Property listed by Compass, Kenny Stevens 310-230-5478
$4,395,000
827 12th St. sits at the intersection of Montana Ave walkability, coastal proximity, and easy access to Downtown Santa Monica. This combination defines one of the Westside's most coveted residential pockets. Located just 1/2 block south of Montana Ave, and 1 mile from the beach and Downtown Santa Monica; the… Read More property offers a setting where tenant appeal is shaped by everyday convenience, established neighborhood character, and proximity to the coast, rather than short-term trends. The building is a well-maintained Spanish-style property that reflects the architectural character long associated with this stretch of Santa Monica. Stucco exteriors, clay tile roofing, and original detailing are complemented by mature landscaping and a thoughtfully designed central courtyard. Outdoor seating areas, greenery, and soft pathways create a sense of privacy and calm that feels residential rather than institutional, while still placing residents steps from one of the city's most active commercial corridors. The property comprises (6) total units, including (4) spacious 2-bdrm/2-bath units and (2) 1-bdrm units. units. The 2-bdrm. units average 1,350 SF, while the 1-bdrm. units average 525 SF. Together, the unit mix supports a range of tenant profiles, from long-term residents to professionals seeking proximity to Montana Ave, the coast, and Downtown SM. Select interiors have been renovated and are well maintained, featuring wood flooring, quartz countertops, stainless steel appliances, and updated cabinetry and tilework. Layouts are bright and airy, with generous living areas and ample natural light that reinforce the property's residential feel. The combination of classic architecture and modernized interiors aligns well with the expectations of Santa Monica's high-income renter base, where pride of residence and neighborhood connection matter. Additional amenities include (5) private 1-car garages, a meaningful feature in a neighborhood where parking is both limited and highly valued. The garages, paired with the courtyard layout and landscaping, further differentiate the property from more condensed apartment products in the area. Positioned steps from Montana Ave. 's boutiques, cafes, restaurants, and wellness destinations, and within close reach of the beach and Downtown Santa Monica, 827 12th St. offers a rare blend of location, scale, and character. The property represents a turnkey opportunity in one of the Westside's most established neighborhoods, where well-located, well-maintained assets remain tightly held and consistently sought after. Read Less
Listing Snapshot
Days Online
25
Last Updated
Beds
10
Square Ft.
6,746
Lot Size
0.17 Acres
Year Built
1927
MLS Number
26654315
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator, Dryer
Building
Built in 1927, Living area: 6746.0, 2 buildings, Building faces West, 2 stories, Levels: Two
Fireplaces
None
Floors
Tile, Wood
Heating
WallFurnace
Income
Gross Income: $303,336, Net Operating Income: $197,553
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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