1050 12th Street Santa Monica, CA $ 3,800,000
1050 12th Street
$ 3,800,000
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1050 12th Street

Santa Monica, CA, 90403
$ 3,800,000
Baths0.0 Sq 7,068

Monthly Estimate*

$ 23,397

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Studio

Multi-Family Home for sale in Santa Monica, CA

for $3,800,000. This 7,068 square foot home was built in 1957 on a lot size of 0.17.

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.

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Multi-Family Active

Price

$ 3,800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.17

Year Built

1957

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0025553163

Features
General
Heating Wall Furnace
Zoning SMR2*
Architectural Style Traditional
Year Built 1957
Levels One
Accessibility Other
County Los Angeles
Net Operating Income 166945.0
New Construction No
Property Type C
HOA No
Facing Direction West
Status Active
City Santa Monica
Senior Community Y/N No
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 7517.0
Additional Parcels Y/N No
Structure Type None
Standard Status Active
Year Built Source Assessor
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Exterior
Fencing None
Parking Features Driveway
Water Source None
Lot Size Area 7517.0
Foundation Details None
Spa No
Pool Y/N? No
Building Area Total 7068.0
Lot Size Acres 0.17
Land Lease Type Fee
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Interior
Kitchen Appliances None
Total Stories 2
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Laundry Features None Community
Total Baths 0
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* Excluded Features
List By
Sandra Miller

Listing Agent

Engel & Völkers Santa Monica

Broker

Affordability Calculator

$23,397
Per Month
100%
0%
0%
Monthly Principal & Interest
$23,397
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/19/2025$3,800,000 Listed Price

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1050 12th Street, Santa Monica, CA, 90403 is a Multi-Family Home for sale at $3,800,000 with 7,068 sqft and a lot size of 0.17. 1050 12th Street is a studio with 0.0 baths and was built in 1957. The property's zip code is 90403 which is in Santa Monica, CA