deal for the right Buyer. 5.48% Cap rate when fully occupied and a 13.41 GRM, this property is attractively priced. Sold together on two separate parcels, the front duplex features two 2-bed, 2-bath townhouses, each 1,600 SF, with in-unit laundry, fireplaces, and private patios. The rear fourplex comprises four updated 1-bed, 1-bath units, two at 500 SF and two at 625 SF, all with hardwood floors, separate bedrooms and kitchens, and in-unit washers and dryers. Parking includes four garages and one carport, previously rented separately for extra income, currently vacant with plans for an ADU conversion underway. Ample street parking and a locked gate ensure convenience and security. Drive by to view, please respect tenant privacy. Don't miss out on this opportunity, encompassing APNs 4282-032-027 and 028! ***PLEASE CONTACT US FOR AN OM***

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Listing Snapshot
Price 
$3,595,000
Days Online 
34 Days
Bedrooms 
8
Inside Area (SqFt) 
5,443 sqft
Total Baths 
8
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1960
MLS® Number 
24385721
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
a month agoListing first seen online
General Features
Parking 
CarportGarage
Parking Spaces 
5
Number of Stories 
2
Acreage 
0.1722
Security 
Gated Community
Garage Spaces 
4
Zoning 
SMBCD*
Listing Conditions 
Standard
Interior Features
Cooling 
None
Heating 
Forced Air
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Community Features
Community Features 
Gated
Senior Community 
No
MLS Area 
C14 - Santa Monica
Security Features 
Gated Community


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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