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$3,800,000

Est. payment - /mo

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13 Beds

10 Baths

7,068 SqFt

New

1050 12th ST Santa Monica, CA 90403

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Paco Licea

paco@pacotherealtor.com +1(951) 213-9131

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,068 sqft

Price per Sqft $537

MLS Listing ID 25553163

Bedrooms 13

HOA Y/N No

Year Built 1957

Lot Size 7,518 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Driveway

Garage Spaces 8.0

Garage Description 8.0

Pool None

View Y/N No

View None

Accessibility None

Porch None

Attached Garage Yes

Total Parking Spaces 10

Private Pool No

Building

Faces West

Story 2

Entry Level One

Sewer Other

Architectural Style Traditional

Level or Stories One

New Construction No

Schools

School District Santa Monica-Malibu Unified

Others

Senior Community No

Tax ID 4281021010

Special Listing Condition Standard

Listed by Sandra Miller • ENGEL & VÖLKERS Santa Monica

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Paco Licea

Broker | License ID: 01337048

+1(951) 213-9131