Santa Monica, CA 90401,1428 12th ST
Santa Monica, CA 90401,1428 12th ST
Santa Monica, CA 90401,1428 12th ST
54
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$8,950,000
Est. payment /mo
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38 Beds
38 Baths
17,880 SqFt
Price Dropped by $345K

1428 12th ST Santa Monica, CA 90401

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Kimber Wuerfel

Kimber Wuerfel

+1(714) 812-9155

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 17,880 sqft

Price per Sqft $500

MLS Listing ID 25597703

Bedrooms 38

HOA Y/N No

Year Built 1963

Lot Size 0.345 Acres

Property Description

We are pleased to present a generational multifamily offering in the seaside enclave of Santa Monica. Set prominently along a tree-lined street, 1424-1428 12th Street is a trophy asset consisting of 20, oversized compared to market, units and beautifully landscaped grounds. Encompassing 17,880 SQFT and situated on a very large lot, tenants can choose from one of 2 oversized studio units, 16 large 2-bed, 1.5-bath units, or 2 substantial 3-bed, 1.5-bath townhouse units. Each of these units has a great floor plan flooded with natural light. 14 units have been luxuriously upgraded and tastefully appointed with an in-unit washer and dryer (select units), new hardwood flooring, stainless steel appliances, quartz countertops, and LED lighting. Additionally, the property has an on-site laundry facility and ample assigned parking (soft story retrofit work has been completed, Buyer to verify). The property also includes new construction windows, new roofing and gutters, a custom stucco facade, and more. A quick stroll to the beautiful beach, downtown Santa Monica, and the high-end dining and shopping of Montana Avenue and 3rd Street Promenade, 1424-1428 12th Street is close to all Santa Monica has to offer. The property is also situated just across the street from one of Santa Monica's top private elementary schools, Pluralistic School One. With fantastic in-place income, enormous upside potential, and a secured tenant base, the property gives buyers the opportunity to own a generational asset in one of the most prized and coveted locations in Los Angeles.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR3*

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Carport

Total Parking Spaces 23

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4282024027

Special Listing Condition Standard

CRMLS – RECore
Listed by Robert Renshaw REMAX COMMERCIAL & INVESTMENT REALTY

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Palisades Charter Elementary

    Public | KG - 5

  • 10

    Edison Language Academy

    Public | PK - 5

  • 9

    Canyon Charter Elementary

    Public | KG - 5

  • 9

    Franklin Elementary School

    Public | PK - 5

  • 9

    Grant Elementary School

    Public | PK - 5

  • 8

    Roosevelt Elementary School

    Public | KG - 5

  • 8

    Santa Monica Alternative (K-8)

    Public | KG - 8

  • 8

    McKinley Elementary School

    Public | KG - 5

  • 8

    Will Rogers Learning Community

    Public | KG - 5

  • 8

    Broadway Elementary School

    Public | KG - 5

  • 8

    Coeur d'Alene Avenue School

    Public | KG - 5

  • 7

    Nora Sterry Elementary School

    Public | KG - 5

  • 5

    John Muir Elementary School

    Public | PK - 5

  • 5

    Westminster Avenue Elementary

    Public | KG - 5

  • 5

    Westside Global Awareness Magnet

    Public | KG - 8

  • 5

    Brockton Avenue Elementary

    Public | KG - 5

  • 5

    Beethoven Street Elementary School

    Public | KG - 5

  • 4

    Brentwood Science Magnet

    Public | KG - 5

  • 4

    Walgrove Avenue Elementary

    Public | KG - 5

  • 0

    Village School

    Private | KG - 6

Middle Schools 8
  • 9

    Lincoln Middle School

    Public | 6 - 8

  • 8

    Paul Revere Charter School

    Public | 6 - 8

  • 8

    New West Charter

    Public | 6 - 10

  • 7

    John Adams Middle School

    Public | 6 - 8

  • 5

    Mark Twain Middle School

    Public | 6 - 8

  • 0

    Archer School for Girls

    Private | 6 - 12

  • 0

    Fusion Academy - los Angeles

    Private | 6 - 12

  • 0

    City Charter Middle School

    Public | 6 - 8

High Schools 10
  • 9

    Santa Monica High School

    Public | 9 - 12

  • 8

    Palisades Charter High School

    Public | 9 - 12

  • 7

    Animo Venice Charter High School

    Public | 9 - 12

  • 6

    University High School Charter

    Public | 9 - 12

  • 6

    Venice High School

    Public | 9 - 12

  • 0

    St Monica Catholic High School

    Private | 9 - 12

  • 0

    Pacifica Christian High School

    Private | 9 - 12

  • 0

    Olympic High (Continuation)

    Public | 9 - 12

  • 0

    Lighthouse Christian Academy

    Private | 9 - 12

  • 0

    Arete Preparatory Academy

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Kimber Wuerfel

Kimber Wuerfel

Team Leader | License ID: 01314386

+1(714) 812-9155

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1428 12th ST