Exterior view of a two-story apartment building with three garage doors and parked cars on a sunny day.

Trophy 10-Unit Asset in Prime Santa Monica Location

$3,800,000
  • 13 Rooms
  • 10 Bathrooms
  • ~656.64 m² Total surface
  • ~656.64 m² Living area

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.
Features
Air-conditioningGarage
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Engel & Völkers

Your advisor: Sandra Miller

Property ID: AM-5083771

Property details
  • Property type

    Other

  • Rooms

    13

  • Bathrooms

    10

  • Number of Floors

    2

  • Parking spaces

    10

  • Total surface

    ~656.64 m²

  • Living area

    ~656.64 m²

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Avenue Real Estate Santa Monica, Inc.

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