Main Content

1027 12th St. Santa Monica, CA 90403

  • 5 Beds
  • 5 Baths
  • 3,095 SQFT
Description

Welcome to 1027 12th Street, a premier investment opportunity in the highly-desirable Wilshire-Montananeighborhood of Santa Monica. This well-maintained fourplex offers a rare chance to own an income-producing property in one of LA’s most sought-after coastal communities. 1027 12th St. is a 3,095 SF residential income property comprised of four units. The front includes a well-maintained 2-Bed+2-Bath detached home, a charming 1-Bed+1-Bath detached bungalow-style unit in the middle of the courtyard,and 2 pristine 1-Bed+1-Bath units located above a 5-car garage.This picturesque fourplex is set on a tranquil yard where residents enjoy the plush greenery and the Santa Monica breeze.The 5-car garage is a major convenience for Santa Monicaresidents, where parking can be challenging. The onsite laundry room has the potential to be a profit center, charging residents for their laundry to increase cashflow. 1027 12th St. is located in the coveted Wilshire-Montana neighborhood. One of the most walkable areas in Santa Monica, with tree-lined streets, boutique shops, and an eclectic mix of restaurants along Wilshire Blvd. and Montana Ave.

Share Property
Location

1027 12th St., Santa Monica, CA 90403

Status

Active

Concessions

SELLER WILL CONSIDER BUYER AGENT COMPENSATION

Features

Offered At:
$2,575,000
Bedrooms:
5
Bathrooms:
5
Living Area:
3,095 SQFT
Lot Area:
7,479 SQFT
Year Built:
1930
Garage:
5
Status:
Active

Video Tour

Virtual Tour Play
Play Video
Showing Photo

Schedule Showing

Schedule Showing

We look forward to showing you our listing. Please select your preferred date and time below. We will be in touch shortly to confirm your appointment.

    Mortgage Calculator

    Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

    i
    Home Price

    The price of the home you wish to purchase. This can be either the listing price or your offer price.

    i
    Term

    The length of the loan program. The default is 30 years, but you can adjust according to your loan program.

    20%
    i
    Down Payment

    The amount that you plan to put down on the home. Increasing the down payment will lower your monthly mortgage.

    i
    Property Tax

    The amount of tax per month on your home.

    6%
    i
    Interest Rate

    The percent interest on your loan. This percentage is typically influenced by the current market, as well as your financial health.

    i
    HOA Dues

    Homeowners association fees. These fees may be owed in order to maintain and improve properties in the association.

    RESET
    Principal and Interest
    i
    Principal and Interest

    The percent interest on your loan. This percentage is typically influenced by the current market, as well as your financial health.

    Property Taxes
    i
    Property Taxes

    The amount of tax per month on your home.

    HOA Dues
    i
    HOA Dues

    Homeowners association fees. These fees may be owed in order to maintain and improve properties in the association.

    DISCLAIMER: The information found in these calculators are to be used as a guide, and is deemed reliable, but not guaranteed. Please contact your mortgage broker for more exact costs.

    Footer Work With Us

    Work With Us

    Looking forward to connecting with you on your real estate needs in Southern California and beyond.