1511 12th St Apt: 1&2,ABCD
SANTA MONICA, CA 90401

Property

Ownership: For Sale
Bedrooms: 8 BR
Bathrooms: 8
Area: 7499 sq ft
Lot Size: 0.09 Acres

Financials

Price:$3,200,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of LA Commercial

1511 12th St 8BR Santa Monica La

Description

The only Santa Monica deal with positive leverage. Exceptional investment opportunity featuring two separate parcels: a duplex and a fourplex, each with its own APN. Property Highlights: Unit Income: Townhouse's are leased until June 2026. All units are updated and equipped with hardwood floors, separate bedrooms and kitchens, washer and dryers in unit. Parking is provided with four garages and one carport on-site. 2 garages and the carport are included in leases. Street parking is ample. ADU Plans are underway to convert the garages into an additional unit.

Neighborhood

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CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.