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Property profile

1050 12th St Santa Monica, CA 90403

OFF-MARKET
Apartment buildings
Property ID
US09-6912741
7,068 SF 0.17 ac lot Built 1957
Last sale May 2004 · $1,968,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 10-unit apartment building is located in the Wilshire-Montana neighborhood of Santa Monica on 12th Street, providing convenient access to Montana Avenue and nearby shopping, cafés, dining, Palisades Park, and the beach. The property includes a mix of 1-bedroom and 2-bedroom units and totals 7,068 square feet. The building is served by a replaced roof and gutters, and electrical sub-panels were planned for installation in 2024 and 2025. The configuration includes units that can be delivered…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$34k
Tax billed · 2024
Assessed value$2.74M
Assessed land$1.95M
Assessed improvement$793k
Effective rate1.22%

Value estimate

· Oct 2026
$1.56M
$1.40M – $1.71M
CAP approach$1.75M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$385/SF
ZIP average, outlier-cleaned · 111 recorded sales of this use type
Observed band · Q1–Q3$228 – $533
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SMR2*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat12.1
Convenience Store12.0
Shoe Repair9.2

Location

1050 12th St Santa Monica, CA 90403-4217
County assessor Recorded deeds · 6 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2102 Montana, Santa Monica, CA 90403-2011 $2,700,000 Feb 2026 6,391 SF
833 15th, Santa Monica, CA 90403-1842 $3,145,000 Dec 2025 6,574 SF
917 5th, Santa Monica, CA 90403-2645 $4,175,000 Jul 2025 8,212 SF
1013 12th, Santa Monica, CA 90403-4254 $3,700,000 Mar 2025 7,954 SF
1017 5th, Santa Monica, CA 90403-3823 $4,050,000 Feb 2025 7,881 SF
1108 19th, Santa Monica, CA 90403-5625 $1,654,000 Dec 2024 7,592 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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