1937 12th Street
Santa Monica, CA, 90404
$1,850,000
MLS: 26994189
Beds
0
Baths
0
Sq Ft
3,954
Lot
0.17 ac
Year Built
1949
MLS #
26994189
Days on Market
17
Listed
Sep 28, 2026
Description
1937 12th St is a charming six-unit multifamily property in Santa Monica, offered for the first time in over 40 years. With five single-car garages, completed soft-story retrofit, professionally managed for years, and a location near the beach and the rejuvenated Pico Boulevard's neighborhood amenities, the property offers an appealing opportunity to acquire a long-held apartment investment in one of the Westside's most desirable coastal communities. The property totals approximately 3,954 square feet on an approximately 7,497 square foot lot. The unit mix includes one two-bedroom, one-bath residence and five one-bedroom, one-bath residences, including two upstairs junior one-bedrooms. At the front of the property, a bungalow-style facade, covered porch and landscaped walkway create a welcoming residential character that distinguishes the offering from a larger apartment complex.Parking is a notable part of the appeal. Five single-car garages provide valuable enclosed parking, complemented by multiple perpendicular public street parking spaces directly along the frontage. Together, the garages and street configuration are a useful distinction in this coastal-city setting. The location brings Santa Monica's neighborhood life and coastal attractions together. Pico Boulevard offers restaurants, coffee shops and everyday services, while Santa Monica State Beach, Shutters on the Beach and Hotel Casa del Mar place the city's signature beachfront experience within reach. Santa Monica College and the Pico Farmers Market at Virginia Avenue Park add to the surrounding neighborhood amenities, complementing the dining, shopping and recreation that make Santa Monica such an appealing place to live. With its inviting residential character, five garages and established Santa Monica setting, 1937 12th St offers investors a long-held six-unit property with the everyday convenience of a neighborhood location and the lifestyle appeal of the coast.
Location
Santa Monica, Los Angeles County, CA 90404
Open on Google Maps ↗Listed by: Don Favia · Realty Investment Advisors, Inc.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$14,449
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $185,000 · Loan: $1,665,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $11,528
- Property tax (1.25%)
- $1,927
- Homeowners insurance
- $300
- Mortgage insurance
- $694
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $64,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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