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About This Home
This 13-bedroom, 10-bathroom other at 1050 12th Street in Santa Monica, CA is listed for $3,800,000 ($538 per sqft). Built in 1957, the home offers 7,068 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1957
- 10 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$20,323/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1050 12th Street
Santa Monica, CA 90403
Property Details
Views
Parking
Heating
Cooling
Questions & Answers
This 13-bedroom, 10-bathroom other at 1050 12th Street is listed at $3,800,000 ($538/sqft). The estimated monthly payment is $16,467 based on 20% down at 6.5% interest.
Key features include: Built in 1957, 10 parking spaces.
This property is listed by Sandra Miller and can be reached at 3104602525 or sandra.miller@evrealestate.com.