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1428 12th St
Santa Monica, CA 90401 Pico

$9,295,000 USD

Apartments For Sale  •  17,880 SF

Property Details

  • Property Type Apartments
  • Total Building Size 17,880 SF
  • Lot Size 0.34 AC
  • Building Class B
  • Year Built 1963
  • Zoning SMR3*
75 Transit Score
85 Walk Score

Highlights

Extensively upgraded trophy asset in super prime Santa Monica just blocks to the beach
Incredible unit mix of mostly large single-level 2-bedroom floor plans and two-story 3-bedroom townhouse floor plans
Day one CAP rate of 5.18% with significant remaining upside
14 of the 20 units have been meticulously renovated and reimagined
Ample on-site parking with soft story retrofit completed

Property Flyers

Amenities

  • Air Conditioning

Public Transportation

Transit/SubwayDriveWalkDistance
17 St/ Smc (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 9 min 0.5 mi
Downtown Santa Monica (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 14 min 0.8 mi
AirportDriveWalkDistance
Los Angeles International 18 min - 8.9 mi
Bob Hope 33 min - 20.6 mi
Long Beach (Daugherty Field) 38 min - 29.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Rob Renshaw 310-776-0564 RE/MAX Commercial & Investment Realty
Rob Renshaw 310-776-0564 RE/MAX Commercial & Investment Realty