Santa Monica, CA 90403,1050 12th Street
Santa Monica, CA 90403,1050 12th Street
Santa Monica, CA 90403,1050 12th Street
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$3,800,000
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7,068 SqFt
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1050 12th Street Santa Monica, CA 90403

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

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


Bridge MLS
Listed by Sandra Miller • ENGEL & VÖLKERS Santa Monica

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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1050 12th Street