1013 12th St , Santa Monica, CA 90403
$4,200,000
Est. Payment: $22,245.95/mo
0 Bed
0 Bath
7954 Sqft
Status: Active | Days on site: 551
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House Description

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.

Highlights

Listed by Arthur Peter , 310-395-2663 PAR Commercial Brokerage , 310-395-2663. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.17

Year Built

1964

County

Los Angeles

Area

C14 - Santa Monica

Listing ID

25514933

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:No Land Lease
Garage Capacity:12
Zoning:SMR2*
Others:
  • Additional:2+ Total Units
Principal Interest
$22,246
Taxes
$2,678

Home Price

$4,200,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$840,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$22,245.95

Principal

Taxes

Principal Taxes HOA Total
Monthly $22,245.95 $2,677.50 $0.00 $24,923.45
Yearly $266,951.45 $32,130.00 $0.00 $299,081.45
Total $8,008,543.38 $963,900.00 $0.00 $8,972,443.38

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Santa Monica, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T15:01:48.000Z

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