1937 12th Street, Santa Monica, CA 90404

1937 12th St is a charming six-unit multifamily property in Santa Monica, offered for the first time in over 40 years. With five single-car garages, completed soft-story retrofit, professionally managed for years, and a location near the beach and the rejuvenated Pico Boulevard's neighborhood amenities, the property offers an appealing opportunity to acquire a long-held apartment investment in one of the Westside's most desirable coastal communities. The property totals approximately 3,954 square feet on an approximately 7,497 square foot lot. The unit mix includes one two-bedroom, one-bath residence and five one-bedroom, one-bath residences, including two upstairs junior one-bedrooms. At the front of the property, a bungalow-style facade, covered porch and landscaped walkway create a welcoming residential character that distinguishes the offering from a larger apartment complex.Parking is a notable part of the appeal. Five single-car garages provide valuable enclosed parking,...