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817 12th St
Santa Monica, CA 90403
Multifamily Property For Sale
·
11 Units
Investment Highlights
- Prime location in coveted Montana neighborhood.
- Opportunity for strong cash flow with significant upside in rents
- Proximity to employment opportunities and major companies.
- Value-add opportunity with vacant and renovated units.
- Ample off-street parking for tenant convenience.
- Potential for multiple ADU Conversions
Property Facts
| No. Units | 11 | Building Size | 10,639 SF |
| Property Type | Multifamily | Average Occupancy | 64% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.41/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | SMR3* | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 10,639 SF |
| Average Occupancy | 64% |
| No. Stories | 3 |
| Year Built | 1966 |
| Parking Ratio | 1.41/1,000 SF |
| Zoning | SMR3* |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 5 | $2,248 | - |
| 2+1 | 4 | $1,495 | - |
| 3+2 | 2 | $2,899 | - |
Property Taxes
| Parcel Number | 4281-016-017 | Improvements Assessment | $1,815,600 |
| Land Assessment | $3,366,000 | Total Assessment | $5,181,600 |
Property Taxes
Parcel Number
4281-016-017
Land Assessment
$3,366,000
Improvements Assessment
$1,815,600
Total Assessment
$5,181,600
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