$2,500,000
PENDING

1810 12th St Santa Monica, CA 90404

Pico Neighborhood

Estimated payment $15,820/month

Total Views 1,342
13 Beds
7 Baths
5,190 Sq Ft
$482 Price per Sq Ft

Highlights

  • Laundry Facilities
  • West Facing Home
  • Heating Available
  • Will Rogers Elementary Rated A

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.

Listing Agent

Sandra Miller

Engel & Völkers License #01446377 Listed on: 08/11/2025

Engel & Völkers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,516 Sq Ft Lot
  • West Facing Home

Home Design

  • Additions or Alterations

Interior Spaces

  • 5,190 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Heating Available
  • Sewer in Street

Community Details

  • 7 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • The owner pays for gas, water, gardener
  • Assessor Parcel Number 4283-026-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Building Permit: Yes
  • Living Area: 5190
  • Lot Acreage: 0.1725
  • Probate: No
  • Property Condition: Additions/Alter
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Common Walls: Attached
  • Laundry: Community
  • Laundry Equipment: Own
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 481.70

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 4
  • Other Spaces: 8
  • Covered Parking: 4
  • Garage Structures: 0
  • Total Parking: 6

Utilities

  • Heating: Electric
  • Sewer: In Street
  • Water: Public
  • Water Heaters: No

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 32.43
  • Assessed Improvement Value: 602902
  • Assessed Land Percent: 67.57
  • Assessed Land Value: 1256053
  • Total Assessed Value: 1858955
  • Assessor Parcel Number: 4283-026-018
  • Lot Location: Alley Access
  • Lot Size Area: 7516

Rental Info

  • Total Actual Rent: 16166.00
  • Owner Pays: Gas, Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.72
  • Number Of Units: 7
  • Total Annual Expense: 36982
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2025 08/30/25 Pending -- -- --
08/11/2025 08/11/25 For Sale $2,500,000 -- $482 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25575313

The MLS
California Los Angeles County Santa Monica 90404 Pico

1810 12th St, Santa Monica, CA

This home is located at 1810 12th St, Santa Monica, CA 90404 and is currently priced at $2,500,000, approximately $481 per square foot. This property was built in 1963. 1810 12th St is a home located in Los Angeles County with nearby schools including Will Rogers Elementary, John Adams Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Sandra Miller
Listing Agent
Sandra Miller
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Engel & Völkers
(424) 588-3967