1810 12th Street, Santa Monica, CA 90404
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1810 12th Street,Santa Monica, CA 90404
$2,500,000
- 13 Beds
- 7 Baths
- 5,190 sq. ft.
- Multi-family
- Active
Listed by:sandra miller
Office:engel & vlkers santa monica
MLS#:25575313
Source:CRMLS
Price summary
- Price:$2,500,000
- Price per sq. ft.:$481.7
About this home
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.
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Home facts
- Year built:1963
- Listing ID #:25575313
- Added:50 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:13
- Total bathrooms:7
- Living area:5,190 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1963
- Building area:5,190 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$481.7
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