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Santa Monica

1013 12th Street

About This Property

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.

Neighborhood

This property is located in Santa Monica. Want to learn more about the area?

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Listing courtesy of PAR Commercial Brokerage

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$4,200,000

Est. Monthly Payment

$26,837/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Arthur Peter

PAR Commercial Brokerage