1050 12th St, Santa Monica, CA 90403
List Price: $3,800,000
On market
On marketJun 18, 20257,068 sqft10 beds10 baths
Listed by: Sandra Miller
License #: 01446377
Phone #: 310-460-2525
ENGEL & VÖLKERS Santa Monica
Source:
MLS #: 25553163
Property 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.
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$30,318
TurboHome Estimated Value
$2,910,600
$412 sqft
High Valuation
$3,056,130
$432/sqft
Normal Valuation
$2,910,600
$412/sqft
Low Valuation
$2,765,070
$391/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $412/sqft | $2,910,600 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
Loading map...
Comparative Value
$3.05M
$3.56M
$3.80M
824 Lincoln Blvd, Santa Monica, CA 90403
Sale Price: $3,050,000
Selected Comparable
948 5th St, Santa Monica, CA 90403
Sale Price: $3,560,000
Selected Comparable
1050 12th St, Santa Monica, CA 90403
List Price: $3,800,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT1050 12th St, Santa Monica, CA 90403
List: $3,800,000
Listed: 6/18/2025
Area:7,068 sqft
Price/sqft:$538
Beds:10
Baths:10
Year Built:—
Lot Size:7,514
Comparable Properties
COMPARABLEChoose comps
824 Lincoln Blvd, Santa Monica, CA 90403
Sale: $3,050,000
7/14/2025 • 0.43 mi
Area:6,480 sqft
Price/sqft:$471
Beds:10
Baths:11
Year Built:—
Weight:51.7%
948 5th St, Santa Monica, CA 90403
Sale: $3,560,000
1/28/2025 • 0.55 mi
Area:6,803 sqft
Price/sqft:$523
Beds:10
Baths:9
Year Built:—
Weight:48.3%
Subject Property
SUBJECT| Image | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1050 12th St, Santa Monica, CA 90403 | $3,800,000 | 7,068 | $538 | 7,514 | — | 6/18/2025 | 10 | 10 | — | — |
Comparable Properties
COMPARABLEChoose comps
| Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 824 Lincoln Blvd, Santa Monica, CA 90403 | $3,050,000 | 6,480 | $471 | 7,521 | 0.43 mi | 7/14/2025 | 10 | 11 | — | 51.7% | |
| 948 5th St, Santa Monica, CA 90403 | $3,560,000 | 6,803 | $523 | 7,527 | 0.55 mi | 1/28/2025 | 10 | 9 | — | 48.3% |
Nearby Listings
5 similar properties within 5 miles
List Price: $4,500,000
1419 Franklin St, Santa Monica, CA 90404
11 bd 10 ba 5,577 sqft
TurboHome Est. Value:
$4,313,500
List Price: $3,500,000
2807 Highland Ave, Santa Monica, CA 90405
10 bd 10 ba 6,180 sqft
TurboHome Est. Value:
$3,081,200
List Price: $3,595,000
11938 Dorothy St, Los Angeles, CA 90049
10 bd 10 ba 5,788 sqft
TurboHome Est. Value:
$3,817,200
How it Works
1
Meet your local TurboHome agent
We match you with an in-house licensed real estate agent who knows your market
2
We support your home-buying journey
Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3
You get big savings
You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
