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11-Unit Apartment Building with Parking
For Sale
Contact for pricing
Pending

817 12th St, Santa Monica, CA 90403

Eleven-unit apartment building with 15 off-street spaces, including garages, plus four currently vacant units.

Property SizeContact for details
Days on Market117

Property Features for 817 12th St

General Information

Standard status Pending
Total Parking Spaces 15
Property subtype Multifamily

Additional Details

Multifamily Units 11

Building Details

Tenancy Multi
Listing Agency: Realty Investment Advisors
Listed By: Don Favia · License #CALIFORNIA DRE # 01841258
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Aug 5 at 3:53PM

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 Realty Investment Advisors

Investment Insights

Based on property information with market context.

817 12th Street is an 11-unit apartment building featuring a unit mix of two 3-bedroom, two-bath residences, five 2-bedroom, 1.5-bath residences, and four 2-bedroom, 1-bath residences. The property includes four currently vacant units, with two described as renovated and two described as available for additional transformation.

The building is located in Santa Monica’s Montana neighborhood, near the Montana Avenue retail strip and surrounded by schools. Parking is available with 15 off-street spaces, including garages and open spaces.

The current units are described as deed restricted affordability housing, and the remarks note potential alignment with Section 8. The property also presents an opportunity to add multiple Accessory Dwelling Units by converting existing garages and storage spaces that may not be bound by the deed restriction, as described in the offering materials.

Key Highlights

  • 11‑unit multifamily building in Santa Monica’s Montana neighborhood
  • Unit mix: two 3BD/2BA, five 2BD/1.5BA, and four 2BD/1BA residences
  • Four units currently vacant—two renovated and two ready for value‑add transformation

Property Analytics

Current Use

Lean Teen, Inc. Gym & Fitness Center

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Restaurant Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

10,487
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Eleven-unit apartment building with 15 off-street spaces, including garages, plus four currently vacant units.
Where is this apartment building located?
The property is located at 817 12th St Santa Monica, CA.
What are key features of this property?
This property features: 11‑unit multifamily building in Santa Monica’s Montana neighborhood; Unit mix: two 3BD/2BA, five 2BD/1.5BA, and four 2BD/1BA residences; Four units currently vacant—two renovated and two ready for value‑add transformation
(424) 377-6001 Call to check price and availability
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