1511 12th Street, Unit 1&2 ABCD
1511 12th Street, Unit 1&2 ABCD
$3,595,000
8
8
5,443
5,443
$660
Description
Update Unit A rented for $2,850! An application is in for Unit B for $2,895. Units 1 & 2 rents updated to $4,995 each. Seller willing to carry up to 80% LTV to make a deal. 5.26% Cap when 100% Occupied, 13.8 GRM. Priced to sell. Front duplex with both units vacant. Rear 4-plex with 1 unit vacant. Properties sold together, two separate parcels. The front duplex is comprised of 2 side-by-side 2+2 1,600 SF townhouses with w/d in unit, fireplaces and private patios. The rear fourplex comprises four units,...Update Unit A rented for $2,850! An application is in for Unit B for $2,895. Units 1 & 2 rents updated to $4,995 each. Seller willing to carry up to 80% LTV to make a deal. 5.26% Cap when 100% Occupied, 13.8 GRM. Priced to sell. Front duplex with both units vacant. Rear 4-plex with 1 unit vacant. Properties sold together, two separate parcels. The front duplex is comprised of 2 side-by-side 2+2 1,600 SF townhouses with w/d in unit, fireplaces and private patios. The rear fourplex comprises four units, each 1+1. Two units are 500 square feet, while the other two are slightly larger at 625 square feet. All units are updated and equipped with hardwood floors, separate bedrooms and kitchens, washer and dryers in unit. Fourplex: Unit B & D have given notice to be vacant on June 1. Parking is provided with four garages and one carport on-site. All 4 garages and the carport are rented separately for extra income, all are vacant at the moment (owner was occupying but has now moved). ADU Plans are underway to convert the garages into an additional unit. Street parking is ample. Garages rent for $295/month and carport $195/month, all are currently vacant. Gate is locked. Please drive by only, do not disturb tenants. This listing is for both APNs 4282-032-027 and 028.
- Listed by Peter Ciriello • DRE #01418188 • Brokerage DRE #01418188 • LA Commercial
- Listed by Kelly Morgan • DRE #01898026 • Brokerage DRE #01854200 • KW Advisors
Property Details for 1511 12th Street, Unit 1&2 ABCD
Zoning
SMBCD*
Parcel Number4282032027
Total Units6.0
Living Area5443
Source Living AreaOther
AreaSanta Monica (C14)
Vacancy Rate8156
Lot Size Area7499
Location
LISTING UPDATED: 05/16/2024 09:10 AM
Property Details for 1511 12th Street, Unit 1&2 ABCD
Status | Active |
---|---|
MLS # | 24-385721 |
Days on Market | 21 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1960 |
Lot Size | 0.17 AC / 7,499 SF |
County | Los Angeles County |
Location
Building Information for 1511 12th Street, Unit 1&2 ABCD
Stories2Residences-Year Built1960Building Size-Lot Size0.17 AC / 7,499 SF
Payment Calculator
$19,619 per month
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Property Information for 1511 12th Street, Unit 1&2 ABCD
Property History for 1511 12th Street, Unit 1&2 ABCD
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1511 12th Street, Unit 1&2 ABCD
This home is within Santa Monica-Malibu Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
McKinley Elementary School PublicK to 5 | ||
Lincoln Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Olympic High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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