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1243 12th Street, Santa Monica, CA 90401

Local realty services provided by:CENTURY 21 Jordan-Link
1243 12th Street,Santa Monica, CA 90401
$6,000,000
  • 36 Beds
  • 36 Baths
  • 18,832 sq. ft.
  • Multi-family
  • Active
Listed by: benjamin lewin
Office: marcus & millichap
MLS#:25630313
Source:CRMLS

Price summary

  • Price:$6,000,000
  • Price per sq. ft.:$318.61

About this home

1243 & 1247 12th St consist of two adjacent ten-unit apartment buildings located between Wilshire Blvd and Arizona Ave in prime Santa Monica, approximately 12 blocks from the beach. Built in 1959, the properties total 18,832 square feet of improvements on a 15,007-square-foot double lot with two separate APNs, offering long-term ownership, financing, and disposition flexibility. Each building is approximately 9,416 square feet, and together the portfolio features an attractive and highly functional 20-unit mix comprised of (4) 1-bed/1-bath, (5) 2-bed/1.5-bath, (8) 2-bed/2-bath, (1) 3-bed/1.5-bath, and (2) 3-bed/2-bath units. This balanced mix appeals to a wide renter base and positions the asset for long-term revenue growth as turnover occurs. The property provides 22 total parking spaces, including six tandem spaces in the front and ten standard spaces in the rear, along with controlled-access gated entry and on-site laundry facilities that generate consistent ancillary income. The

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Home facts

  • Year built:1959
  • Listing ID #:25630313
  • Added:1 day(s) ago
  • Updated:December 22, 2025 at 07:23 PM

Rooms and interior

  • Bedrooms:36
  • Total bathrooms:36
  • Living area:18,832 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1959
  • Building area:18,832 sq. ft.
  • Lot area:0.34 Acres

Finances and disclosures

  • Price:$6,000,000
  • Price per sq. ft.:$318.61
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