Peter Ciriello
This listing was posted on RealtyWW.
$3,595,000
Home For Sale In Santa Monica, California
Price:
$3,595,000
BR/BA:
8 BR, 8 BA
Location:
1511 12th St, Santa Monica, CA
Description:
5% Cap on 100% Occupancy, 14.34 GRM. Priced to sell. Front duplex plus rear 4-plex, 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. Parking is provided with four garages and one carport on-site. Three garages and the carport are rented separately for extra income. Street parking is ample. ADU Plans are underway to convert the garages into an additional unit. Please note, the front parcel is now included in the sale. One townhouse and one 1+1 are currently vacant. Garages rent for $295/month and carport $195/month but the carport is included in Unit 1 rent. At the time of this listing Unit A has a tenant signing to move in at $2, 795 and Unit B has given notice to be vacant on June 1. Unit 2 (townhouse) is vacant and will updated and listed at $5, 295. An owner user could get a 30 year fixed mortgage with 20% down. Gate is locked. Please drive by only, do not disturb tenants.For more details: https://realtyww.info/homes_santa-monica-d526236/for-sale_i71334010
Property Type:
Single-Family Houses
Amenities:
Fireplace, Parking, Wood Floors
Posted:
May 2 on RealtyWW
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More About this Listing: Home For Sale In Santa Monica, California
Home For Sale In Santa Monica, California is a Eight Bedroom Eight Bath Single-Family Homes for Sale at 1511 12th St in Santa Monica CA. Find other listings like Home For Sale In Santa Monica, California and listings near 1511 12th St by searching Oodle Classifieds for Eight Bedroom Eight Bath Single-Family Homes for Sale in Santa Monica CA.
Home For Sale In Santa Monica, California is a Eight Bedroom Eight Bath Single-Family Homes for Sale at 1511 12th St in Santa Monica CA. Find other listings like Home For Sale In Santa Monica, California and listings near 1511 12th St by searching Oodle Classifieds for Eight Bedroom Eight Bath Single-Family Homes for Sale in Santa Monica CA.