1810 12th Street, Santa Monica, CA 90404
- $2,525,000
- 13
- BD
- 7
- BA
- 5,190
- SqFt
- Sold Price
- $2,525,000
- List Price
- $2,500,000
- Closing Date
- Oct 20, 2025
- Status
- CLOSED
- MLS#
- 25575313
- Year Built
- 1963
- Bedrooms
- 13
- Bathrooms
- 7
- Living Sq. Ft
- 5,190
- Lot Size
- 7,516
- Acres
- 0.17
- Days on Market
- 0
- Property Type
- Multifamily
- Stories
- One Level
Property Description
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.
Additional Information
- Pool Description
- None
- Heat
- Electric
- Cooling Description
- None
- View
- None
- Sewer
- Other
- Attached Structure
- Attached
- Number Of Units Total
- 7
Listing courtesy of Listing Agent: Sandra Miller (sandra.miller@evrealestate.com) from Listing Office: ENGEL & VÖLKERS Santa Monica.
Listing sold by Maria Santos Ortiz from Figure 8 Realty
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.