1518 12th Street, Santa Monica, California image 1
Active

1518 12th Street

Santa Monica, CA 90401
Mark as Favorite
$5,300,000 $22,345/Mo
Get Pre-Approved Check your credit
Bed 32

Bed

Bath 24

Bath

SqFt14,840

Sqft

SqFt14,996

Sqft(Lot)

[OFFERING CONSISTS OF TWO SIX-UNIT PROPERTIES WITH SEPARATE APN'S BEING SOLD TOGETHER: 4282-031-007 & 4282-031-008] 1518 & 1524 12th Street presents a rare opportunity to acquire two side-by-side 6-unit multifamily properties totaling 12 units in the heart of Santa Monica. Built in 1974, the offering consists of two adjacent properties, each with its own separate APN, and four residential structures, creating a unique multifamily investment opportunity in one of Southern California's most desirable rental markets. The properties are part of an A+ located, five-building Westside portfolio totaling 60 units, with the properties available for acquisition separately or together as a portfolio. The properties are distinguished by an exceptional unit mix consisting entirely of large two- and thr ee-bedroom residences averaging approximately 1,237 square feet per unit. The unit mix includes four 3-bedroom/2.5-bath units, four 3-bedroom/1.5-bath units and four 2-bedroom/2-bath units. With two-thirds of the units offering three bedrooms, the property provides a concentration of large residences that are increasingly difficult to replicate in Santa Monica. The investment offers approximately 31% future rental upside, providing new ownership with a compelling opportunity for significant income growth. Select units have already undergone luxury interior renovations, demonstrating the property's potential as additional residences are upgraded and repositioned over time. The properties provide substantial on-site parking, including four 3-car garages and ten additional single parking spaces. The seismic soft-story retrofit has also been completed and the main and sub electrical panels have been updated, representing important capital improvements for future ownership. Situated in the heart of Santa Monica, 1518 & 1524 12th Street is just five blocks from the Metro Rail Expo Line and minutes from Downtown Santa Monica, the Santa Monica Pier, Third Street Promenade, the beach and the area's exceptional retail and dining. The nearby Metro provides convenient direct connectivity to the greater Los Angeles area while residents enjoy the lifestyle and amenities associated with one of the Westside's premier coastal communities. Note: The other properties comprising the five-building Westside portfolio are 1833 Westholme Avenue (16 units), 1811 S. Bentley Avenue (15 units), 1524 Granville Avenue (10 units), and 1507 Berkeley Street (7 units). The properties are available for acquisition separately or together as a portfolio.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $5,300,000

AD Id : 89968762

MLS Id : 26876197

Beds : 32

Lot Size : 14,996 Sqft

Living Area Size : 14,840

Year Built : 1974

Garage : 12

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 32

    Bathroom Information

    Total Baths: 24

  • Heating & Cooling

    Heating: None Cooling: None

  • Building Information

    Year Built: 1974
    Building Area Total: 14840
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 14996 Lot Size Acres: 0.3443 Lot Size Source: Other Lot Size Square Feet: 14,996

  • Listing Price Information

    Listing Price: $5300000

  • Tax Information

    Parcel Number: 4282031007

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    Parking Total: 22 Covered, DoorMulti, Garage

    Garage Information

    Has Garage: Yes Garage Space: 12

  • Location Information

    Direction: Use Google Maps, Apple Maps, or Waze. Full address is 1518-1524 12th St.
Sell a home like this and save $317,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1243 12th Street, Santa Monica, CA, 90401 $5,250,000 36 36 18,832 18,832 SqFt
1323 11th Street, Santa Monica, CA, 90401 $3,750,000 13 10 7,098 7,098 SqFt
1217 9th Street, Santa Monica, CA, 90401 $5,100,000 -- -- 4,770 4,770 SqFt

Similar Homes To 1518 12th Street

Nearby For Sale

Slider Thumb
Mark as Favorite
$8,995,000
Home For Sale

354 Amalfi Drive,
Santa Monica, CA, 90402

Bed 4

Bed

Bath 3

Bath

SqFt19,121

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,795,000
Home For Sale

1925 Euclid Street,
Santa Monica, CA, 90404

Bed 9

Bed

Bath 6

Bath

SqFt4,482

Sqft

SqFt7,517

Sqft(Lot)
Slider Thumb
Mark as Favorite
$6,195,000
Home For Sale

1029 Yale Street,
Santa Monica, CA, 90403

Bed 6

Bed

Bath 5

Bath

SqFt4,254

Sqft

SqFt6,400

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,975,000
Home For Sale

137 Strand Street,
Santa Monica, CA, 90405

Bed 2

Bed

Bath 3

Bath

SqFt1,470

Sqft

SqFt2,704

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$19,995,000
Home For Sale

439 21st Street,
Santa Monica, CA, 90402

Bed 7

Bed

Bath 8

Bath

SqFt8,400

Sqft

SqFt8,937

Sqft(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/26/2026 @ 09:36

MLS: 26876197 LISTED BY: Jake Glaser, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

More Cities with for Sale by Owner Homes

Homes around $5,300,000

Slider Thumb
Active
Mark as Favorite
$1,099,000
Condo For Sale

1705 Ocean Avenue #206,
Santa Monica, CA, 90401

Bed 1

Bed

Bath 1

Bath

SqFt1,020

Sqft
Slider Thumb
Active
Mark as Favorite
$1,239,000
Condo For Sale

1247 10th Street #4,
Santa Monica, CA, 90401

Bed 2

Bed

Bath 2

Bath

SqFt1,505

Sqft

SqFt7,479

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,299,000
Condo For Sale

1705 Ocean Ave #107,
Santa Monica, CA, 90401

Bed 2

Bed

Bath 2

Bath

SqFt1,439

Sqft

SqFt40,870

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,385,000
Condo For Sale

1705 Ocean #412,
Santa Monica, CA, 90401

Bed 1

Bed

Bath 2

Bath

SqFt1,163

Sqft
Slider Thumb
Active
Mark as Favorite
$1,399,000
Condo For Sale

1544 12th Street #303,
Santa Monica, CA, 90401

Bed 1

Bed

Bath 2

Bath

SqFt1,380

Sqft

SqFt15,013

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,705,000
Condo For Sale

1755 Ocean Avenue #203,
Santa Monica, CA, 90401

Bed 2

Bed

Bath 2

Bath

SqFt1,250

Sqft

SqFt37,919

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,799,000
Condo For Sale

1705 Ocean Avenue #209,
Santa Monica, CA, 90401

Bed 2

Bed

Bath 2

Bath

SqFt1,370

Sqft

SqFt40,870

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,850,000
Condo For Sale

1705 Ocean Avenue #208,
Santa Monica, CA, 90401

Bed 2

Bed

Bath 3

Bath

SqFt1,590

Sqft
Slider Thumb
Active
Mark as Favorite
$2,150,000
Condo For Sale

1755 Ocean Ave #805,
Santa Monica, CA, 90401

Bed 2

Bed

Bath 2

Bath

SqFt1,470

Sqft
Slider Thumb
Active
Mark as Favorite
$2,195,000
Condo For Sale

1705 Ocean Avenue #311,
Santa Monica, CA, 90401

Bed 2

Bed

Bath 2

Bath

SqFt1,574

Sqft

SqFt40,870

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$2,700,000
Condo For Sale

1705 Ocean Avenue #502,
Santa Monica, CA, 90401

Bed 2

Bed

Bath 2

Bath

SqFt1,324

Sqft

SqFt40,866

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$2,749,000
Condo For Sale

1705 Ocean Avenue #307,
Santa Monica, CA, 90401

Bed 2

Bed

Bath 2

Bath

SqFt1,660

Sqft

SqFt40,866

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$2,950,000
Condo For Sale

1755 Ocean Avenue #APT ..,
Santa Monica, CA, 90401

Bed 2

Bed

Bath 2

Bath

SqFt1,693

Sqft
Slider Thumb
Active
Mark as Favorite
$2,995,000
Condo For Sale

1755 Ocean Avenue #303,
Santa Monica, CA, 90401

Bed 3

Bed

Bath 4

Bath

SqFt2,000

Sqft

SqFt37,919

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$3,750,000
Home For Sale

1323 11th Street,
Santa Monica, CA, 90401

Bed 13

Bed

Bath 10

Bath

SqFt7,098

Sqft

SqFt7,483

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$4,495,000
Condo For Sale

1755 Ocean Avenue #603,
Santa Monica, CA, 90401

Bed 2

Bed

Bath 3

Bath

SqFt2,100

Sqft
Slider Thumb
Active
Mark as Favorite
$5,100,000
Home For Sale

1217 9th Street,
Santa Monica, CA, 90401

SqFt4,770

Sqft

SqFt7,514

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$5,250,000
Home For Sale

1243 12th Street,
Santa Monica, CA, 90401

Bed 36

Bed

Bath 36

Bath

SqFt18,832

Sqft

SqFt15,007

Sqft(Lot)

Selling? Save $317,501 when you sell a home like this

Tour with a ByOwner Agent