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$ 3,800,000
Est. payment /mo
Active
1050 12th Street Santa Monica, CA 90403
7,068 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,068 sqft
Price per Sqft $537
MLS Listing ID CL25553163
HOA Y/N No
Year Built 1957
Lot Size 7,517 Sqft
Acres 0.17
Property Sub-Type Other
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
Zoning SMR2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Common Area
Exterior
Utilities Available Other Water/Sewer
View Y/N false
View None
Building
Water Other
New Construction No
Others
Tax ID 4281021010
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Listed by Sandra Miller • ENGEL & VÖLKERS Santa Monica