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1332 10th Street

Updated Oct 13, 2026

Therese Hayes & Frank Tysen Sell Santa Monica Multifamily For $2.57M With Brokers David Messiah & Cameron Samimi
SOLDMultiFamily

Therese Hayes & Frank Tysen Sell Santa Monica Multifamily For $2.57M With Brokers David Messiah & Cameron Samimi

1332 10th Street

$2,565,000

$575/SF

Building Size

4,454 SF

Asset Type

MultiFamily

Closing

Aug 21, 2025

About this deal

AI

The property asset involved in this transaction is a multifamily building located at 1330 10th St., Santa Monica, CA. It consists of 5 units and encompasses a total square footage of 4,454. The transaction was finalized at a sale price of $2,565,000, which translates to a price per unit of $513,000 and a price per square foot of $575.

Summary of transaction details:

Key individuals involved in the deal include the sellers, Therese Hayes and Frank Tysen, who successfully completed the sale, and the brokers, David Messiah and Cameron Samimi, representing Lyon Stahl Investment Real Estate. Their roles were crucial in facilitating this transaction within the competitive Santa Monica market.

On the Map

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$2,565,000

$575/SF

MultiFamily

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Players

David Messiah

Lyon Stahl Investment Real Estate

Broker

$7.2M

vol

5 deals

Broker
Cameron Samimi
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Cameron Samimi

Lyon Stahl Investment Real Estate

Broker

$158.2M

vol

59 deals

Broker
Lyon Stahl Investment Real Estate
Lyon Stahl Investment Real EstateBrokerage

Therese Hayes

Seller
Seller

Frank Tysen

Seller
Seller
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Santa Monica MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $575 per square foot on a published $2.6M for 4,454 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.18%

Cash-on-Cash

-1.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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