USACASanta Monica1428 12Th St
1428 12 Th St, Home with 38 bedrooms, 38 bathrooms and 23 parking in Santa Monica CA | Image 1
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$9,295,000

1428 12 Th St, Santa Monica, CA

Real Estate

For Sale

$--,---,---
383823
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 17880 sqft
Garage No
HOA Fees 
Taxes 
Days Active 2
Approx. Age 1963
Avg. Price Per Sqft $519
MLS® Number 25597703

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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, 1.5-bath units, or 2 substantial 3-bed, 1.5-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 School One. 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.Show Description
MLS® Number25597703
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1963
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatWall Furnace
A/C
Heating Fuel

Extras

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