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$5,250,000
36 Beds 36 Baths 25630313 MLS
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, including six tandem spaces at the front and ten standard spaces at the rear, along with a controlled-access, gated entry and on-site laundry facilities. The soft-story seismic retrofit has been completed (buyer to verify). Priced at an attractive basis compared to recent sale comparables at $327k/unit and $428/square-foot, with strong underlying land value and scale in one of the Westside's most supply-constrained submarkets. 1243 & 1247 12th St offer investors a rare opportunity to acquire two contiguous buildings in an irreplaceable coastal location with meaningful operational and appreciation upside.

1243 12th St, Santa Monica

Courtesy of Marcus & Millichap, Benjamin Lewin - CA DRE#02040686

$5,250,000
36 Beds 36 Baths 25630313 MLS
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, including six tandem spaces at the front and ten standard spaces at the rear, along with a controlled-access, gated entry and on-site laundry facilities. The soft-story seismic retrofit has been completed (buyer to verify). Priced at an attractive basis compared to recent sale comparables at $327k/unit and $428/square-foot, with strong underlying land value and scale in one of the Westside's most supply-constrained submarkets. 1243 & 1247 12th St offer investors a rare opportunity to acquire two contiguous buildings in an irreplaceable coastal location with meaningful operational and appreciation upside.

1243 12th Street, Santa Monica

Listing courtesy of Listing Agent: Benjamin Lewin (Benjamin.Lewin@marcusmillichap.com) from Listing Office: Marcus & Millichap.

$8,995,000
4 Beds 4 Baths 25495045 MLS
Located along the scenic Amalfi Drive, this beautifully designed home in Santa Monica Canyon offers a perfect blend of modern style and comfortable living. Thoughtfully reimagined with high-quality materials and smart technology, the home affords expansive canyon views with lots of natural light. Inside, warm Dinesen solid oak floors create a welcoming atmosphere, leading you into an open-concept living space with expansive canyon views. The centerpiece of the home is a stylish Boffi kitchen with top-of-the-line Gaggenau appliances, seamlessly connecting to the dining and family areas. Large doors open to a spacious terrace, making it easy to enjoy the lush surroundings of the canyon. A private guest suite on this level ensures visitors have their own comfortable retreat. Upstairs, the primary suite is a peaceful escape, featuring floor-to-ceiling windows, a spa-inspired Antonio Lupi bathroom, and custom Rimadesio closets. Two additional guest bedrooms provide plenty of space, all with stunning views of the landscape. The outdoor areas are designed for both relaxation and entertaining. A second-level terrace features a heated pool and sun deck, ideal for unwinding or hosting gatherings. At the top of the property, a beautifully designed Japanese garden by Mark Rios offers a quiet, private retreat with a covered deck and breathtaking ocean views. The home is equipped with Savant smart home technology for effortless control of lighting, climate, and security, while a Sonos sound system enhances the ambiance throughout. Just minutes from Santa Monica's top restaurants, shopping, beaches, and highly-rated schools, this rare property offers the best of modern living in a prime location.

354 Amalfi Dr, Santa Monica

Courtesy of The Agency, Christopher Dyson - CA DRE#01762388

$8,995,000
4 Beds 4 Baths 25495045 MLS
Located along the scenic Amalfi Drive, this beautifully designed home in Santa Monica Canyon offers a perfect blend of modern style and comfortable living. Thoughtfully reimagined with high-quality materials and smart technology, the home affords expansive canyon views with lots of natural light. Inside, warm Dinesen solid oak floors create a welcoming atmosphere, leading you into an open-concept living space with expansive canyon views. The centerpiece of the home is a stylish Boffi kitchen with top-of-the-line Gaggenau appliances, seamlessly connecting to the dining and family areas. Large doors open to a spacious terrace, making it easy to enjoy the lush surroundings of the canyon. A private guest suite on this level ensures visitors have their own comfortable retreat. Upstairs, the primary suite is a peaceful escape, featuring floor-to-ceiling windows, a spa-inspired Antonio Lupi bathroom, and custom Rimadesio closets. Two additional guest bedrooms provide plenty of space, all with stunning views of the landscape. The outdoor areas are designed for both relaxation and entertaining. A second-level terrace features a heated pool and sun deck, ideal for unwinding or hosting gatherings. At the top of the property, a beautifully designed Japanese garden by Mark Rios offers a quiet, private retreat with a covered deck and breathtaking ocean views. The home is equipped with Savant smart home technology for effortless control of lighting, climate, and security, while a Sonos sound system enhances the ambiance throughout. Just minutes from Santa Monica's top restaurants, shopping, beaches, and highly-rated schools, this rare property offers the best of modern living in a prime location.

354 Amalfi Drive, Santa Monica

Listing courtesy of Listing Agent: Christopher Dyson (CDyson@TheAgencyRE.com) from Listing Office: The Agency.

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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