Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

3,271 sqft

Lot size

7,489 sqft

Year built

1914

Stories

0

Style

Bungalow

Heating

Forced Air,Wall Furnace

Pool

None

View

Trees/Woods

Status

Active

Days on market

61

MLS #

246258230

About this property

ALL UNITS CAN BE DELIVERED VACANT. An excellent investment opportunity of a single family house with 3 units in the back north of Wilshire. This unique beach-style compound is situated on an oversized lot and features a front house plus three additional units. The property features a classic, updated 1914 California bungalow as the front home, offering three bedrooms, two bathrooms, an office, a private backyard, and hardwood floors. It includes in-unit laundry and gated parking for up to four cars, making it ideal for an owner-user. The rear structure contains three one-bedroom, one-bathroom rental units, all of which will be delivered vacant. This provides immediate rental or repositioning potential. Additional amenities include private garages, storage units, and an on-site laundry room for supplemental income. Located in a highly walkable neighborhood just minutes from the beach, dining, and shopping, this property offers significant upside in one of the Westside's most desirable markets.

Location

1124 12th Street

Santa Monica, Los Angeles, CA, 90403