CA > Santa Monica
Santa Monica, CA 90401,1511 12th ST #1&2,ABCD
Santa Monica, CA 90401,1511 12th ST #1&2,ABCD
Santa Monica, CA 90401,1511 12th ST #1&2,ABCD
Santa Monica, CA 90401,1511 12th ST #1&2,ABCD
Santa Monica, CA 90401,1511 12th ST #1&2,ABCD
Santa Monica, CA 90401,1511 12th ST #1&2,ABCD
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Louis DiGonzini

Louis DiGonzini

+1(949) 922-8420
$ 3,595,000
Est. payment | /mo

8 Beds

8 Baths

5,443 SqFt

Save
$ 3,595,000
Est. payment | /mo
Save

8 Beds

8 Baths

5,443 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,443 sqft

Price per Sqft $660

MLS Listing ID 24385721

Bedrooms 8

HOA Y/N No

Year Built 1960

Lot Size 7,501 Sqft

Property Description

**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***

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMBCD*

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Garage Carport, Garage

Garage Spaces 4.0

Carport Spaces 1

Garage Description 4.0

Community Features Gated

Parking Type Carport, Garage

Total Parking Spaces 5

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4282032027

Security Features Gated Community

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Peter Ciriello • LA Commercial
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 922-8420

ldigonzini@thedigonzinigroup.com

260 Bakerstreet East Suite #200, Costa Mesa, California, 92626, USA

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1511 12th ST #1&2,ABCD