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Commercial Property — 1013 12th Street, Santa Monica, CA

$4,200,000

1013 12th Street, Santa Monica, CA

$4,200,000 — 1013 12th Street, Santa Monica, CA — photo 1 $4,200,000 — 1013 12th Street, Santa Monica, CA — photo 2 $4,200,000 — 1013 12th Street, Santa Monica, CA — photo 3 $4,200,000 — 1013 12th Street, Santa Monica, CA — photo 4 $4,200,000 — 1013 12th Street, Santa Monica, CA — photo 5
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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.

Property details

Square feet
7,954
Year built
1964
Property type
CommercialSale

Location

1013 12th Street • Santa Monica, CA 90403

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Listed by

Arthur Peter · PAR Commercial Brokerage

Listing courtesy of PAR Commercial Brokerage. Information deemed reliable but not guaranteed.

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