1050 12th ST new Save Request In-Person Tour Request Virtual Tour
Santa Monica,CA 90403
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
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
Laundry Common Area
Exterior
Parking Features Driveway
Garage Spaces 8.0
Garage Description 8.0
Pool None
View Y/N No
View None
Building
Story 2
Sewer Other
New Construction No
Schools
School District Santa Monica-Malibu Unified
Others
Special Listing Condition Standard