1454 12TH Street Santa Monica, CA 90401
The Sher Group is pleased to present a 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 will offer 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. 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. Trust Sale / Court Confirmation Required. Must be sold with neighboring property (1448 12th Street)., 1 West of Lincoln Blvd between Santa Monica Blvd and Broadway.
Interior Features Include:No Information Available.
Exterior Features Include:
Acreage: 0.1700 Acres
Square Feet 7505
Other Features Include:
Total Expenses 0.00
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