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943 12th Street 7 — Santa Monica — 1 Bed • 1 Bath • 800 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+20 more

$785,000

0 DOM

$981/sqft1 bd1 ba800 sqftHOA ~475/mo

Call

943 12th St 7 Santa Monica, CA 90403

7,493sqft lot

Stunning Mid Century renovated architectural, steps to Montana Ave! Unique Light & Bright top floor unit features vaulted ceilings, clerestory windows, hardwood & tile flooring, recessed lighting, quartz countertops, fireplace, central air & heat, full size washer & dryer -(inside unit). New designer kitchen sparkles with Walker Zanger Tile, new Bosch@ dishwasher, new quartz countertops, new Samsung@ fridge new sink, new disposal, new plumbing. Huge 1 bed, 1 bath with large closets. Additional luxuries include -two designated tandem parking spaces in a secure garage with storage. All windows are double pained for great insulation. Serene outdoor terrace with large sliding doors from the bedroom & living room create a perfect indoor - outdoor flow. 12 blocks to THE BEACH, quiet 10 unit building. Faces South and North. Earthquake insurance included in the low HOA dues. NO rental restrictions! Recent HOA upgrades include: new hot water heater, new garage gate motor, new balconies, new structural reinforcement, new main sewer-line! A rare unit in the best neighborhood! ( dining room light fixure and TV's not included in sale).

MLS 26712815

310-829-0629 (Office) 310-428-6569 (Cell) ibrooksestates@gmail.com

Est. payment

$5,491/mo

Principal & interestTaxesInsuranceHOA

$3,969$818$229$475

Down %

Rate %

Years

Down payment: $157,000 · Total cost: $1,585,979

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$5,491/mo

Principal & interest: $3,969
Est. property tax: $818
Est. insurance: $229
HOA (normalized / mo): $475
Down payment: $157,000

Est. gross rent$3,271/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,220/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 13, 2026	$785,000	—

Facts & Features

Transaction Data

HOA Fee$475/monthly

Structure & Property

Year Built1973

Garage Spaces2

310-829-0629 (Office) 310-428-6569 (Cell) ibrooksestates@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

943 12th Street 7, Santa Monica, CA 90403

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Call

943 12th St 7 Santa Monica, CA 90403

About this home

Ian L. Brooks

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Ian L. Brooks

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

943 12th Street 7, Santa Monica, CA 90403

About This Property

Property Photos

943 12th St 7 Santa Monica, CA 90403

About this home

Ian L. Brooks

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Ian L. Brooks

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.