1043 12th Street 9, Santa Monica, California 90403, Santa Monica, 90403 - 1 bed, 1 bath
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Santa Monica, California 90403
This Turnkey Condominium represents a Strong Value Opportunity, listed at $635,000—positioned slightly above the $605,802 Fair Market Value. Despite the premium, the property offers a Condition Rating of 2, featuring high-end modern renovations and a private deck. Located in a premier Santa Monica neighborhood near Top-Rated Schools like Franklin Elementary (9/10), this residence provides an exceptional coastal lifestyle. With low HOA dues and strong rental demand, this home is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a stable, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1043 12th Street 9 Subject | $635,000* List Price | 1 | 1 | 642 | $976 | - |
A 937 12th Street 308 Sold | $785,000 | 1 | 1 | 805 | $975 | 0.2 mi |
B 1040 4th Street 108 Sold | $550,000 | 1 | 1 | 674 | $816 | 0.6 mi |
C 914 Lincoln Boulevard 202 Active | $699,000 List Price | 1 | 1 | 724 | $965 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building was constructed in 1974, the unit has undergone a recent high-end renovation within the last 5 years. The interior features contemporary wide-plank flooring, updated lighting, and a modern bathroom with shaker-style cabinetry and stone countertops. The description confirms 'updated finishes' and a 'fresh contemporary feel,' making it move-in ready with no immediate maintenance required.
Elementary School: Franklin Elementary School (9/10).
Situated in a highly desirable Santa Monica neighborhood, the property is just blocks from Montana Avenue, the beach, and top-rated schools, offering exceptional walkability and lifestyle appeal.
As a top-floor unit, this residence offers increased privacy and natural light, complemented by modern interior updates that provide a move-in-ready experience.
At 642 square feet, the interior space is relatively small, which may limit storage options and appeal to buyers seeking more spacious accommodations.
Built in 1974, the building may require ongoing maintenance or future assessments common with older structures, despite the individual unit's modern updates.
Beautifully updated top-floor Santa Monica condo offering the perfect blend of location, comfort, and value. This light-filled 1-bedroom, 1-bath residence features a thoughtfully designed floor plan, updated finishes, and a fresh contemporary feel throughout. Situated within a charming small community just blocks from Montana Avenue, Third Street Promenade, world-famous beaches, shopping, dining, and entertainment. Low HOA dues add to the property's appeal and affordability. An exceptional opportunity to own in one of Santa Monica's most desirable neighborhoods at an attractive price point. Ideal as a primary residence, or investment property with strong rental demand, this home offers outstanding versatility and long-term value in a highly sought-after coastal location.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades PK-5 • 1.0 mi
Grades 6-8 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 642 | 1,346 |
| Lot Size | 7,508 | 7,869 |
| Price | $635.0K | $1.33M |
| Price per sq ft | $989 | $977 |
| Built year | 1974 | 1978 |
| HOA | $414.8 | $500 |
| Days on market | 49 | 57 |
Jun 3, 2026
$635,000
Initial Listing
Jan 12, 2017
$570,000
Public Record