THE HEARING FOR CONFIRMATION OF SALE & OVERBID FOR 1027 12TH ST. WILL BE HEARD ON: FRIDAY, JUNE 13TH, 2025 @8:30AM AT 111 N. HILL ST. LOS ANGELES, CA 90012 (DEPARTMENT 2D) SUPERIOR COURT OF CALIFORNIA - STANLEY MOSK COURTHOUSE. THE STARTING OVERBID AMOUNT IS $2,153,000.00. CONTACT… Read More LISTING AGENT FOR DETAILED INSTRUCTIONS. 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. Read Less
Property listed by Keller Williams Studio City, David Weinberger 818-432-1500
Listing Snapshot
Days Online
93
Last Updated
Property Type
Other
Beds
5
Square Ft.
3,095
Lot Size
0.17 Acres
Year Built
1930
MLS Number
25498865
30 Days Snapshot Of 90403
$2.00M
-25%
(avg) sold price
11
-45%
homes sold
48
-32%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasRange, Oven
Building
Built in 1930, Building area total: 3,095, Levels: Two, Living area: 3095, 2 stories, 3 buildings, Architectural style: Bungalow
Cooling
WallWindowUnits
Floors
Tile
Garage
5 spaces
Heating
WallFurnace
Income
Gross income: $145,209, Net operating income: $98,469
Laundry
CommonArea, Inside
Lot
0.1717 acres, 7,481 square feet, Size: 7,481
Parking
5 totals parking, Private
Property
Zoning: SMR2*, RearPorch, FrontPorch
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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