1511 12TH Street

    Santa Monica, CA 90401
    • $1,995,000
    • STATUS: Active
    • ON SITE: 124 days
    • ID#: 19456406
    UPDATED: 25 min ago
    $1,995,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,400
      SQFT
    • $831
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    If sold with front property at same address - total price $3,800,000. Amazing location, walking distance from bars, restaurants, shopping, gyms, yoga, the beach - everything Downtown Santa Monica has to offer.This beautiful and unique property has so many great features to add to it's great curb appeal on a beautiful street and abundant parking.This rear parcel (separate APN) accessible via the front with walkway, has 4 one bedroom/one bath units, 2 on the ground floor, and two above the garages. There is a central community courtyard and access from the street and alley. These units are large, approximately 600 SF each, with hardwood floors, exposed brick, fireplaces, dining nooks, updated kitchens (with tile counter-tops). This parcel property has separate electrical and gas meters. Zoning is SMBCD considered MUBL.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-20T00:37:44.663. 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/93813057

    1511 12TH Street Santa Monica, CA 90401

    • Price: $1,995,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 19456406
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    2,400
    SQFT
    $831
    $/SQFT
    1958
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    If sold with front property at same address - total price $3,800,000. Amazing location, walking distance from bars, restaurants, shopping, gyms, yoga, the beach - everything Downtown Santa Monica has to offer.This beautiful and unique property has so many great features to add to it's great curb appeal on a beautiful street and abundant parking.This rear parcel (separate APN) accessible via the front with walkway, has 4 one bedroom/one bath units, 2 on the ground floor, and two above the garages. There is a central community courtyard and access from the street and alley. These units are large, approximately 600 SF each, with hardwood floors, exposed brick, fireplaces, dining nooks, updated kitchens (with tile counter-tops). This parcel property has separate electrical and gas meters. Zoning is SMBCD considered MUBL.
    Exterior Features

    Lot Size Units Square Feet Parking Features Attached CarportGarage - Single Door Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 3.80 Gross Multiplier 18.63 Gross Operating Income 107041.00 Improvements Amount 30466 Land Value 167599 Laundry YN Yes Net Operating Income 75674.00 Special Listing Conditions Standard Total Expenses 31367.00 Zoning Smbcd*

    Listing provided courtesy of Peter Ciriello of La Commercial


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-20T00:37:44.663. 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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