Properties
Santa Monica, CA 90403 1050 12th Street
$3,800,000
24 more
Presented By: Sandra Miller with ENGEL & VÖLKERS Santa Monica;
Beds • 13
Baths • 7
SQFT • 7,068
Garage • 8
Home Details
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.
Presented By: Sandra Miller with ENGEL & VÖLKERS Santa Monica;
Interior Features for 1050 12th Street
Bedrooms
Total Bedrooms13
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths10
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
General for 1050 12th Street
AccessibilityNone
Additional Parcels Y/NNo
Architectural StyleTraditional
Attached Garage Yes
CitySanta Monica
CoolingNone
CountyLos Angeles
DirectionsNorth of Wilshire, South of Montana
DisclosuresTrustConservatorship
Facing DirectionWest
Full Baths
Garage Spaces8
Garage Y/NYes
Gross Income250044
HOANo
HeatingWallFurnace
High School DistrictSanta Monica-Malibu Unified
LevelsOne
Living Area7068
Lot Size Square Feet7517
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
Net Operating Income166945
New ConstructionNo
Number Of Units Total10
Occupancy TypeTenant
Open Parking Spaces2
Patio/Porch FeaturesNone
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCitySANTA MONICA
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
ViewNone
Year Built1957
Year Built SourceAssessor
ZoningSMR2*
Exterior for 1050 12th Street
Building Area Total7068
Lot Size Acres0.1726
Lot Size Area7517
Lot Size SourceAssessor
Number of Buildings1
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking10
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Big Hollow Elementary School
