USACASanta Monica1810 12Th St
1810 12 Th St, Home with 13 bedrooms, 7 bathrooms and 6 parking in Santa Monica CA | Image 1
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$2,500,000

1810 12 Th St, Santa Monica, CA

Real Estate

For Sale

$--,---,---
1376
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 5190 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1963
Avg. Price Per Sqft $481
MLS® Number 25575313

Property Address: 

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

Description

Located just south of Pico Boulevard and north of Olympic, 1810 12th Street offers investors a stabilized, income-producing property in one of Santa Monica's most desirable neighborhoods. This well-maintained 2-story building, built in 1963, features seven units totaling 13 bedrooms and 7 bathrooms across approximately 5, 190 square feet of living space on a 7, 516 square foot lot. The unit mix includes three 2-bedroom units, one 3-bedroom unit, and three 1-bedroom units. The 3-bed/1-bath unit will be delivered vacant at closing, providing immediate potential for an owner-user or market-rate rental. Current gross annual income is approximately $193, 992 with an NOI of $157, 010, reflecting a GRM of 12.89 and a cap rate of 6.28%. All units are separately metered for gas and electricity. Parking includes 4 covered carport spaces plus additional uncovered spaces with alley access. Just minutes from the beach, Bergamot Arts District, the Expo Line, and a variety of shopping, dining, and employment hubs, this property presents an exceptional long-term hold or value-add opportunity in a prime Santa Monica location.Show Description
MLS® Number25575313
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
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

HeatElectric
A/CNone
Heating Fuel

Extras

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