827 12th St - Apartments FOR SALE


Santa Monica, CA 90403- Wilshire Montana
$4,395,000 USD
310-968-7005
827 12th St, Santa Monica, CA for Sale
$4,395,000 USD
Apartments - FOR SALE
1/22
null | 4.49% Cap Rate

827 12th St
Santa Monica, CA 90403
Wilshire Montana


HIGHLIGHTS

  • Located 1/2 block south of Montana Ave. and less than 1.5 mile from the Pacific Ocean and Downtown Santa Monica.
  • Spanish-style courtyard property featuring stucco exteriors, clay tile roofing, mature landscaping, and a thoughtfully designed central courtyard.
  • Comprised of (6) units including (4) spacious 2-bdrm. / 2-bath units averaging 1,350 SF and (2) 1-bdrm. units averaging 525 SF.
  • Select interiors updated with wood flooring, quartz countertops, stainless steel appliances, refreshed cabinetry, and modern tilework.
  • Five private 1-car garages provide highly valued off-street parking in a neighborhood where parking remains limited.

OVERVIEW

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 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.

FOR SALE DETAILS

PRICE

$4,395,000 USD

PRICE/SF

$651 USD /SF

# OF UNITS

6

PRICE/UNIT

$732,500

CAP RATE

4.49%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Montana & 12th | 1.5 Miles to Ocean | 6 Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,611 SF

ZONING

R3, Santa Monica

APN/PARCEL ID

4281-016-015

ASK ABOUT THIS PROPERTY

Kenny StevensCompassMore Info
310-968-7005

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Kenny StevensCompassMore Info
310-968-7005

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.