CA > Santa Monica
Santa Monica, CA 90401,1511 12th ST
Santa Monica, CA 90401,1511 12th ST
Santa Monica, CA 90401,1511 12th ST
3
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$3,200,000
Est. payment /mo
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8 Beds
8 Baths
5,448 SqFt
Price Dropped by $300K

1511 12th ST Santa Monica, CA 90401

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Brian Winter

Brian Winter

+1(559) 737-2923

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,448 sqft

Price per Sqft $587

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). 12.5 x Gross; 5.9% Cap with existing rents; 11.1 x Gross and 6.9% Cap with rents at market. Value-Add: Plans are available to convert the garages to a 2BR/2BA ADU. Showing with a bonafide offer accompanied with proof of funds.

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

CRMLS – RECore
Listed by Hamid Soroudi Keller Williams Beverly Hills

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Brian Winter

Brian Winter

Agent | License ID: 0200992

+1(559) 737-2923

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1511 12th ST

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