1050 12th Street, Santa Monica, CA 90403

0 beds 0 baths 7,517 sq.ft.

Offerered at: $3,800,000.00

County: Los Angeles
Year Built: 1957
Association Fees: $0.00/mo.

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.

ESSENTIAL INFO

  • Status: Active
  • Architecture: Traditional