1050 12Th St Santa Monica, CA 90403
Property Features for 1050 12Th St
General Information
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1957
Source: ENGEL & VLKERS Santa Monica
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Santa Monica Multifamily Investment Opportunity
This 10-unit apartment building is located in the Wilshire-Montana neighborhood of Santa Monica, on 12th Street. The property features a mix of 1-bedroom and 2-bedroom units. The building benefits from a new roof, new gutters, and new sub-panels in 2024 and 2025. Residents have access to boutique shopping, cafes, and dining options on Montana Avenue, as well as Palisades Park and the beach. One unit will be delivered vacant. This property is suited for investors seeking long-term value in a coastal location with tenant demand and potential for rent increases.
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Longitude
- -118.4930253
- Latitude
- 34.0267484
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FAQs
What type of property is this?
Apartment building - 10-unit apartment building in prime Santa Monica location.
Where is this apartment building located?
The property is located at 1050 12Th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: - Prime Santa Monica location in the highly desirable Wilshire-Montana neighborhood.; - 10-unit apartment building with a mix of 1-bedroom and 2-bedroom units.; - Recent capital improvements: **New roof, gutters, and sub-panels (2024-2025).**