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Scott Goshorn

[email protected] +1(323) 251-5479

$ 3,595,000

Est. payment -/mo

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Active

1511 12th St #1&2, ABCD Santa Monica, CA 90401

8 Beds

8 Baths

5,443 SqFt

UPDATED:

07/26/2024 05:23 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,443 sqft

Price per Sqft $660

MLS Listing ID 24-385721

Bedrooms 8

Year Built 1960

Lot Size 7,499 Sqft

Acres 0.0861

Property Description

**Perfect Owner/Occupy Opportunity in Prime Santa Monica location** Unit A was Recently leased for $2,850 and Unit B for $2,695. This showcases the income potential of this property. Unit 2 in the duplex is vacant, ideal for an owner-occupier. The seller is flexible and may offer up to 80% LTV financing to facilitate a deal for the right Buyer. 5.48% Cap rate when fully occupied and a 13.41 GRM, this property is attractively priced. Sold together on two separate parcels, the front duplex features two 2-bed, 2-bath townhouses, each 1,600 SF, with in-unit laundry, fireplaces, and private patios. The rear fourplex comprises four updated 1-bed, 1-bath units, two at 500 SF and two at 625 SF, all with hardwood floors, separate bedrooms and kitchens, and in-unit washers and dryers. Parking includes four garages and one carport, previously rented separately for extra income, currently vacant with plans for an ADU conversion underway. Ample street parking and a locked gate ensure convenience and security. Drive by to view, please respect tenant privacy. Don't miss out on this opportunity, encompassing APNs 4282-032-027 and 028! ***PLEASE CONTACT US FOR AN OM***

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMBCD*

Rooms

Other Rooms Other

Interior

Heating Forced Air

Cooling None

Equipment Other

Exterior

Garage Carport, Garage

Garage Spaces 5.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by LA Commercial

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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Beverly Hills, CA

Scott Goshorn

1511 12th St #1&2, ABCD Santa Monica, CA 90401

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1511 12th St #1&2,ABCD