1138 12th St, a 1965 building in Santa Monica.
1138 12th St is a condominium building in Santa Monica. It was completed in 1965.
Contact a Condos of LA advisor for current availability, pricing, and a private tour of 1138 12th St.
Condos for sale & rent at 1138 12th St
Listings update automatically from the MLS. Availability and pricing are provided by the listing brokerages.
Recent sales at 1138 12th St
| Date | Residence | Beds/Baths | Sq Ft | Sale price | $/Sq Ft | HOA dues |
|---|---|---|---|---|---|---|
| Jun 2023 | 1 | 3 bd · 2 ba | 1,421 | $1,442,000 | $1,015 | $473/mo |
Closed sales at 1138 12th St from MLS records.
What to know before you buy at 1138 12th 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 1138 12th St?
With 7 residences, 1138 12th St is in the 2 to 10 unit range, so a conventional loan here may qualify for a project review waiver (Fannie Mae and Freddie Mac, since March 18, 2026). That holds as long as the building isn't flagged by Fannie Mae and the insurance meets the rules. At 7 units, it also can't be part of a master association for the waiver to apply.
The 15% reserve test arriving January 4, 2027 is part of the Full Review, which a building this size may not need. Lenders can add their own requirements, and the unit count decides the path, so confirm it with the HOA.
SB 326 calls for a licensed inspection of wood-supported balconies, decks and stairs in buildings with 3 or more attached units. If 1138 12th St has them, the latest report has been part of the resale package since January 1, 2026, and a failed report may matter to a lender. 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.
Tell us which residence you're weighing. Tyler or Michael will follow up personally with what to request from the HOA and what we find in it.
Get a building check for 1138 12th StBackground: what warrantable and non-warrantable mean, and how the 2027 condo loan rules work.
General information as of October 27, 2026, not lending advice. Lenders apply their own rules, and only a lender's review decides whether a loan works at 1138 12th St.
In the heart of Santa Monica
1138 12th 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.