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$ 3,500,000
Est. payment /mo
New
1511 12th ST Santa Monica, CA 90401
8 Beds
8 Baths
5,448 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,448 sqft
Price per Sqft $642
MLS Listing ID 25586341
Bedrooms 8
HOA Y/N No
Year Built 1958
Lot Size 7,501 Sqft
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 C14 - Santa Monica
Zoning SMBCD*
Interior
Fireplace No
Exterior
Parking Features Carport
Total Parking Spaces 5
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4282032028
Special Listing Condition Standard
Listed by Hamid Soroudi Keller Williams Beverly Hills