1021 12th Street 102, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 2 bath
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Santa Monica, California 90403
This Refreshed Santa Monica Condominium is a Strong Value Opportunity, listed at $899,000—positioned well below the $990,000 Fair Market Value by 9%. This strategic pricing offers $91,000 in Instant Equity for the incoming buyer. The unit holds a Condition Rating of 3 following a recent aesthetic refresh featuring an upgraded kitchen, luxury flooring, and fresh interior paint. Zoned for elite institutions including Franklin Elementary School and Lincoln Middle School, this turn-key home balances premier coastal lifestyle with significant financial upside. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1021 12th Street 102 Subject | $899,000* List Price | 2 | 2 | 1,337 | $740 | - |
A 817 10th Street 104 Sold | $1,075,000 | 2 | 2 | 1,394 | $771 | 0.3 mi |
B 1127 10th Street 104 Sold | $1,090,000 | 3 | 2 | 1,307 | $834 | 0.2 mi |
C 925 14th Street 20 Sold | $1,080,000 | 2 | 3 | 1,317 | $820 | 0.2 mi |
D 930 3rd Street 307 Sold | $1,149,000 | 2 | 2 | 1,355 | $848 | 0.7 mi |
E 1925 Montana Avenue 3 Sold | $890,000 | 2 | 2 | 1,152 | $773 | 0.6 mi |
F 908 6th Street 5 Sold | $880,000 | 3 | 2 | 1,099 | $801 | 0.5 mi |
G 938 18th Street 5 Pending | $1,049,000 List Price | 2 | 3 | 1,289 | $814 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition following a recent aesthetic refresh. It features luxury vinyl plank flooring, fresh interior paint, and updated light fixtures throughout. The kitchen has been upgraded with modern cabinetry, stone countertops, and stainless steel appliances, while the bathrooms show contemporary updates. Although the building was constructed in 1972, the interior renovations effectively eliminate deferred maintenance and provide a modern living environment.
Elementary School: Franklin Elementary School (9/10).
Situated in a highly desirable Santa Monica neighborhood, the property is within walking distance to the beach, Downtown Santa Monica, and the upscale Montana Avenue corridor.
The unit has been tastefully refreshed with luxury flooring, new fixtures, and an upgraded kitchen, offering a move-in-ready experience for buyers seeking a modern aesthetic.
The designated parking for two vehicles is in a tandem configuration, which can be less convenient for daily use compared to side-by-side spaces.
Despite its proximity to the coast, the unit lacks a significant view, which may be a drawback for buyers specifically seeking the Santa Monica ocean or city skyline aesthetic.
BEST PRICE IN TOWN! PRICE IMPROVEMENT - SELLER IS READY TO GET INTO ESCROW! Walking distance to the beach & Downtown Santa Monica! Welcome to 1021 12th Street #102, a beautifully refreshed 2-bedroom, 2-bathroom condo perfectly situated in one of Santa Monica’s most desirable neighborhoods! This turn-key home has been tastefully updated throughout featuring thoughtful touches at every turn. Step inside to find fresh interior paint, new fixtures, upgraded kitchen and luxury flooring that flows seamlessly from room to room. Tandem parking space allows for two vehicles. Located just minutes from the beach, and only a few blocks from the vibrant Montana Avenue corridor—where you’ll find some of Santa Monica’s best restaurants, cafes, shops, and bars—this condo offers the perfect setting to indulge in the quintessential Santa Monica lifestyle. Zoned for top-rated schools and nestled in a peaceful, well-maintained community, this is a rare opportunity to own a stylish, affordable, and conveniently located home in one of the Westside’s most sought-after areas.Don’t miss your chance to experience coastal living at its finest—move right in and start enjoying everything Santa Monica has to offer!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades PK-5 • 1.0 mi
Grades 6-8 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,337 | 1,394 | 43% |
| Lot Size | 15,019 | 7,985.5 | 74% |
| Price | $899.0K | $1.40M | 26% |
| Price per sq ft | $672 | $994 | 5% |
| Built year | 1972 | 1974 | 40% |
| HOA | $521.0 | $648 | 29% |
| Days on market | 44 | 171 | 2% |
Mar 20, 2026
$899,000
$949,000
-5% Price Drop
Initial Listing
Mar 11, 2026
$949,000
Initial Listing
Mar 9, 2026
$990,000
Initial Listing
Sep 28, 2017
$700,000
Public Record
Sep 14, 2017
$220,000
Public Record
Aug 10, 2005
$500,000
Public Record