Welcome to 1027 12th Street, a premier investment opportunity in the highly desirable Wilshire-Montana neighborhood of Santa Monica. This well-maintained fourplex offers a rare chance to own an income-producing property in one of LA’s most sought-after coastal communities.1027 12th Street is a 3,095-square-foot residential income property comprised of four units. The property includes a well-maintained 2-Bed, 2-Bath detached home, a charming 1-Bed, 1-Bath detached bungalow-style unit in the middle of the courtyard, and two pristine 1-Bed + 1-Bath units located above a 5-car garage. This picturesque fourplex is set on a tranquil yard where residents enjoy the plush greenery and the Santa Monica breeze. The on-site laundry room has the potential to be a profit center, charging residents for their laundry to increase cashflow.1027 12th St is located in the coveted Wilshire-Montana neighborhood. One of the most walkable areas in Santa Monica, with tree-lined streets, boutique shops, and an eclectic mix of restaurants along Wilshire Boulevard and Montana Avenue.
Property Details
Price:
$2,575,000
MLS #:
25498865
Status:
Active
Baths:
0
Address:
1027 12th Street
Type:
Residential Income
Neighborhood:
c14santamonica
City:
Santa Monica
Listed Date:
Feb 18, 2025
State:
CA
ZIP:
90403
Lot Size:
7,481 sqft / 0.17 acres (approx)
Year Built:
1930
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Schools
Interior
Appliances
Oven, Gas Range
Cooling
Wall/ Window Unit(s)
Flooring
Tile
Heating
Wall Furnace
Exterior
Garage Spaces
5.00
Parking Features
Private
Parking Spots
5.00
Stories Total
2
Financial
Map
Community
- Address1027 12th Street Santa Monica CA
- AreaC14 – Santa Monica
- CitySanta Monica
- CountyLos Angeles
- Zip Code90403
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1027 12th Street
Santa Monica, CA
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