1013 12th St
10 Unit Apartment Building $6,012,888 CAD ($601,289 CAD/Unit) 4.28% Cap Rate Santa Monica, CA 90403
EXECUTIVE SUMMARY
Nestled in a quiet neighborhood north of Wilshire Boulevard in Santa Monica, this 10 unit apartment building has hit the market | Unit mix: Three 2 bedroom + 2 bath units, One 2 bedroom + 1 bath unit and six 1 bedroom + 1 bathroom units
PROPERTY FACTS
| Price | $6,012,888 CAD |
| Price Per Unit | $601,289 CAD |
| Sale Type | Investment |
| Cap Rate | 4.28% |
| Gross Rent Multiplier | 15.28 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 10,392 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 0.96/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | 650 |
1 of 1
Walk Score®
Very Walkable (81)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 4281-018-022 | Improvements Assessment | $305,696 CAD |
| Land Assessment | $244,058 CAD | Total Assessment | $549,754 CAD |
ZONING
| Zoning Code | SMR3YY |
