14
Bedrooms
Sold for $3,700,000 · May 2025
SOLDListed at $4,200,000
Santa Monica, CA
MLS# 25515577
Arthur Peter
Listing Agent
PAR Commercial Brokerage
DRE #: 01068613
Brokerage: PAR Commercial Brokerage
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
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.
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1 recorded sale
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.
| Quarter | Closed sales in 90403 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $1,552,500 |
| Q2 2026 | 50 | $1,575,000 |
| Q3 2026 | 37 | $1,865,000 |
| Q4 2026 | 12 | $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
Closed sales reported in 90403, nearest first, last 12 months. All recent sales in Santa Monica →
1013 12th Street
Contact Arthur Peter
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Contact Listing Agent
PAR Commercial Brokerage
DRE #01068613
Contact information is not available for this listing.