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1511 12th Street, Santa Monica CA 90401
1511 12th Street, Santa Monica CA 90401
1511 12th Street, Santa Monica CA 90401
California>Santa Monica>Pico

1511 12th StreetSanta Monica, CA 90401

For Sale

$3,500,000

Smart Buyer Rebate $35,000

Two separate adjacent parcels (Parcel #4282-032-027 & 4282-032-028) consist of a duplex and fourplex, total 6-units. Buyer may be able to obtain two loans as high as 80% of price. Completely renovated, copper plumbing, updated electrical, fire places, hardwood floors, washers & dryers in all units, tiled kitchen and bathrooms. Prime Santa Monica, close to shops and restaurants on 3rd St promenade. The front lot consists of a duplex (2-2BR/2BA townhomes. 1,600 S.F. each are suitable for owner to occupy), the rear lot consists of a fourplex (4-1BR, 1BA units). 13.7 x Gross; 5.3% Cap with existing rents; 12.1 x Gross and 6.2% Cap with rents at market. Value-Add: Plans are available to convert the garages to a 2BR/2BA ADU.

Listed by Hamid Soroudi

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License #00708618

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Keller Williams Beverly Hills

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310-432-6547

Last updated September 02, 2025

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Source: CRMLS #25586341

Listing Facts

  • TypeMulti-family
  • NeighborhoodPico
  • Bedrooms8
  • Days on Prevu3
  • Size5,448 sqft
  • Price per sqft$642

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/02/2025
Listed by Keller Williams Beverly Hills
$3,500,000

Property Details for 1511 12th Street

Exterior

Construction

  • Number Of Units Total: 6
  • Stories: 2
  • Year Built: 1958

Measurements

  • Building Area Total: 5,448
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,500
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,500
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.3
  • Gross Income: $255,480.00

Taxes

  • Parcel Number: 4282032028

Interior

Measurements

  • Living Area: 5,448
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 8
  • Bedrooms Total: 8

Parking

Parking

  • Carport: Yes
  • Parking Features: Carport
  • Parking Total: 5

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.