Pending
Price CutPrice Drop: $750K (09/10)
Sale Pending at 1243 12th Street, Santa Monica, CA 90401 | MLS# 25630313 | Listing updated on 2026-09-10
Photo 1 of Sale Pending at 1243 12th Street, Santa Monica, CA 90401 | MLS# 25630313 | Listing updated on 2026-09-10
Photo 2 of Sale Pending at 1243 12th Street, Santa Monica, CA 90401 | MLS# 25630313 | Listing updated on 2026-09-10
Photo 3 of Sale Pending at 1243 12th Street, Santa Monica, CA 90401 | MLS# 25630313 | Listing updated on 2026-09-10
Photo 4 of Sale Pending at 1243 12th Street, Santa Monica, CA 90401 | MLS# 25630313 | Listing updated on 2026-09-10
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Listed by: Benjamin Lewin (818) 212-2659 DRE #02040686 | Marcus & Millichap (818) 212-2700

$5,250,000

Monthly Est:$26,131

  • Beds Icon36 Beds
  • Beds Icon
    36 Baths
  • Beds Icon18,832sqft

1243 12th Street, Santa Monica, CA 90401

$26,131/moEst:

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  • Multi Family

  • Built in 1959

  • $-- HOA

  • 15,007 sqft lot

  • $279/sq.ft

Description

1243 & 1247 12th St consist of two adjacent ten-unit apartment buildings located between Wilshire Blvd and Arizona Ave in prime Santa Monica, approximately 12 blocks from the beach. Built in 1959, the properties total 18,832 square feet of improvements on a 15,007-square-foot double lot with two separate APNs, offering long-term ownership, financing, and disposition flexibility. Each building is approximately 9,416 square feet, and together the portfolio features an attractive and highly functional 20-unit mix comprised of (4) 1-bed/1-bath, (6) 2-bed/1.5-bath, (6) 2-bed/2-bath, (2) 3-bed/1.5-bath, and (2) 3-bed/2-bath units. This balanced mix appeals to a wide renter base...

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  • Houzeo last checked: 11 minutes ago
  • Listing updated: September 10, 2026 at 7:28 pm
  • Source: California Regional MLS-CA | MLS#: 25630313 California Regional MLS-CA

Part of

Building
1243 12th St
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Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Los Angeles County

  • City

    Santa Monica

  • Neighborhood

    Santa Monica Mid City

  • Year Built

    1959

  • HOA Fees

    -

  • Finished Area

    18,832 sqft

  • Lot Size

    15,007 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    25630313

  • MLS Status

    Pending

  • Days on Market

    272

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 36

    Bathrooms: 36

Interior

  • Heating

    Wall Furnace

  • Cooling

    None

Utilities & Energy

  • Parking Features

    Covered, Driveway

Price History

DateEventPrice

09/10/2026

Source: mls_logoCalifornia Regional MLS-CA #25630313

Pending

$5,250,000

$279/sqft

05/15/2026

Source: mls_logoCalifornia Regional MLS-CA #25630313

Listed for Sale

$5,250,000

$279/sqft

05/15/2026

Source: mls_logoCalifornia Regional MLS-CA #25630313

Off Market

$5,250,000 -12.50%

$279/sqft

02/17/2026

Source: mls_logoCalifornia Regional MLS-CA #25630313

Contingent (Active Under Contract)

$6,000,000

$319/sqft

12/22/2025

Source: mls_logoCalifornia Regional MLS-CA #25630313

Listed for Sale

$6,000,000

$319/sqft

Santa Monica Mid-City Ranks #14 in Santa Monica, CA

Homes for sale
55

Homes

Rental prices
$2,322

Rental Prices

Median Home Price
$825K

Median Home Price

Santa Monica Mid-City, Santa Monica, CA neighborhood guide

Based on information from California Regional Multiple Listing Service, Inc. as of Sep 21, 2026, 07:00AM and /or other sources. 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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