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Welcome to 1132 12th St, Apt 9, nestled in the vibrant heart of Santa Monica, CA. This well-appointed property, built in 1956, boasts a total of 13 bedrooms and bathrooms across its 10 units, making it an excellent opportunity for investment in a highly desirable location. With a tax-assessed value of $878,101 and a generous lot size of 7,499 sq ft, this space offers ample potential for improvement or redevelopment. Enjoy the benefits of commercial air conditioning in a community that embodies California beach living, just moments from the sun-soaked shores.
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In most states, the history of a loss of life in a home, no matter how it occurred, even violently, is not considered a "Material Fact" and it's not required to be disclosed. This history depending on the event, can decrease the home's value by 25% and increase its time to sell by up to 50% longer than comparable homes. Properties with such a history are referred to as Stigmatized Properties.Would you want to know stigmatized history of the property before you sign the contract?
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