$3,800,000

1050 12th Street, Santa Monica, CA 90403

7,068 sqft

other
Built in 1957
7,405sqft lot
—— car garage
$538/sqft
Listed 4 months ago

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.

Listing Status:: Active
Date Added:: June 18, 2025 at 05:00AM
Listing Office:: ENGEL & VÃ–LKERS Santa Monica : 310-460-2525
Listing Agent:: Sandra Miller : 310-460-2525
MLS ID:: CL25553163

Laundry: Common Area
A/C: None
Heating: Wall Furnace

Parking: Other

County: Los Angeles

Zoning: SMR24281021010
View: None

Utilities: Other Water/Sewer
Water: Other

This listing courtesy of Sandra Miller, ENGEL & VÃ–LKERS Santa Monica

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Roosevelt Elementary School

801 Montana Ave, Santa Monica, CA, 90403

Grades KG-5

0.48 miles away

Lincoln Middle School

1501 CA Ave, Santa Monica, CA, 90403

Grades 6-8

0.26 miles away

Santa Monica High School

601 Pico Blvd, Santa Monica, CA, 90405

Grades 9-12

1.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.