827 12th St - Apartments FOR SALE


Santa Monica, CA 90403- Wilshire Montana
$4,990,000 USD
310-940-8749
827 12th St, Santa Monica, CA for Sale
$4,990,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

827 12th St
Santa Monica, CA 90403
Wilshire Montana


HIGHLIGHTS

  • Located 1/2 block south of Montana Ave - home to dozens of unique boutiques, world-class dining, cutting-edge wellness and relaxation.
  • Less than 1 mile from the Beach and Downtown Santa Monica - a location that embodies the quintessential SoCal lifestyle.
  • Renovated 2-bdrm. units feature wood flooring, quartz countertops, stainless-steel appliances, updated cabinetry, and tilework.
  • Comprised of (4) 2-bdrm. and 1.5-bath units that averaging approx. 1,350 SF and (2)1-bdrm. units averaging approx. 525 SF.
  • Property amenities include well-maintained landscaping, communal courtyard, and (5) 1-car garages.

OVERVIEW

***$500,000 price reduction*** Nestled in one of Santa Monica's most sought-after neighborhoods, 827 12th Street is a well-maintained Spanish-style gem that embodies the quintessential SoCal lifestyle. Just half a block south of Montana Avenue, residents enjoy easy access to premier boutiques, world-class dining, and top-tier wellness destinations. With the beach and Downtown Santa Monica less than a mile away, this property offers the perfect balance of relaxation and convenience. The building is comprised of (4) spacious 2-bdrm. 1.5-bath units and (2) 1-bdrm. units, with the 2-bed units averaging approx. 1,350 SF and 1-bed units approx. 525 SF. Renovated interiors feature wood flooring, quartz countertops, stainless steel appliances, and updated cabinetry and tilework. Bright, airy layouts and modern finishes make these units highly desirable in an area known for attracting high-net-worth tenants who take pride in their homes and community. The property is surrounded by lush landscaping, offering a tranquil communal courtyard for residents to enjoy. Additional amenities include five private 1-car garages, ensuring ample parking and convenience. This is a rare opportunity to own a turnkey investment in one of the most affluent and high-demand rental markets on the Westside. Don't miss your chance to secure a timeless asset in Santa Monica's most coveted location.

FOR SALE DETAILS

PRICE

$4,990,000 USD

PRICE/SF

$740 USD /SF

# OF UNITS

6

PRICE/UNIT

$831,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$500K Reduction by Montana Ave - 6 Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,484 SF

ZONING

R3, Santa Monica

APN/PARCEL ID

4281-016-015

ASK ABOUT THIS PROPERTY

Kenny StevensCompassMore Info
310-940-8749

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Kenny StevensCompassMore Info
310-940-8749

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.