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$4,200,000

1013 12th Street

Santa Monica, CA 90403

Active

1964

Year Built

Los Angeles

County

CommercialSale

Property Type

About this home

Prime north of Wilshire Boulevard 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 have 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 units turnover. This is your opportunity to acquire an outstanding income generating asset in the Westside's more desirable neighborhood.

Listed by Arthur Peter · DRE #01068613 · PAR Commercial Brokerage

MLS #1109051889

ListedMar 21, 2025

Property Details

Architecture

Stories2

StyleN/A

Total Units10

RoofN/A

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryN/A

Parking FeaturesN/A

Parking Total12

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.17 ac

Lot FeaturesN/A

ViewN/A

DirectionsLocated on 12th Street, north of Wilshire Boulevard, between California Avenue and Washington Avenue. From the 10 freeway headed west, exit Lincoln Boulevard, turn right. On Wilshire Boulevard, turn right, and then make a left hand turn onto 12th Street. It will be on the right hand side of the street when you are headed north on 12th Street.

Community

AreaC14 - Santa Monica

School DistrictN/A

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

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Mortgage Estimate

$22,354/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 6:15 PM

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