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1111 12th Street

Cameron Samimi Of Lyon Stahl Investment Real Estate Represents Sale Of Multifamily Property In Santa Monica For $2.25M
SOLDMultiFamily

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

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.

Players

Cameron Samimi
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Cameron Samimi

Lyon Stahl Investment Real Estate

Broker

$141.4M

vol

51 deals

Broker

Santa Monica MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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