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Sold for $3,700,000 · May 2025

SOLD

Listed at $4,200,000

Sold

1013 12th Street, Santa Monica, CA 90403

Santa Monica, CA

MLS# 25515577

7,954 Sq Ft • Property14bd • 13ba
1 day on market

Listing Agent

Arthur Peter

Listing Agent

PAR Commercial Brokerage

DRE #: 01068613

Brokerage: PAR Commercial Brokerage

Property Details

14

Bedrooms

13

Bathrooms

7,954 sqft

Square Feet

1964

Year Built

7,525 sqft

Lot Size

$465

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

Prime North of Wilshire 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 has 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 unit's turnover. This is your opportunity to acquire an outstanding income generating asset in the Westsides most desirable neighborhood.

Listing description from the May 2025 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Cooling
None
Heating
WallFurnace

Sale history for 1013 12th Street

1 recorded sale

$3,700,000
Sold May 2025 · listed $4,200,000, on market March 2025, 1 days on market · MLS #25515577 · Source: CRMLS
Listing Agent: Arthur Peter · Listing Office: PAR Commercial Brokerage · Contact: 310-395-2663 · Bought with: Sam Alexander · Radius Agent Realty

How this sale compares

1013 12th Street sold for $3,700,000 in May 2025, 12% under its $4,200,000 list price, after 1 days on the market. That works out to $465 per square foot on 7,954 square feet. Across 103 closed sales in 90403 over the last 12 months, the median sold price is $1,725,000 and the median is $982 per square foot, 111% above this sale's $465.

$465
This sale, per sq ft
$982
90403 median per sq ft (12 mo)
$1,725,000
90403 median sold price (12 mo)
103
Closed sales in 90403 (12 mo)
1
Days on market
−12%
Sold vs. list price
QuarterClosed sales in 90403Median sold price
Q1 20264$1,552,500
Q2 202650$1,575,000
Q3 202637$1,865,000
Q4 202612$1,710,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Monica · Homes for sale in 90403

Recent sales near 1013 12th Street

Closed sales reported in 90403, nearest first, last 12 months. All recent sales in Santa Monica →

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