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1511 12th St, Santa Monica, CA 90401


  • For Sale
  • Active
  • Multi-Family
1511 12th St, Santa Monica, CA 90401 View this property at 1511 12th St, Santa Monica, CA 90401
1511 12th St Santa Monica CA 90401

Property Description

Rare opportunity to acquire a 4 unit property located in the heart ofSanta Monica within walking distance to 3rd St. Promenade, SantaMonica Pier, Metro Expo Line, Santa Monica College and the beach. Theproperty is 100% occupied with rent control for 2016 at 1.3% increasecapping at $25. All units have been completely updated includingcopper plumbing throughout, updated electrical, hardwood flooring,tiled kitchen and bathrooms, exposed brick (two units), recessedlighting, modern faucets/fixtures, custom doors and wood blinds. Eachunit has its own washer/dryer. All four units are 1BR/1BA ranging from550-650SF. Plus four garages for storage and one carport. A completerenovation and a prime location make this property one of a kind!

Full Property Details for 1511 12th St

  • Price: $1,850,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 16-183548
  • Updated: 2/27/2017
  • Added: 120 day(s) ago

Property History

  • 1511 12th St, Santa Monica, CA
  • Reduced to $1,850,000 on 2/27/17
  • Reduced to $2,100,000 on 1/23/17
  • Listed at $2,300,000 on 11/30/16


  • Interior Features: Other


  • Parking Type: Garage


  • Area: Santa Monica (C14)
  • County: Los Angeles
  • Development Name: Santa Monica (C14)
  • Driving Directions: Nearest cross street is Broadway.

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Structural Information

  • # Buildings: 1
  • Square Feet: 2,248
  • Year Built: 1958

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size Source: Vendor Enhanced
  • Zoning: SMBCD*

Financial Considerations

  • Price Per Sq. Ft.: $822.95

Disclosures and Reports

  • Legal Disclosures: Other

Listed by Radius Group Commercial Real Estate,Inc., Steve Golis - CA DRE: 00772218

See This Home

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Estimate the Cost

1511 12th St will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

Get pre-approved to see if you qualify for properties in this budget.

*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

1511 12th St, Santa Monica, CA 90401 (MLS# 16-183548) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1511 12th St is currently listed for $1,850,000 and was received on November 30, 2016. Want to learn more about 1511 12th St? Do you have questions about finding other Multi-Family real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.

Listed by Radius Group Commercial Real Estate,Inc., Steve Golis - CA DRE: 00772218