1810 12th Street, Santa Monica, CA 90404
Property
Sold October 2025
Listing Agent: Sandra Miller (DRE #01446377) · Listing Office: ENGEL & VÖLKERS Santa Monica · Contact: 310-460-2525 · Bought with: Maria Santos Ortiz · Figure 8 Realty · MLS #25575313 · Source: CRMLS
About this property
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.
Listing description from the October 2025 sale, as reported to CRMLS.
Sale history