Price
$ 2,500,000
New!

1448 12TH ST, Santa Monica, CA 90401  
  • 2 beds
  • 2 baths
  • 1,087 sqft

1448 12TH ST, Santa Monica, CA 90401  

Rare opportunity to acquire (2) two side by side properties spanning just under 15,000 square feet of land consisting of an (8) unit Apartment Complex and a (2) unit Duplex in beautiful Santa Monica, California. This rare assemblage offers new ownership the option to have a cash-flowing asset while entitling a new construction apartment/condo project or an opportunity for an investor to capture the significant upside in rents with the existing 10 units. Generational asset with endless opportunity. Ideal developer or investor 1031 Exchange. Trust Sale / Court Confirmation Required. Must be sold together with 1454 12th Street (Listed at $2.5M).Subject properties are centered in a prime Santa Monica location walking distance (less than one mile) from the Santa Monica Beach, the pier, Third Street Promenade, Santa Monica Place and the new Expo Light Rail Metro line.

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Listing Type
Multi-Family
Listing ID
17258828
Bedrooms
2
Bathrooms
2
House Size
1,087
Lot Size
7,492.00 sqft
Listing Status
Active
Year Built
1922
County
Los Angeles
Units
2
Zoning
SMBCD*
Listing courtesy of Christopher Huddleston~BRE #: 01936516~The Sher Group
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    Listing Information Provided By:
    RE/MAX ESTATE PROPERTIES
    10931 W. Pico Blvd Los Angeles, CA 90064 | Phone: (310) 559-5570
    RE/MAX ESTATE PROPERTIES is licensed in the state of California CalBRE License #: 01879720
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.