
Active Listing
Turnkey Complex by Montana Ave in Santa Monica
827 12th
for sale in
Santa Monica
Listed Price
$
4,490,000
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 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, 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.
6
Number of Units
1927
Year Built
6,746
SF
Square Footage
7,484
SF
Lot Size
SMR2
Zoning
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$748,333
Price p/ Sq. ft.
$665
Proforma Cap Rate
5.24%




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