1428 12th Street

Santa Monica, CA 90401

  • 38 Bed(s)
  • 0 Bath(s)
  • 17,880 Sqft
  • 15009
    Sqft(Lot)
$10,995,000

Description

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47682985

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Property Details

  • Bedroom Information

    • Total Bedrooms : 38

    Bathroom Information

    • Total Baths: 38
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Interior Features: Ceiling Fan(s)
    • Property Appliances: Dishwasher,Disposal,Microwave,Refrigerator

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1963
    • Building Area Total: 17,880

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3446
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 15009

  • Listing Price Information

    • Original List Price: 10,995,000
    • Listing Contract Date: 2024-11-19

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 4282024027

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C14 - Santa Monica
    • Directions: Just South of Santa Monica Blvd. Prime location in Santa Monica.
    • Zoning: SMR3*
    • Source Property Type: Residential Income
    • Area: C14 - Santa Monica

    Building and Construction

    • Property Age: 61
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 17880
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 11/21/2024 @ 16:25

  • MLS: 24465105
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 38 bedrooms which is for sale, it has 17,880 sqft, 15,009 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Santa Monica , in zip code 90401, this Los Angeles County Home are nearby neighborhoods.