1239 12TH Street

    Santa Monica, CA 90401
    • $4,800,000
    • STATUS: Closed
    • ON SITE: 627 days
    • ID#: 18363792
    Sold - 06/03/2019
    $4,800,000
    SOLD - 06/03/2019
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    12 units located just south of Wilshire in prime Santa Monica. Excellent unit mix of 1 and 2 bedroom units with private garages and 20% upside potential in rents. Delivered with four vacant units. Units have private balconies & patios, fireplaces, dishwashers, private hot water heaters and some with hardwood floors.

    Sold by Lulu Knowlton of Keller Williams Pac Palisades.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-08T00:25:16.32. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/85802209

    1239 12TH Street Santa Monica, CA 90401

    • Price: $5,099,000
    • Status: Closed
    • Updated: 53 min ago
    • ID#: 18363792
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1961
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    12 units located just south of Wilshire in prime Santa Monica. Excellent unit mix of 1 and 2 bedroom units with private garages and 20% upside potential in rents. Delivered with four vacant units. Units have private balconies & patios, fireplaces, dishwashers, private hot water heaters and some with hardwood floors.
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN No Gross Income 311004.00 Gross Multiplier 16.40 Gross Operating Income 301674.00 Insurance Expense 6366.00 Maintenance Expense 6381.00 Net Operating Income 201245.00 Operating Expense 3000.00 Other Expense 504.00 Professional Management Expense 9060.00 Senior Community YN No Special Listing Conditions Standard Water Sewer Expense 7462.00 Zoning Smr3*

    Listing provided courtesy of Kimberly Roberts Stepp of Kwsm


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-08T00:25:16.32. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

     
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