New
New
Trophy 10-Unit Asset in Prime Santa Monica Location
$3,800,000
Description
Invest in one of Santa Monica's most sought-after corridors. Located in the heart of Wilshire-Montana on a charming tree-lined stretch of 12th Street, this 10-unit apartment building offers a desirable mix of 1-bedroom, and 2-bedroom units. New Roof, new gutters and new sub-panels in 2024 and 2025. Tenants enjoy immediate access to the vibrant offerings on Montana Avenue just a few blocks away, where boutique shopping, cozy cafes, and some of the Westside's best dining create a true neighborhood experience. Easy access to Palisades Park and the beach. This is an ideal opportunity for investors seeking long-term value in a trophy coastal location with consistent tenant demand, well-maintained interiors, and the potential for rent upside. One unit delivered vacant.
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Property details
Property type
Other
Rooms
13
Bathrooms
10
Number of Floors
2
Parking spaces
10
Total surface
~657 m²
Living area
~657 m²
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Engel & Völkers
Provider:
Avenue Real Estate Santa Monica, Inc.
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