***2nd $500,000 price reduction - $1,000,000 total reduction from original listed price*** Nestled in one of Santa Monica's most sought-after neighborhoods, 827 12th Street is a well-maintained Spanish-style gem that embodies the quintessential SoCal lifestyle. Just half a block south of Montana Avenue, residents enjoy easy access to premier boutiques,… Read More world-class dining, and top-tier wellness destinations. With the beach and Downtown Santa Monica less than a mile away, this property offers the perfect balance of relaxation and convenience. The building is comprised of (4) spacious 2-bdrm. 1.5-bath units and (2) 1-bdrm. units, with the 2-bed units averaging approx. 1,350 SF and 1-bed units approx. 525 SF. Renovated interiors feature wood flooring, quartz countertops, stainless steel appliances, and updated cabinetry and tilework. Bright, airy layouts and modern finishes make these units highly desirable in an area known for attracting high-net-worth tenants who take pride in their homes and community. The property is surrounded by lush landscaping, offering a tranquil communal courtyard for residents to enjoy. Additional amenities include five private 1-car garages, ensuring ample parking and convenience. This is a rare opportunity to own a turnkey investment in one of the most affluent and high-demand rental markets on the Westside. Don't miss your chance to secure a timeless asset in Santa Monica's most coveted location. Read Less
Property listed by Compass, Kenny Stevens 310-230-5478
Listing Snapshot
Days Online
87
Last Updated
Property Type
Other
Beds
10
Square Ft.
6,746
Lot Size
0.17 Acres
Year Built
1927
MLS Number
25503521
30 Days Snapshot Of 90403
$2.17M
-19%
(avg) sold price
15
-25%
homes sold
56
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Building
Built in 1927, Building area total: 6,746, Levels: Two, Living area: 6746, 2 stories, 2 buildings, Architectural style: Spanish
Community
Gated
Cooling
None
Floors
Tile, Wood
Garage
5 spaces
Heating
Central
Income
Gross income: $299,736, Net operating income: $193,175
Lot
0.1718 acres, 7,484 square feet, Size: 7,484
Parking
5 totals parking, DoorSingle, Garage
Property
Zoning: SMR2*, None
Security Features
GatedCommunity
Find The Perfect Home
'VIP' Listing Search
Join our email list to have access to the best off market listings in Los Angeles.
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
