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    1511 12Th St

    Santa Monica, CA 90401
    • $3,700,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: 20-629224
    UPDATED: 95 min ago
    $3,700,000
    • 8
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,448
      SQFT
    • $679
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:
    Area:

    School Ratings & Info

    Description

    Prime location property consisting of two separate adjacent parcels, a duplex, and a fourplex. Buyer may be able to obtain two loans on the two properties each as high as 70% LTV (loan to value ratio). All units are completely renovated, copper plumbing, updated electrical, fireplaces, hardwood floors, washer/dryer in all units, tiled kitchen & bathrooms. Two 2bd/2bth town houses, each 1,600 S.F. offer the perfect owner user opportunity.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T23:42:24.38. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/109791421
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    1511 12Th St Santa Monica, CA 90401

    • Price: $3,700,000
    • Status: Active
    • Updated: 95 min ago
    • ID#: 20-629224
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,448
    SQFT
    $679
    $/SQFT
    1958
    Built
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    Prime location property consisting of two separate adjacent parcels, a duplex, and a fourplex. Buyer may be able to obtain two loans on the two properties each as high as 70% LTV (loan to value ratio). All units are completely renovated, copper plumbing, updated electrical, fireplaces, hardwood floors, washer/dryer in all units, tiled kitchen & bathrooms. Two 2bd/2bth town houses, each 1,600 S.F. offer the perfect owner user opportunity.
    Exterior Features

    Lot Description 2-4 Lots Lot Size Area 7500 Other Structures Other Parking Garage Covered ParkingDriveway Total Parking 6

    Interior Features

    Baths Total 8.00 Cooling Air Conditioning Equipment WasherDryerDishwasherMicrowavePhone SystemOther Flooring Hardwood Heating Fireplace

    Property Features

    Gross Income 220368 Gross Operating Income 213757 Like Units1 4 Like Units2 2 Net Operating Income 155456.00 Number Of Buildings 2 Number Of Units 6 Property Condition Updated/Remodeled Sale Type Standard Security Features Gated Source Living Area Title Company Source Lot Size Area Other Source Lot Size Dimensions Other Total Annual Expense 58301 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Smbcd*

    Listing provided courtesy of Jacob Plewa DRE#02041641 of Keller Williams Beverly Hills.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T23:42:24.38. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377