34.04015 -118.463646

12118 Santa Monica Boulevard Los Angeles, CA 90025

282873566 34.04015 -118.463646 124 /listing/282873566-150289293/12118-santa-monica-boulevard-los-angeles-ca-90025 False 0 2250000.0 101 SB20220510 False
  • $2,250,000
  • 3,845 lot
  • Est payment $12078.49/mo

Property & Neighborhood Info

Courtesy Of Howard Gunderson, Marian Keith

Commercial in Los Angeles

12118, 12120, 12122, 12124 SANTA MONICA BLVD. 4 STORES, ALL RENTED MONTH TO MONTH. MONTHLY RENT TOTAL IS $8500.00, $102,000.00 PER YEAR, ABOUT 4.5 X GROSS.LONG TERM TENANTS, MOST THERE FOR 30 YEARS, ALL WANT TO STAY. TENANTS ARE MONTH TO MONTH BUT WOULD SIGN LEASES.HAIR SALON IS $2500.00 A MONTH, OTHERS ARE $2000.00 EACH. 3210 SQUARE FEET, STEEL POST AND STUCCO CONSTRUCTION. ROOF ABOUT 12 YEARS OLD. 40 FEET FRONTAGE ON BUSY SANTA MONICA BLVD., NEAR BUNDY. ON BUS LINE. NO PARKING BUT NOT A PROBLEM FOR CURRENT TENANTS, HOWEVER IF YOUR BUYER NEEDS PARKING IT IS POSSIBLE TO RENT PARKING SPACES IN THE AREA. LOCATED IN THE HEART OF WEST LOS ANGELES, CLOSE TO STARBUCKS, IHOP, SMART & FINAL. BUILDING IS 32 FEET HIGH PROVIDING AMPLE SIGN SPACE. EACH UNIT HAS FRONT AND BACK ACCESS, OFFICE SPACE AN A BATHROOM. SEPARATE ELECTRICAL METERS FOR EACH TENANT. TENANTS PROVIDE OWN HEATING AND COOLING, IF ANY. OWNER ONLY PAYS WATER, ABOUT $600.00 PER YEAR. LOW MAINTENANCE. CLOSE TO SANTA MONICA, BRENTWOOD,WEST WOOD, BEL AIR, BEVERLY HILLS. EASY ACCESS TO 10 FREEWAY BY GOING SOUTH ON BUNDY OR THE 45 BY GOING EAST ON SANTA MONICA. SELLER IS DOING A 1031 EXCHANGE AND IS IN ESCROW ON THE UP LEG PROPERTY.

Courtesy Of Howard Gunderson, Marian Keith
  1. 3,845 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1947
  • Floors: 1
  • County: Los Angeles County
  • Zoning: LAC2
  • MLS Number:SB20220510

Additional Features

  • Lot Features:
    • Level with Street
    • Near Public Transit
    • Level
    • No Landscaping
  • Building Description:
    • Existing
  • Commercial Type:
    • Retail
  • Heating:
    • None
  • Land Use:
    • Retail
  • Utilities:
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Land Size Source:
    • Assessor
  • Business Type:
    • Mixed
    • Retail
  • Laundry:
    • None
  • Financing:
    • None
  • Cooling:
    • None
  • Fencing:
    • None
  • Lot SF Source:
    • Assessor
  • Property Subtype:
    • Retail
  • Roof:
    • Rolled/Hot Mop
  • Special Conditions:
    • Standard
  • CDOM:
    • 46
  • DOM:
    • 46
  • Listing Key:
    • 364835083
  • Lot Size Acres:
    • 0.0883
  • Lot Size Dimensions:
    • 0.088 ACRE
  • Lot Size Square Feet:
    • 3845.00
  • Monthly Rent:
    • 8500
  • Net Operating Income:
    • 101400.00
  • Number of Buildings:
    • 1
  • Number Of Units Leased:
    • 4
  • Office Square Feet:
    • 3845
  • Operating Expense:
    • 600.00
  • Parking Spaces:
    • 0.00
  • Price Per SQFT:
    • 700.93
  • Retail Sq Ft:
    • 3210
  • Tax ID:
    • 4263037002
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Lily Liang
Lily Liang
Executive Vice President
550 Silver Spur #240 Rolling Hills Estates CA 90274
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34.04015 -118.463646

12118 Santa Monica Boulevard Los Angeles, CA 90025

282873566 34.04015 -118.463646 124 /listing/282873566-150289293/12118-santa-monica-boulevard-los-angeles-ca-90025 False 0 2250000.0 101 SB20220510 False
  • $2,250,000
  • 3,845 lot
  • Est payment $12078.49/mo