1511 12th St | Santa Monica, CA 90401
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This Multifamily Property is no longer advertised on LoopNet.com.
1511 12th St
Santa Monica, CA 90401
Multifamily Property For Sale
·
6 Units

Investment Highlights
- Two-2BR/2BA townhomes. 1,600 S.F. each are suitable for owner to occupy
- Value-Add: Plans are available to convert the garages to a 2BR/2BA unit
- 12.5 x Gross; 5.9% Cap with existing rents; 11.1x Gross and 6.9% Cap with rents at market
Property Facts
| No. Units | 6 | Building Size | 5,448 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1959 |
| Building Class | B | Parking Ratio | 0.92/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | SMBCD* - mix of commercial and residential uses | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 5,448 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | SMBCD* - mix of commercial and residential uses |
Amenities
Unit Amenities
- Tile Floors
- Hardwood Floors
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $2,595 | 500 - 625 |
| 2+2 | 2 | $4,900 | 1,600 |
Property Taxes
| Parcel Numbers |
Multiple
|
Improvements Assessment | $392,354 |
| Land Assessment | $1,775,508 | Total Assessment | $2,167,862 |
Property Taxes
Parcel Numbers
Multiple
- 4282-032-027
- 4282-032-028
Land Assessment
$1,775,508
Improvements Assessment
$392,354
Total Assessment
$2,167,862
Listing ID: 37511456
Date on Market: 9/2/2025
Last Updated:
Address: 1511 12th St, Santa Monica, CA 90401
The Pico Multifamily Property at 1511 12th St, Santa Monica, CA 90401 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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