1511 12th Street

Santa Monica , CA 90401

MLS#: 25586341

$3,500,000

Status: Active
Listing number: 25586341
Listing provided by: Keller Williams Beverly Hills
Listing agent phone: None
Last update: 6 days ago
On site: 14 days ago
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Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1958

Sq.Footage

5,448

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.

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Carport

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1722

  • Property Type

    Residential Income

Price

  • Sales Price

    $3,500,000

  • Sq. Footage

    5, 448

  • Price/SqFt

    $642

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Location

County

Los Angeles

Elementary School

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High School

Listing Courtesy of Hamid Soroudi , Keller Williams Beverly Hills

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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.

1511 12th Street

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