$ 2,525,000 $ 2,500,000 1.0%

1810 12th St

Santa Monica, CA 90404

  • 13 Beds
  • 7 Baths
  • 5,190 SqFt
  • 7,516 Lot Size
  • 1963 Year Built
Located just south of Pico Boulevard and north of Olympic, 1810 12th Street offers investors a stabilized, income-producing property in one of Santa Monica's most desirable neighborhoods. This well-maintained 2-story building, built in 1963, features seven units totaling 13 bedrooms and 7 bathrooms across approximately 5,190 square feet of living space on a 7,516 square foot lot. The unit mix includes three 2-bedroom units, one 3-bedroom unit, and three 1-bedroom units. The 3-bed/1-bath unit will be delivered vacant at closing, providing immediate potential for an owner-user or market-rate rental. Current gross annual income is approximately $193,992 with an NOI of $157,010, reflecting a GRM of 12.89 and a cap rate of 6.28%. All units are separately metered for gas and electricity. Parking includes 4 covered carport spaces plus additional uncovered spaces with alley access. Just minutes from the beach, Bergamot Arts District, the Expo Line, and a variety of shopping, dining, and employment hubs, this property presents an exceptional long-term hold or value-add opportunity in a prime Santa Monica location.
Listed by ENGEL & VĂ–LKERS Santa Monica , Sold By Figure 8 Realty

PROPERTY DETAIL

  • Key Details

    Sold Price $2,525,000

    Property Type Multi-Family

    Sub Type Multi-Family

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 5, 190 sqft

    Price per Sqft $486

    MLS Listing ID 25575313

    Sold Date 10/20/25

    Bedrooms 13

    Construction Status Additions/Alter

    Year Built 1963

    Lot Size 7,516 Sqft

    Acres 0.1725

    Property Sub-Type Multi-Family

  • Location

    State CA

    County Los Angeles

    Area Santa Monica

    Zoning SMR2*

  • Rooms

    Other Rooms None

  • Building

    Story 2

    Foundation None

    Sewer In Street

    Water Public

    Level or Stories One

    Construction Status Additions/Alter

  • Interior

    Heating Electric

    Cooling None

    Fireplaces Type None

    Equipment None

    Laundry Community

  • Exterior

    Parking Features None

    Garage Spaces 6.0

    Pool None

    Amenities Available None

    Waterfront Description None

    View Y/N No

    View None

    Handicap Access None

  • Others

    Special Listing Condition Standard

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