
Active Listing
Turnkey Complex by Montana Ave in Santa Monica
827 12th
for sale in
Santa Monica
Listed Price
$
4,395,000
6
Number of Units
1927
Year Built
6,746
SF
Square Footage
7,484
SF
Lot Size
SMR2
Zoning
827 12th St, Santa Monica, CA 90403
About the Property
827 12th is a classic Santa Monica multifamily property located just half a block south of Montana Avenue—one of the most coveted residential corridors on the Westside of Los Angeles multifamily real estate. This Spanish-style six-unit building offers a rare combination of architectural character, turnkey interiors, and walkable access to the beach, high-end retail, and world-class dining.
The unit mix consists of (4) expansive two-bedroom, 1.5-bath units averaging approximately 1,350 square feet and (2) one-bedroom units at roughly 525 square feet. Interiors have been thoughtfully renovated with hardwood flooring, quartz countertops, stainless steel appliances, and updated cabinetry and tilework. Large, sun-filled layouts and tasteful finishes attract discerning tenants in a submarket known for its high-income, long-term renter base.
Surrounded by mature landscaping, 827 12th features a tranquil central courtyard—a lush, private retreat for residents to relax and unwind. Additional amenities include five private one-car garages, a premium parking feature in this high-demand neighborhood. With Montana Avenue’s boutiques, cafés, and wellness studios just steps away—and the beach and Downtown Santa Monica within walking distance—this location continues to command top-of-market rents and low vacancy rates.
Offered as a stabilized and well-maintained Los Angeles multifamily asset, 827 12th presents a rare opportunity to acquire a timeless Westside investment property in one of Southern California’s most affluent and supply-constrained rental markets. Whether held for long-term income or positioned for future appreciation, this Santa Monica multifamily offering delivers on every front: location, quality, and enduring value.
827 12th St.
Westside / SM / Venice
Offering Price
$
Number of Units
6 Units
Price per. Unit
$732,500
Bldg. Size
6,746 SF
Price per Foot
$665
Lot Size
7,484 SF
Year Built
1927
Current CAP
4.49
Market CAP
5.40
Zoning
SMR2
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$732,500
Price p/ Sq. ft.
$665
Proforma Cap Rate
5.40




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