Updated Oct 13, 2026
Cameron Samimi Of Lyon Stahl Investment Real Estate Represents Sale Of Multifamily Property In Santa Monica For $2.25M
1111 12th Street
$2,250,000
$691/SF
Building Size
3,254 SF
Asset Type
MultiFamily
Closing
Dec 31, 2025
About this deal
AI
The multifamily asset located at 1111 12th Street in Santa Monica has recently been sold for $2,250,000. The property consists of 7 units across a total square footage of 3,254, resulting in a price per unit of $321,428 and a price per square foot of $691.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,250,000
- Units: 7
- Square Footage: 3,254
- Price per Unit: $321,428
- Price per Square Foot: $691
- Market: Santa Monica
Cameron Samimi represented the seller in this transaction. He is affiliated with Lyon Stahl Investment Real Estate, underscoring the involvement of established expertise in the execution of this deal.
On the Map
$2,250,000
$691/SF
MultiFamily
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Santa Monica MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93