Keegan Cin | Realtor® | License # DRE 01971604

Property

Santa Monica, CA 90403 827 12th Street

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Presented By: Kenny Stevens with Compass;
  • MLS# 25503521
  • 02/26/2025
  • Request Tour
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  • Beds • 10
  • Baths • 8
  • SQFT • 6,746
  • Garage • 5
  • Year Built • 1927

Home Details

***2nd $500,000 price reduction - $1,000,000 total reduction from original listed price*** Nestled in one of Santa Monica's most sought-after neighborhoods, 827 12th Street is a well-maintained Spanish-style gem that embodies the quintessential SoCal lifestyle. Just half a block south of Montana Avenue, residents enjoy easy access to premier boutiques, world-class dining, and top-tier wellness destinations. With the beach and Downtown Santa Monica less than a mile away, this property offers the perfect balance of relaxation and convenience. The building is comprised of (4) spacious 2-bdrm. 1.5-bath units and (2) 1-bdrm. units, with the 2-bed units averaging approx. 1,350 SF and 1-bed units approx. 525 SF. Renovated interiors feature wood flooring, quartz countertops, stainless steel appliances, and updated cabinetry and tilework. Bright, airy layouts and modern finishes make these units highly desirable in an area known for attracting high-net-worth tenants who take pride in their homes and community. The property is surrounded by lush landscaping, offering a tranquil communal courtyard for residents to enjoy. Additional amenities include five private 1-car garages, ensuring ample parking and convenience. This is a rare opportunity to own a turnkey investment in one of the most affluent and high-demand rental markets on the Westside. Don't miss your chance to secure a timeless asset in Santa Monica's most coveted location.
Presented By: Kenny Stevens with Compass;

Interior Features for 827 12th Street

Bedrooms

Total Bedrooms10

Bathrooms

Half Baths0
Total Baths8
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile, Wood
Heating Y/NYes
Total Stories2

General for 827 12th Street

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Refrigerator, Dryer, Washer
Architectural StyleSpanish
Attached Garage No
Cap Rate4.3
Carport Y/NNo
CitySanta Monica
Community FeaturesGated
CoolingNone
CountyLos Angeles
DirectionsLocated 1/2 block south of Montana Ave. and 1 mile from Downtown Santa Monica and the Beach.
Electric On Property Y/NNo
Facing DirectionWest
Full Baths
Garage Spaces5.0
Garage Y/NYes
Gross Income299736.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7484.0
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income193175.0
New ConstructionNo
Number Of Units Total6
Occupancy TypeTenant
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
ViewNone
Year Built1927
ZoningSMR2*

Exterior for 827 12th Street

Building Area Total6746.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1718
Lot Size Area7484.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage
Private PoolNo
SpaNo
Total Parking5.0
WaterfrontY/NNo

Additional Details

Price History

Keegan Cin

Team Lead
Price $4,490,000
MLS#25503521
List Date 02/26/2025
Property Type Multi-Family
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