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.
AGENT: Sandra Miller LISTING BROKERAGE: ENGEL & VÖLKERS Santa Monica
Courtesy of ENGEL & VÖLKERS Santa Monica. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1050 12th ST
Santa Monica, CA
Property Details
Price:
$3,800,000
MLS #:
25553163
Status:
Active
Beds:
13
Baths:
10
Type:
Single Family
Neighborhood:
c14santamonica
Listed Date:
Jun 18, 2025
Finished Sq Ft:
7,068
Total Sq Ft:
7,068
Lot Size:
7,517 sqft / 0.17 acres (approx)
Year Built:
1957
TraditionalC14 – Santa MonicaC14santamonicaSanta Monica-malibu UnifiedNone
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Schools
School District:
Santa Monica-Malibu Unified
Interior
Appliances
NO
Cooling
NO
Heating
WL
Laundry Features
CM
Levels
A
Exterior
Accessibility Features
NO
Architectural Style
TRD
Attached Garage YN
1
Direction Faces
W
Garage Spaces
8
Parking Spots
10
Parking Total
10
Patio And Porch Features
NO
Spa Features
NO
View
NO
Financial
Gross Operating Income
$250,044
Net Operating Income
$166,945
Map
Community
- Address1050 12th ST Santa Monica CA
- CitySanta Monica
- CountyLos Angeles
- Zip Code90403
