1021 12th Street 303, Santa Monica, California 90403, Santa Monica, 90403 - 1 bed, 1 bath
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1021 12th Street 303
Santa Monica, California 90403
ACTIVE
CONDITION: GOOD
1Beds
1Baths
804Sq Ft
15,019Lot Size
Property Price
LIST PRICE$659,000
EST. MARKET VALUE
$663,650
SUMMARY
This Turnkey Penthouse Residence is a Strong Value Opportunity, listed at $659,000—positioned well below the $663,651 Fair Market Value by 0.7%. This property offers $4,651 in Instant Equity. Featuring a Condition Rating of 3, the unit provides a move-in-ready lifestyle with a Granite Kitchen and southwest exposure. Located near Top-Rated Schools like Franklin Elementary (9/10), this home is an ideal sanctuary for first-time buyers or young professionals seeking a prime Santa Monica address.
Estimated Market Value
$663,650
Based on Realkey algorithm analyzing recent comparable sales in Santa Monica.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1021 12th Street 303 Subject | $659,000* List Price | 1 | 1 | 804 | $825 | - |
A 947 18th Street 6 Sold | $635,000 | 1 | 1 | 775 | $819 | 0.5 mi |
B 937 12th Street 308 Sold | $785,000 | 1 | 1 | 805 | $975 | 0.1 mi |
C 521 Montana Avenue 103 Sold | $750,000 | 1 | 1 | 930 | $806 | 0.6 mi |
D 1024 5th Street 3 Sold | $852,600 | 2 | 2 | 945 | $902 | 0.6 mi |
E 521 Montana Avenue 305 Sold | $801,000 | 1 | 1 | 930 | $861 | 0.6 mi |
F 815 10th Street B Sold | $825,000 | 2 | 2 | 1,119 | $737 | 0.3 mi |
G 630 Idaho Avenue 204 Active | $825,000 List Price | 1 | 1 | 874 | $944 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The condo is well-maintained and listed as move-in ready. While the building was constructed in 1972, the unit features a previous renovation with functional honey oak kitchen cabinetry, granite countertops, and a stone-tiled bathroom. The finishes appear to be around 10-15 years old, making it functional and tidy but slightly dated.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Prime Santa Monica Location
Situated just two blocks from Montana Avenue and less than a mile from the beach, this property offers unparalleled access to high-end dining, boutiques, and coastal recreation.
- Penthouse Privacy and Light
As a top-floor unit with southwest exposure, the residence enjoys abundant natural light and the rare benefit of having no neighbors living above, ensuring a quiet and bright living environment.
CONSRISKS & DEFICIENCIES
- Building Age
Constructed in 1972, the building may lack the contemporary amenities and infrastructure found in newer luxury developments, potentially leading to future maintenance considerations.
- Limited Layout Utility
With only one bedroom and one bathroom, the property's appeal is restricted to individuals or couples, lacking the flexibility for a home office or guest room.
About 1021 12th Street 303
Perched on the top floor at 1021 12th Street, Unit 303 offers a rare penthouse opportunity in one of Santa Monica's most desirable neighborhoods. This beautifully renovated, move-in-ready one-bedroom residence features an impressive 804 square feet of stylish living space, along with the added privacy and tranquility of having no neighbors above.Ideally situated just two blocks from Montana Avenue, the home is moments from some of Santa Monica's best restaurants, cafs, boutiques, and shopping. Wilshire Boulevard is only one block away, while the beach, Palisades Park, and the Santa Monica Bluffs are less than a mile from your front door.Sought-after southwest exposure fills the thoughtfully designed floor plan with natural light, creating a bright, open, and inviting atmosphere.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 15,019 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $462.0 / Month
Neighborhood Insights
Santa Monica Unified Schools
Roosevelt Elementary School
Grades K-5 • 0.4 mi
8/10
Franklin Elementary School
Grades PK-5 • 1.0 mi
9/10
Lincoln Middle School
Grades 6-8 • 0.2 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 804 | 1,332.636 |
| Lot Size | 15,019 | 8,171.182 |
| Price | $659.0K | $1.30M |
| Price per sq ft | $820 | $979 |
| Built year | 1972 | 1976 |
| HOA | $462.0 | $553 |
| Days on market | 23 | 57 |
Pricing History
Listed for Sale
Aug 17, 2026
$659,000
Initial Listing
Sold
Aug 27, 2009
$280,000
Public Record
Sold
Sep 26, 2006
$545,000
Public Record