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Listed by: Benjamin Lewin (818) 212-2659 DRE #02040686 | Marcus & Millichap (818) 212-2700
$6,000,000
36 Beds
- 36 Baths
18,832sqft
1243 12Th St, Santa Monica, CA 90401
$6,000,000
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Multi Family
Built in 1959
$-- HOA
15,007 sqft lot
$319/sq.ft
Description
1243 & 1247 12th St consist of two adjacent ten-unit apartment buildings located between Wilshire Blvd and Arizona Ave in prime Santa Monica, approximately 12 blocks from the beach. Built in 1959, the properties total 18,832 square feet of improvements on a 15,007-square-foot double lot with two separate APNs, offering long-term ownership, financing, and disposition flexibility. Each building is approximately 9,416 square feet, and together the portfolio features an attractive and highly functional 20-unit mix comprised of (4) 1-bed/1-bath, (5) 2-bed/1.5-bath, (8) 2-bed/2-bath, (1) 3-bed/1.5-bath, and (2) 3-bed/2-bath units. This balanced mix appeals to a wide renter base...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1959
HOA Fees
-
Finished Area
18,832 sqft
Lot Size
15,007 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25630313
MLS Status
Active
Days on Market
1
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