1511 12th Street 1&2,ABCD

Property Overview
Reduced for a quick sale. The only Santa Monica deal with positive leverage (5.86% CAP on current). 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.
Home Details
- Property type
- ResidentialIncome
- Year built
- 1960
- Living area
- 5,443 sq ft
- Lot size
- 7,499 sq ft
- Parking
- 5 spaces
- Garage
- 4 spaces
- Stories
- 2.0
- Days on market
- 71
- MLS status
- Active
- Zoning
- SMBCD*
Features & Amenities
Parking
- Carport
- Garage
Security
- Gated Community
Community, Schools & Utilities
Utilities
- Heating
- ForcedAir
- Cooling
- None
Location & Neighborhood
Frequently Asked Questions
Homeowner resources
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TestimonialsCrown Coastal Support Team
Direct support from our real estate team
“Reza was the best agent we have ever worked with.”— Russell & Susan McQueen
Listing Agent

