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1050 12th ST Santa Monica CA 90403 MLS #25553163

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.

Property Details

Price:
$3,800,000
MLS #:
25553163
Status:
Active
Beds:
13
Baths:
10
Address:
1050 12th ST
Type:
Single Family
Neighborhood:
c14santamonica
City:
Santa Monica
Listed Date:
Jun 18, 2025
State:
CA
Finished Sq Ft:
7,068
Total Sq Ft:
7,068
ZIP:
90403
Lot Size:
7,517 sqft / 0.17 acres (approx)
Year Built:
1957

Schools

School District:
Santa Monica-Malibu Unified

Interior

Appliances
N O
Cooling
N O
Heating
W L
Laundry Features
C M

Exterior

Architectural Style
T R D
Parking Spots
10

Financial

Gross Operating Income
$250,044
Net Operating Income
$166,945

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1050 12th ST
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