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1511 12th Street , 1&2,ABCD

Santa Monica, CA 90401
  • $3,200,000
  • STATUS: Active
  • ON SITE: 45 Days
  • ID#: 25613209
UPDATED: 71 min ago
$3,200,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,443
    SQFT
  • $588
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Listing Agent(s): Peter Ciriello of LA Commercial (310-980-4562)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T21:27:47.783. 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 Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169412720
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1511 12th Street , 1&2,ABCD Santa Monica, CA 90401

  • Price: $3,200,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 71 min ago
  • ID#: 25613209
8
Beds
0
Baths
0
½ Baths
0.17
Acres
5,443
SQFT
$588
$/SQFT
1960
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property 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.
Exterior Features

Carport Spaces 1 Carport YN Yes Parking Features CarportGarage Parking Total 5

Interior Features

Cooling None Cooling YN No Heating Forced Air Heating YN Yes

Property Features

Association YN No Cap Rate 5.59 Community Features Gated Disclosures Rent Control Garage YN Yes Gross Income 257394 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 179010 New Construction YN No Rent Control YN Yes Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Zoning SMBCD*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T21:27:47.783. 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 Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Peter Ciriello of LA Commercial (310-980-4562)