1511 12th St Apt 1
Santa Monica, CA 90401
8 Beds
8 Baths
5,443 Sq Ft
238 Days on Market
For Sale $3,595,000
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Courtesy of LA Commercial

Listing Agent & Comments

Peter CirielloLA Commercial
310-980-4562peter@lacomcorp.com License #01418188
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***

MLS# 24385721 • Data provided by CRMLS
Additional home details
Living Area5,443 Sq.Ft.
Lot Size7,501 Sq.Ft.
Total Rooms--
Bedrooms8
Bathrooms8
Stories2
Year Built1960
Property TypeMultifamily
ZoningSMBCD*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$4,861
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$2,667,053
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
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HouseCanary, Inc. Brokerage

1511 12th St., Apt. 1, Santa Monica, CA 90401

Multifamily
8 Beds
8 Baths
5,443 Sq Ft
238 Days on Market

Listing Agent & Comments

Peter CirielloLA Commercial
310-980-4562peter@lacomcorp.com License #01418188
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***

MLS# 24385721 • Data provided by CRMLS
Additional home details
Living Area5,443 Sq.Ft.
Lot Size7,501 Sq.Ft.
Total Rooms--
Bedrooms8
Bathrooms8
Stories2
Year Built1960
Property TypeMultifamily
ZoningSMBCD*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$4,861
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $3,595,000
Request tour
Save
Courtesy of LA Commercial
1511 12th St Apt 1
Santa Monica, CA 90401
8 Beds
8 Baths
5,443 Sq Ft
238 Days on Market

Listing Agent & Comments

Peter CirielloLA Commercial
310-980-4562peter@lacomcorp.com License #01418188
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***

MLS# 24385721 • Data provided by CRMLS
Additional home details
Living Area5,443 Sq.Ft.
Lot Size7,501 Sq.Ft.
Total Rooms--
Bedrooms8
Bathrooms8
Stories2
Year Built1960
Property TypeMultifamily
ZoningSMBCD*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$4,861
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$2,667,053
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $3,595,000
Request tour
Save
Courtesy of LA Commercial