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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$3,500,000
Est. payment /mo
8 Beds
8 Baths
5,448 SqFt
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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 $642

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). 13.7 x Gross; 5.3% Cap with existing rents; 12.1 x Gross and 6.2% Cap with rents at market. Value-Add: Plans are available to convert the garages to a 2BR/2BA ADU.

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


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TheMLS (CLAW)
Listed by Keller Williams Beverly Hills

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Name

Phone*

Message

Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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