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1027 12th Street

Santa Monica, CA 90403
  • $2,575,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: 25498865
$2,575,000
  • 5
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,095
    SQFT
  • $832
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Listing Agent(s): David Weinberger of Keller Williams Studio City (818-432-1500) and David Rothblum of ()


Description

Welcome to 1027 12th Street, a premier investment opportunity in the highly desirable Wilshire-Montana neighborhood of Santa Monica. This well-maintained fourplex offers a rare chance to own an income-producing property in one of LA's most sought-after coastal communities.1027 12th Street is a 3,095-square-foot residential income property comprised of four units. The property includes a well-maintained 2-Bed, 2-Bath detached home, a charming 1-Bed, 1-Bath detached bungalow-style unit in the middle of the courtyard, and two pristine 1-Bed + 1-Bath units located above a 5-car garage. This picturesque fourplex is set on a tranquil yard where residents enjoy the plush greenery and the Santa Monica breeze. The on-site laundry room has the potential to be a profit center, charging residents for their laundry to increase cashflow.1027 12th St is located in the coveted Wilshire-Montana neighborhood. One of the most walkable areas in Santa Monica, with tree-lined streets, boutique shops, and an eclectic mix of restaurants along Wilshire Boulevard and Montana Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T00:25:52.877. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160628417
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1027 12th Street Santa Monica, CA 90403

  • Price: $2,575,000
  • Status: Active
  • On Site: 26 Days
  • ID#: 25498865
5
Beds
0
Baths
0
½ Baths
0.17
Acres
3,095
SQFT
$832
$/SQFT
1930
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
Welcome to 1027 12th Street, a premier investment opportunity in the highly desirable Wilshire-Montana neighborhood of Santa Monica. This well-maintained fourplex offers a rare chance to own an income-producing property in one of LA's most sought-after coastal communities.1027 12th Street is a 3,095-square-foot residential income property comprised of four units. The property includes a well-maintained 2-Bed, 2-Bath detached home, a charming 1-Bed, 1-Bath detached bungalow-style unit in the middle of the courtyard, and two pristine 1-Bed + 1-Bath units located above a 5-car garage. This picturesque fourplex is set on a tranquil yard where residents enjoy the plush greenery and the Santa Monica breeze. The on-site laundry room has the potential to be a profit center, charging residents for their laundry to increase cashflow.1027 12th St is located in the coveted Wilshire-Montana neighborhood. One of the most walkable areas in Santa Monica, with tree-lined streets, boutique shops, and an eclectic mix of restaurants along Wilshire Boulevard and Montana Avenue.
Exterior Features

Architectural Style Bungalow Parking Features Private Parking Total 5 Patio And Porch Features Rear PorchFront Porch

Interior Features

Appliances Gas RangeOven Cooling Wall/Window Unit(s) Cooling YN Yes Flooring Tile Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 3.8 Disclosures Trust/Conservatorship Garage YN Yes Gross Income 145209 Laundry Features Common AreaInside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 98469 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning SMR2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T00:25:52.877. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): David Weinberger of Keller Williams Studio City (818-432-1500) and David Rothblum of ()