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831 12Th ST Santa Monica, CA 90403
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Key Details
Sold Price $3,130,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,020 sqft
Price per Sqft $623
MLS Listing ID 21746036
Sold Date 08/31/21
HOA Y/N No
Year Built 1928
Property Description
831 12th Street, a charming Spanish-style fourplex located in the highly-desired beach community of Santa Monica. Located on a tree-lined residential block just south of Montana Avenue, the property is adjacent to the neighborhood's most popular shopping and dining destinations. Constructed in 1928, the 5,020 SF two-story trophy asset sits on a 7,523 SF lot and is comprised of (4) two-bedroom and one bath units. Please note, each unit has been individually metered for gas and electricity. Additional property amenities include a landscaped community courtyard and (4) private one-car garages. 831 12th Street presents significant value-add opportunity to investors, as current rents are well below market value for nicely remodeled units in the area. With a trendy location that is consistently under high demand among high-earning young professionals, 831 12th Street affords investors the opportunity to acquire a well-maintained investment property in this ever-growing metropolitan beach com
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2
Rooms
Ensuite Laundry CommonArea
Interior
Laundry Location CommonArea
Heating WallFurnace
Cooling None
Fireplace No
Appliance Dishwasher, Refrigerator
Laundry CommonArea
Exterior
Garage Garage
Garage Spaces 4.0
Garage Description 4.0
Parking Type Garage
Total Parking Spaces 4
Building
Story 2
Architectural Style Spanish
Others
Senior Community No
Tax ID 4281016014
Special Listing Condition Standard
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Bought with Layla Alamdari • Keller Williams R. E. Services