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Four-Unit Multifamily Property

1124 12th St, Santa Monica, CA 90403

For Sale
$2,995,000

The four residences can be delivered vacant, with a front home and three apartments in the rear structure.

Property Size3,271 SF
Price / SF$915.62
Days on Market21

Property Features for 1124 12th St

General Information

Standard status Active
Size 3,271 SF
Total Parking Spaces 4
Property subtype Income

Site & Location

Neighborhood Wilshire

Units

Unit Mix 1 x 3BR/2BA, 3 x 1BR/1BA
Multifamily Units 4

Amenities

storage units
on-site laundry room

Building Details

Year Built 1914
Buildings 2
Construction California bungalow
Listing Agency: The Hills Premier Realty
Listed By: Michelle Kim
Source: Forwardinglewood
Added: Oct 19 Changed: Nov 7 Last Checked: Nov 7 at 1:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Hills Premier Realty

Rey
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Investment Insights

Based on property information with market context.

At 1124 12th St in Santa Monica, this four-residence property combines a front bungalow with a rear building containing three one-bedroom, one-bathroom apartments. The 3,271-square-foot property was built in 1914. The front home has three bedrooms, two bathrooms, an office, hardwood floors, in-unit laundry and a private backyard. All units can be delivered vacant.

Gated parking accommodates up to four cars. The property also includes private garages, storage units and a shared laundry room. The beach, dining and shopping are a short distance away.

Key Highlights

  • Four residences: a three‑bedroom, two‑bathroom front home and three rear one‑bedroom, one‑bathroom apartments
  • All units can be delivered vacant
  • 3,271 square feet; built in 1914

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

7,345
Businesses Nearby

Demographics for 90403, CA

25,278
Population
14,853
Households
1.7
Avg Household Size
42
Median Age
72%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
18,056
Density / Sq Mi
$121,512
Median Household Income
$82,557
Median Earnings
$2,443
Median Rent
$1,553,500
Median Home Value
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Market

Average Price Trend$/SF for Multifamily properties in Santa Monica, CA

$711 Jul
$694 Aug
$686 Sep
$706 Oct

Properties on Market for Multifamily properties in Santa Monica

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The four residences can be delivered vacant, with a front home and three apartments in the rear structure.
Where is this multifamily property located?
The property is located at 1124 12th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Four residences: a three‑bedroom, two‑bathroom front home and three rear one‑bedroom, one‑bathroom apartments; All units can be delivered vacant; 3,271 square feet; built in 1914
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