1012 7th St, a 1970 low-rise in Santa Monica.
1012 7th Street is a 20-residence courtyard building in Santa Monica, built in 1970. Its single- and dual-level residences feature gas fireplaces and open onto a central courtyard, a classic low-rise Santa Monica layout a short distance from the beach and Montana Avenue. The building rises two stories.
Contact a Condos of LA advisor for current availability, pricing, and a private tour of 1012 7th St.
Condos for sale & rent at 1012 7th St
Listings update automatically from the MLS. Availability and pricing are provided by the listing brokerages.
Recent sales at 1012 7th St
| Date | Residence | Beds/Baths | Sq Ft | Sale price | $/Sq Ft | HOA dues |
|---|---|---|---|---|---|---|
| Dec 2023 | 5 | 2 bd · 2 ba | 961 | $965,000 | $1,004 | $480/mo |
| Sep 2023 | 10 | 2 bd · 2 ba | 954 | $961,000 | $1,007 | $480/mo |
| May 2022 | 15 | 2 bd · 2 ba | 961 | $1,118,000 | $1,163 | $425/mo |
Closed sales at 1012 7th St from MLS records.
Amenities & services
What to know before you buy at 1012 7th St
The details that make or break a condo decision: current HOA dues and what they cover, parking, and the building's pet & leasing rules. Our advisors pull these straight from the building's HOA documents for any residence you're weighing.
Learn moreCompiled from public sources · last reviewed July 2026. We confirm current dues, reserves, lender and policy details for any residence you're considering.
Can you finance a condo at 1012 7th St?
1012 7th St has 20 residences, so a conventional loan here requires a Full Review of the HOA's finances, the standard for every building over 10 units since August 3, 2026. From January 4, 2027, that review tests whether the budget puts at least 15% of dues into reserves, or funds the reserve study's top recommendation. The test reads the reserve line in the budget, and it's the loan application date that decides which rule applies.
For a 1970 building with 20 residences, ask about the SB 326 balcony inspection early. If 1012 7th St is subject to it, the most recent report has been part of the resale package since January 1, 2026, and an unaddressed problem in it may affect conventional lending. SB 326, explained.
Which loan you use changes the rules. Conventional loans run to $1,249,125 in LA County in 2026, jumbo lenders above that apply their own condo rules, and non-QM loans typically mean more down and a higher rate.
We'll follow up personally with what to ask the HOA at 1012 7th St for, and what we find once the documents arrive.
Get a building check for 1012 7th StMore on the rules: warrantable vs. non-warrantable condos and the 2027 condo loan rules.
General information as of October 27, 2026. This isn't lending advice; a lender's review decides whether a specific loan works in this building.
In the heart of Santa Monica
1012 7th St places you at the center of Santa Monica, with the neighborhood's dining, shopping and character just outside your door and the rest of Los Angeles within easy reach.