1511 12th st, Santa Monica, CA 90401
Active
$1,995,000
2 Units
4 Beds
4 Baths
3,200 Area(sq.ft.)
Lot: 3,752 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 2 | 2 | 2 | No | $ 5,000 | $ 10,068 | $ 10,000 |
| 2 | 4 | 4 | $ 10,000 | $ 20,136 | $ 20,000 |
| MLS #: | 25-490259 |
| Days On Market: | 313 |
| Listing Date: | January 27, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 623 |
| Price per unit: | $ 997,500 |
| Year Built: | 1960 |
Property Details
The (front) Duplex consists of (2) spacious 2-bed, 2-bath bi-level townhouses (1,600 SF each). Unit 1 lease began 6/23/2024. Leases include (1) carport and (1) garage on the 4 Plex lot. This property can be purchased with the property in the rear at the same addres or alone.Interested in this Listing?
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Income Details
| Vacancy Rate: | 3624% |
| Gross Operating Income: | $ 117,197 |
| Total Annual Expense: | $ 34,983 |
| Net Operating Income: | $ 82,213 |
| Gross Annual Income: | $ 120,822 |
| Gross Rent Multiplier: | 16.51 |
Structure
| Type of Units: | 2+2 |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Zoning: | SMBCD* |
| Parking Garage: | None |
Interior
| AC/Cooling: | Air Conditioning |
| Equipment: | Dishwasher, Dryer, Washer, Refrigerator, Garbage Disposal, Microwave |
| Heating: | Forced Air |
Exterior
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