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Home For Sale
1428 12th St
Santa Monica, California 90401
Los Angeles CountyCommunity:
$10,995,000
38 br, 0.0 bath
17880 sq. ft.
0.345 acres
We are pleased to present a generational multifamily offering in the seaside enclave of Santa Monica. Set prominently along a tree-lined street, 1424-1428 12th Street is a trophy asset consisting of 20, oversized compared to market, units and beautifully landscaped grounds. Encompassing 17,880 SQFT and situated on a very large lot, tenants can choose from one of 2 oversized studio units, 16 large 2-bed, 1-bath units, or 2 substantial3-bed, 1-bath townhouse units. Each of these units has a great floor plan flooded with natural light. 14 units have been luxuriously upgraded and tastefully appointed with an in-unit washer and dryer (select units), new hardwood flooring, stainless steel appliances, quartz countertops, and LED lighting. Additionally, the property has an on-site laundry facility and ample assigned parking (soft story retrofit work has been completed, Buyer to verify). The property also includes new construction windows, new roofing and gutters, a custom stucco facade, and more. A quick stroll to the beautiful beach, downtown Santa Monica, and the high-end dining and shopping of Montana Avenue and 3rd Street Promenade, 1424-1428 12th Street is close to all Santa Monica has to offer. The property is also situated just across the street from one of Santa Monica's top private elementary schools, Pluralistic SchoolOne. With fantastic in-place income, enormous upside potential, and a secured tenant base, the property gives buyers the opportunity to own a generational asset in one of the most prized and coveted locations in Los Angeles.
Interior:
- Bedrooms: 38
- Baths: 0.0
- Sq Ft: 17880
- Year Built: 1963
- Utilities:
- Fireplaces:
- Stories: 2
- Heat/AC:
- Garage: Assigned
Exterior:
- Lot Size: 0.345 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding:
- Roof:
- MLS #: 24-465105
Contact Information:
Listing Agent: Jonathan Taksa, RE/MAX Commercial & Investment, 213-817-1000, 213-817-1000
Listing Site, Listing Status: Active
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5576010
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Updated: Nov 21, 2024