Multi-Family $ 3,800,000

1050 12th St

Santa Monica, CA 90403

  • 13 Beds
  • 10 Baths
  • 7,068 SqFt
  • 7,517 Lot Size
  • 1957 Year Built
Invest in one of Santa Monica's most sought-after corridors. Located in the heart of Wilshire-Montana on a charming tree-lined stretch of 12th Street, this 10-unit apartment building offers a desirable mix of 1-bedroom, and 2-bedroom units. New Roof, new gutters and new sub-panels in 2024 and 2025. Tenants enjoy immediate access to the vibrant offerings on Montana Avenue just a few blocks away, where boutique shopping, cozy cafes, and some of the Westside's best dining create a true neighborhood experience. Easy access to Palisades Park and the beach. This is an ideal opportunity for investors seeking long-term value in a trophy coastal location with consistent tenant demand, well-maintained interiors, and the potential for rent upside. One unit delivered vacant.
Listed by ENGEL & VĂ–LKERS Santa Monica

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Multi-Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 7, 068 sqft

    Price per Sqft $537

    MLS Listing ID 25553163

    Style Traditional

    Bedrooms 13

    Year Built 1957

    Lot Size 7,517 Sqft

    Acres 0.1726

    Property Sub-Type Multi-Family

  • Location

    State CA

    County Los Angeles

    Area Santa Monica

    Zoning SMR2*

  • Rooms

    Other Rooms None

  • Building

    Story 2

    Sewer In Street

    Water Public

    Architectural Style Traditional

    Level or Stories One

  • Interior

    Interior Features None

    Heating Wall

    Cooling None

    Flooring Mixed

    Fireplaces Type None

    Equipment Other

    Laundry Community

  • Exterior

    Parking Features Attached, Driveway

    Garage Spaces 10.0

    Pool None

    Amenities Available None

    Waterfront Description None

    View Y/N No

    View None

    Roof Type Asphalt

    Handicap Access None

  • Schools

    School District Santa Monica-Malibu Unified School District

  • Others

    Special Listing Condition Standard

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