1111 12th Street, Santa Monica, CA
1111 12th St, Santa Monica — 7-Unit Multifamily Sold $2.25M

Price
$2,250,000
Units
7
$/Unit
$321,428/unit
Type
multifamily
Deal summary
1111 12th Street, Santa Monica, CA is a 7-unit multifamily property that sold for $2,250,000 ($321,428/unit) in December 2025. Cameron Samimi of Samimi CRE Advisors represented the Seller Representation in the transaction.
The Challenge
My client needed to sell their 7-unit multifamily property at 1111 12th Street in Santa Monica, a notoriously competitive market. The key was to navigate market expectations and secure a strong valuation despite the asset's specific characteristics.
What We Did
I meticulously positioned the property by highlighting its Santa Monica location and income potential after an extensive market analysis. I leveraged my network and aggressive marketing strategies to attract a broad pool of qualified buyers.
The Result
I successfully closed the sale of the 7-unit multifamily property for $2,250,000, achieving a price per unit of $321,428. This transaction underscored the property's value in a tight market, meeting my client's objectives.
Verified coverage
This closing was reported by Traded (December 2025).
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