Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    1511 12th Street, Santa Monica, CA 90401
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    1511 12th Street
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    • MLS#: 24385721 ( Multi-Family )
    • Street Address: 1511 12th Street
    • Viewed: 8
    • Price: $3,595,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1960
    • Bldg sqft: 0
    • Days On Market: 301
    • Additional Information
    • County: LOS ANGELES
    • City: Santa Monica
    • Zipcode: 90401
    • Provided by: LA Commercial
    • Contact: Peter Peter
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Exceptional investment opportunity featuring two separate parcels: a duplex and a fourplex, each with its own APN. Property Highlights: Unit Income: Townhouse 1: Recently leased for $4,959.50. Townhouse 2: Recently leased for $5,109. Impressive Income Potential: 5.26% Cap Rate and a 12.84 GRM. Property Details: Front Duplex: Two spacious 2 bed, 2 bath townhouses (1,600 SF each). Features include in unit laundry, fireplaces, and private patios. Rear Fourplex: Four updated 1 bed, 1 bath units (two at 500 SF and two at 625 SF). Highlights include hardwood floors, separate bedrooms and kitchens, plus in unit washers and dryers. Parking & Potential: Four garages and one carport, offering additional rental income potential. Seller has ADU conversion plans underway.Additional Features: Gated property with ample street parking for added convenience and security. Located on two separate APNs: 4282 032 027 and 4282 032 028. Opportunity Awaits, don't miss this rare offering that combines location, functionality, and income potential. Drive by to view the property, but please respect tenant privacy.*** One vacant 1+1 unit, perfect opportunity for an owner occupier***Copper Plumbing | Updated Electrical | Individually metered***Washer / Dryers in each Unit / Gated Security / Courtyard, Garages and abundant street parking***Front/Rear Property 2 Parcels/Properties offered together***Plans for a 750 SF (2+2) ADU***PLEASE CONTACT US FOR AN OM***
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    Features
    Property Type
    1. Multi-Family
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836