1021 12th Street 203, Santa Monica, California 90403, Santa Monica, 90403 - 1 bed, 1 bath
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Santa Monica, California 90403
This Turnkey Move-In Ready Condo is a Strong Value Opportunity, listed at $675,000—positioned well below the $680,058 Fair Market Value by 0.74%. This valuation gap offers $5,058 in Instant Equity for the buyer. Featuring a Good Condition Rating with modern vinyl flooring and fresh paint, the unit offers 804 square feet of space near top-rated schools like Franklin Elementary. This is an ideal acquisition for first-time buyers or owner-occupants seeking a lifestyle-focused residence in a prime, walkable Santa Monica location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1021 12th Street 203 Subject | $675,000* List Price | 1 | 1 | 804 | $846 | - |
A 937 12th Street 308 Sold | $785,000 | 1 | 1 | 805 | $975 | 0.1 mi |
B 844 7th Street 1 Sold | $820,000 | 2 | 2 | 918 | $893 | 0.5 mi |
C 521 Montana Avenue 305 Sold | $801,000 | 1 | 1 | 930 | $861 | 0.6 mi |
D 1040 4th Street 108 Sold | $550,000 | 1 | 1 | 674 | $816 | 0.7 mi |
E 815 10th Street B Sold | $825,000 | 2 | 2 | 1,119 | $737 | 0.3 mi |
F 832 Euclid Street 105 Active | $699,000 List Price | 1 | 1 | 756 | $925 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with significant recent cosmetic upgrades including new vinyl plank flooring, fresh interior paint, and updated electrical outlets. While the kitchen features dated tile countertops and older cabinetry, the overall presentation and recent refreshments align with the 'Good' criteria for a functional, updated living space.
Elementary School: Franklin Elementary School (9/10).
Ideally situated just blocks from Montana Avenue and Wilshire Boulevard, providing residents with effortless access to premier dining, boutique shopping, and high-end grocery markets in a top-tier Santa Monica neighborhood.
The residence is completely renovated and move-in ready, featuring contemporary vinyl plank flooring, fresh paint, and updated electrical fixtures, eliminating the need for immediate post-purchase capital improvements.
Built in 1972, the property may lack the modern architectural aesthetic and extensive common-area amenities found in newer luxury developments within the same price bracket.
While the HOA permits in-unit laundry, the system is not currently installed, placing the burden of cost, contractor coordination, and HOA verification on the buyer.
Completely renovated and move-in ready, this impressive one-bedroom condo offers an expansive 804 square feetremarkably spacious for its class. Ideally situated just two blocks from Montana Avenue and one block from Wilshire Boulevard, residents enjoy effortless access to premier dining, charming cafs, specialty markets, and boutique shopping.Bathed in natural light from its desirable southwest exposure, the home features an airy, open feel throughout. Recent upgrades include stunning new vinyl plank flooring, fresh interior paint, updated electrical outlets and switches, and refined custom hardware. The generously sized primary bedroom boasts ample closet space, complemented by a large built-in hallway cabinet perfect for linens and additional storage. Meticulously maintained and thoughtfully updated, this immaculate residence is a standout opportunity. Building allows for installation of an in-unit washer and dryer, subject to buyer verification of HOA requirements and installation specifications.
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 | 1.0 | 2.0 | 14% |
| Baths | 1.0 | 2.5 | 16% |
| Square foot | 804 | 1,394 | 9% |
| Lot Size | 15,019 | 8,473.5 | 73% |
| Price | $675.0K | $1.43M | 9% |
| Price per sq ft | $840 | $971 | 23% |
| Built year | 1972 | 1974 | 41% |
| HOA | $462.0 | $648 | 23% |
| Days on market | 5 | 145 | 2% |
Jun 1, 2026
$675,000
Initial Listing
Aug 30, 2006
$510,000
Public Record