$4,395,000
Price
10
Beds
8
Baths
6,746 Sq. Ft.
$651 / Sq. Ft.
6,746
Sq. Ft.
$651
per Sq. Ft.

Description

Nestled in one of Santa Monica's most sought-after neighborhoods, 827 12th Street is a well-maintained Spanish-style gem that embodies the quintessential SoCal lifestyle. Just half a block south of Montana Avenue, residents enjoy easy access to premier boutiques, world-class dining, and top-tier wellness destinations. With the beach and Downtown Santa Monica less than a mile away, this property offers the perfect balance of relaxation and convenience. The building is comprised of (4) spacious 2-bdrm....Nestled in one of Santa Monica's most sought-after neighborhoods, 827 12th Street is a well-maintained Spanish-style gem that embodies the quintessential SoCal lifestyle. Just half a block south of Montana Avenue, residents enjoy easy access to premier boutiques, world-class dining, and top-tier wellness destinations. With the beach and Downtown Santa Monica less than a mile away, this property offers the perfect balance of relaxation and convenience. The building is comprised of (4) spacious 2-bdrm. 1.5-bath units and (2) 1-bdrm. units, with the 2-bed units averaging approx. 1,350 SF and 1-bed units approx. 525 SF. Renovated interiors feature wood flooring, quartz countertops, stainless steel appliances, and updated cabinetry and tilework. Bright, airy layouts and modern finishes make these units highly desirable in an area known for attracting high-net-worth tenants who take pride in their homes and community. The property is surrounded by lush landscaping, offering a tranquil communal courtyard for residents to enjoy. Additional amenities include five private 1-car garages, ensuring ample parking and convenience. This is a rare opportunity to own a turnkey investment in one of the most affluent and high-demand rental markets on the Westside. Don't miss your chance to secure a timeless asset in Santa Monica's most coveted location.

Listing Agents

  1. Kenny Stevens Team

    Kenny Stevens Team

    Listing Agent

    Compass

    DRE #01090251

  2. Kenny Stevens

    Kenny Stevens

    Listing Agent

    Compass

    DRE #01090251

    kenny.stevens@compass.com

    P: (310)-968-7005

Property Details for 827 12th Street

Zoning
SMR2*
Style
Spanish
Cross Streets
Montana Ave. & 12th St.
Property Attached YN
true
Parcel Number
4281016015
Total Units
6.0
Living Area
6746
Source Living Area
Vendor Enhanced
LISTING UPDATED: 09/26/2025 12:11 PM

Property Details for 827 12th Street

StatusActive
MLS #25503521
Days on Market291
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.17 AC / 7,484 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Kenny Stevens Team, DRE #01090251; Compass, Kenny Stevens, DRE #01090251
Add your commute

Building Information for 827 12th Street

Stories2Residences-Year Built1927Building Size-Lot Size0.17 AC / 7,484 SF

Payment Calculator

$23,883 per month

30 year fixed, 6.28% Interest

Principal and Interest

$21,717

Property Taxes

$2,166

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 827 12th Street

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartments
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $295,753
  • Net Operating Income: $197,553.00
  • Gross Income: $303,336
  • Cap Rate: 4.49%
  • Gross Rent Multiplier: $14.49
  • Financial Info as Of: 07/25/2025
  • Total Annual Expense: 98200
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Paved: Yes
  • Lot Size Square Feet: 7484
  • Lot Location: Alley Access
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car
  • Total Parking: 5
  • Garage Spaces Total: 5
  • Parking Features: Garage - Single Door
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Central
  • Heating Type: Central
  • Flooring: Wood, Tile
  • Equipment: Built-Ins, Dishwasher, Dryer, Washer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Hood Fan
  • Common Walls: Attached
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-26-2025
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,701.00
  • Unit Actual Rent: $18,806.00
  • Unit Projected Rent: $21,980.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,236.00
  • Unit Actual Rent: $6,473.00
  • Unit Projected Rent: $6,700.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107

Property History for 827 12th Street

DateEvent & SourcePriceAppreciation
Sep 26, 2025

Price Change

CLAW #25503521

$4,395,000—
Sep 26, 2025

Listed (Active)

CLAW #25503521

$5,490,000—
Sep 25, 2025

Pending

CLAW #25503521

—
Jul 25, 2025

Price Change

CLAW #25503521

$4,395,000—
Jul 25, 2025

Price Change

CRMLS #25503521

$4,395,000—
Apr 30, 2025

Price Change

CLAW #25503521

$4,490,000—
Apr 30, 2025

Price Change

CRMLS #25503521

$4,490,000—
Mar 12, 2025

Price Change

CLAW #25503521

$4,990,000—
Mar 12, 2025

Price Change

CRMLS #25503521

$4,990,000—
Feb 25, 2025

Listed (Active)

CRMLS #25503521

$5,490,000—
Feb 25, 2025

Listed (Active)

CLAW #25503521

$5,490,000—
DateEvent & SourcePrice
09/26/2025

Price Change

CLAW #25503521

$4,395,000
09/26/2025

Listed (Active)

CLAW #25503521

$5,490,000
09/25/2025

Pending

CLAW #25503521

—
07/25/2025

Price Change

CLAW #25503521

$4,395,000
07/25/2025

Price Change

CRMLS #25503521

$4,395,000
04/30/2025

Price Change

CLAW #25503521

$4,490,000
04/30/2025

Price Change

CRMLS #25503521

$4,490,000
03/12/2025

Price Change

CLAW #25503521

$4,990,000
03/12/2025

Price Change

CRMLS #25503521

$4,990,000
02/25/2025

Listed (Active)

CRMLS #25503521

$5,490,000
02/25/2025

Listed (Active)

CLAW #25503521

$5,490,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 827 12th Street

Taxable ValueLand$1,492,876Additions$497,618Total$1,990,494
Tax Record2025$25,987 ($2,166 / month)
Home Facts
Total Finished SqFt6,746 SqFtAbove Grade Finished SqFt6,746 SqFtLot Size7,482 SqFtStyleMulti-Family Res (5+ Units)Year Built1927ZoningSMR2*CountyLOS ANGELESAPN4281-016-015

Schools near 827 12th Street

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Roosevelt Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Santa Monica Alternative (K-8) School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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827 12th Street is a multi-family home for sale in Santa Monica, CA 90403. This property was listed for sale on February 25, 2025 by Compass, it's currently listed at $4,395,000. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include Roosevelt Elementary School, Lincoln Middle School and Santa Monica High School. 827 12th Street is a 10-bed, 8-bath, 6,746 sqft multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Kenny Stevens Team, DRE #01090251; Compass, Kenny Stevens, DRE #01090251

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.