Welcome to 1027 12th Street, a premier investment opportunity in the highly desirable Wilshire-Montana neighborhood 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 Street is a 3,095-square-foot residential income property comprised of four units. The property 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 two 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 on-site 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 Boulevard and Montana Avenue.
Sold for $2,050,000
Street View
$2,050,000
1027 12th St, Santa Monica, CA 90403
5beds
5baths
3,095sqft
Multi Family
Built in 1930
-- sqft lot
$2,042,900 Zestimate®
$662/sqft
$6,374 Estimated rent
Home value
$2,042,900
$1.84M - $2.27M
$6,374/mo
Zestimate® history
Owner options
List your home for rent
$6,374/mo
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$6,374/mo
Rent Zestimate®
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$13,216/mo
Est. payment
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$13,216/mo
Est. payment
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List your homeWhat's special
Tranquil yardTree-lined streetsSanta monica breezePlush greenery
Zillow last checked:
Listing updated:
Listed by:
David Weinberger DRE # 01349349 818-970-0915,
Keller Williams Studio City 818-432-1500,
David Rothblum DRE # 01332525 323-487-1155,
RE/MAX One
Bought with:
David Messiah, DRE # 02117893
Lyon Stahl Investment Real Estate, Inc.
Source: CLAW,MLS#: 25498865
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Bathroom
- Features: Tile, Shower Over Tub
Kitchen
- Features: Tile Counters
Heating
- Wall
Cooling
- Wall/Window Unit(s), Wall Unit(s), Ceiling Fan(s)
Appliances
- Included: Oven, Gas/Electric Range, Range/Oven
- Laundry: Inside, Laundry Area, Common Area
Features
- Turnkey, Built-in Features, Built-Ins
- Flooring: Vinyl Plank, Tile
Interior area
- Total structure area: 3,095
- Total interior livable area: 3,095 sqft
Property
Parking
- Total spaces: 5
- Parking features: Private, Private Garage, Garage - 4+ Car
- Garage spaces: 5
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Rear Porch
Lot
- Size: 7,479 sqft
- Features: City Lot
Details
- Additional structures: Accessory Bldgs
- Parcel number: 4281018020
- Zoning: SMR2*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Condition
- Year built: 1930
Community & neighborhood
Location
- Region: Santa Monica
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2025 | Sold | $2,050,000-20.4%$662/sqft |
Source:  CLAW #25498865 Report a problem | ||
| 4/21/2025 | Contingent | $2,575,000$832/sqft |
Source: CLAW #25498865 Report a problem | ||
| 2/18/2025 | Listed for sale | $2,575,000$832/sqft |
Source: CLAW #25498865 Report a problem | ||
| 8/23/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/20/2022 | Listed for rent | $2,825$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,698 +5.9% | $201,707 +2% |
| 2024 | $3,491 +1.7% | $197,753 +2% |
| 2023 | $3,433 +2% | $193,876 +2% |
| 2022 | $3,367 +3.9% | $190,075 +2% |
| 2021 | $3,240 +0.8% | $186,349 +1% |
| 2020 | $3,213 | $184,439 +2% |
| 2019 | $3,213 +10.2% | $180,823 +2% |
| 2018 | $2,916 | $177,279 +2% |
| 2017 | $2,916 +1.1% | $173,803 +2% |
| 2016 | $2,885 +4.4% | $170,396 +1.5% |
| 2015 | $2,763 +1.4% | $167,837 +2% |
| 2014 | $2,725 | $164,551 +4.5% |
| 2011 | -- | $157,450 +0.8% |
| 2010 | -- | $156,275 -0.2% |
| 2009 | -- | $156,647 +2% |
| 2008 | -- | $153,576 +2% |
| 2007 | -- | $150,566 +2% |
| 2006 | -- | $147,615 |
| 2005 | -- | $147,615 +8.1% |
| 2002 | -- | $136,556 +4% |
| 2000 | -- | $131,256 |
Find assessor info on the county website
Neighborhood: Wilshire/Montana
Nearby schools
GreatSchools rating
- 9/10Roosevelt Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Lincoln Middle SchoolGrades: 6-8Distance: 0.2 mi
- 9/10Santa Monica High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$2,042,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,042,900
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