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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Divine Fog Realty San Diego

Divine Fog Realty San Diego

$ 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

Exceptional investment opportunity featuring two separate parcels: a duplex and a fourplex, each with its own APN. Property Highlights: Unit Income: Townhouse 1: Recently leased for $4,959.50. Townhouse 2: Recently leased for $5,109. Impressive Income Potential: 5.26% Cap Rate and a 12.84 GRM. Property Details: Front Duplex: Two spacious 2-bed, 2-bath townhouses (1,600 SF each). Features include in-unit laundry, fireplaces, and private patios. Rear Fourplex: Four updated 1-bed, 1-bath units (two at 500 SF and two at 625 SF). Highlights include hardwood floors, separate bedrooms and kitchens, plus in-unit washers and dryers. Parking & Potential: Four garages and one carport, offering additional rental income potential. Seller has ADU conversion plans underway.Additional Features: Gated property with ample street parking for added convenience and security. Located on two separate APNs: 4282-032-027 and 4282-032-028. Opportunity Awaits, don't miss this rare offering that combines location, functionality, and income potential. Drive by to view the property, but please respect tenant privacy.*** One vacant 1+1 unit, perfect opportunity for an owner occupier***Copper Plumbing | Updated Electrical | Individually metered***Washer / Dryers in each Unit / Gated Security / Courtyard, Garages and abundant street parking***Front/Rear Property-2 Parcels/Properties offered together***Plans for a 750 SF (2+2) ADU***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

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
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1511 12th ST #1&2,ABCD