1050 12th St
SANTA MONICA, CA 90403

Property

Ownership: For Sale
Bedrooms: 13 BR
Bathrooms: 10
Area: 7517 sq ft
Lot Size: 0.17 Acres

Financials

Price:$3,800,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of ENGEL & VÖLKERS Santa Monica

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.

Amenities

  • None

Neighborhood

More listings:

1050 12th St 13BR Santa Monica La


CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.