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$ 3,700,000
$ 4,200,000 11.9%
Est. payment /mo
Sold on 05/31/2025
1013 12th ST Santa Monica, CA 90403
14 Beds
13 Baths
7,954 SqFt
UPDATED:
Key Details
Sold Price $3,700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,954 sqft
Price per Sqft $465
MLS Listing ID 25515577
Bedrooms 14
Year Built 1964
Lot Size 7,527 Sqft
Property Description
Prime North of Wilshire ten (10) unit apartment building for sale. Fantastic unit mix of three (3) 2 bed + 2 bath, one (1) 2 bed + 1 bath and six (6) 1 bed + 1 bath units which has been well maintained by the same family for the last 40+ years. Walking distance to trendy Montana Avenue, Palisades Park, the beach and located in Santa Monica's best school district. The building boasts large units with excellent onsite parking. This core investment has enormous upside in rents as the unit's turnover. This is your opportunity to acquire an outstanding income generating asset in the Westsides most desirable neighborhood.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate
Laundry Common Area
Exterior
Parking Features Covered
Pool None
Building
Sewer Other
New Construction No
Others
Special Listing Condition Standard
Listed by Arthur Peter • PAR Commercial Brokerage
Bought with Sam Alexander • Radius Agent Realty
Bought with Sam Alexander • Radius Agent Realty