1243 12th Street
Santa Monica, CA 90401
36
Bed
36
Bath
18,832Sqft
15,007Sqft(Lot)
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, (6) 2-bed/1.5-bath, (6) 2-bed/2-bath, (2) 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 parking spaces, inclu
Property Details
Map
Map
What's Nearby
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Features
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Bedroom Information
Total beds: 36Bathroom Information
Total Baths: 36 -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Cooling: None
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Building Information
Year Built: 1959Building Area Total: 18832Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 15007 Lot Size Acres: 0.3445 Lot Size Source: Assessor Lot Size Square Feet: 15,007
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Listing Price Information
Listing Price: $5250000Original Price: $6000000
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Tax Information
Parcel Number: 4282005018
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Virtual Tour
Parking Information
Parking Total: 22 Covered, Driveway
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Location Information
Direction: South of Wilshire on 12th St
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1518 12th Street, Santa Monica, CA, 90401 | $5,300,000 | 32 | 24 | 14,840 | 14,840 SqFt |
| 1323 11th Street, Santa Monica, CA, 90401 | $3,750,000 | 13 | 10 | 7,098 | 7,098 SqFt |
| 1217 9th Street, Santa Monica, CA, 90401 | $5,100,000 | -- | -- | 4,770 | 4,770 SqFt |
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ByOwner last updated this listing 08/26/2026 @ 10:18
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