1511 12th St Santa Monica, CA 90401
Pico NeighborhoodEstimated payment $19,220/month
Total Views
189
8
Beds
8
Baths
5,448
Sq Ft
$642
Price per Sq Ft
Highlights
- Fireplace
- McKinley Elementary School Rated A
- 3-minute walk to Euclid Park
About This Home
Two separate adjacent parcels (Parcel #4282-032-027 & 4282-032-028) consist of a duplex and fourplex, total 6-units. Buyer may be able to obtain two loans as high as 80% of price. Completely renovated, copper plumbing, updated electrical, fire places, hardwood floors, washers & dryers in all units, tiled kitchen and bathrooms. Prime Santa Monica, close to shops and restaurants on 3rd St promenade. The front lot consists of a duplex (2-2BR/2BA townhomes. 1,600 S.F. each are suitable for owner to occupy), the rear lot consists of a fourplex (4-1BR, 1BA units). 13.7 x Gross; 5.3% Cap with existing rents; 12.1 x Gross and 6.2% Cap with rents at market. Value-Add: Plans are available to convert the garages to a 2BR/2BA ADU.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,569
Year Built
- Built in 1958
Lot Details
- 7,500 Sq Ft Lot
Interior Spaces
- 5,448 Sq Ft Home
- 2-Story Property
- Fireplace
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Parking
- 5 Parking Spaces
- Carport
Community Details
- 2 Buildings
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 4282-032-028
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,569 | $229,862 | $194,508 | $35,354 |
| 2024 | $3,569 | $225,356 | $190,695 | $34,661 |
| 2023 | $3,510 | $220,938 | $186,956 | $33,982 |
| 2022 | $3,449 | $216,607 | $183,291 | $33,316 |
| 2021 | $3,329 | $212,361 | $179,698 | $32,663 |
| 2019 | $3,262 | $206,445 | $174,369 | $32,076 |
| 2018 | $3,044 | $202,405 | $170,950 | $31,455 |
| 2016 | $2,901 | $194,182 | $164,313 | $29,869 |
| 2015 | $2,860 | $191,266 | $161,845 | $29,421 |
| 2014 | $2,856 | $187,520 | $158,675 | $28,845 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $3,500,000 | -- | $642 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Grant Deed | -- | Fidelity Sherman Oaks | |
| Quit Claim Deed | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Gift Deed | -- | Fidelity National Title Co | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title | |
| Grant Deed | -- | Commonwealth Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,194,300 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $780,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $781,285 | New Conventional | |
| Previous Owner | $800,000 | Unknown | |
| Previous Owner | $800,000 | Unknown |
Source: Public Records
Similar Homes in Santa Monica, CA
Source: The MLS
MLS Number: 25586341
APN: 4282-032-028
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