1131 12th Street 102, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 3 bath
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Santa Monica, California 90403
This Turnkey Luxury Townhouse-Style Residence is a Strong Value Opportunity, listed at $1,475,000—positioned well below the $1,525,588 Fair Market Value by 3%. This valuation gap provides $50,588 in Instant Equity. Boasting a Condition Rating of 2, the home features wide-plank white oak floors, a chef’s kitchen with quartz countertops, and a private patio. Located in the elite Franklin Elementary School (9/10) zone and steps from Montana Avenue, it offers a premium coastal lifestyle. This is a perfect match for Owner-Occupants or lifestyle-driven buyers seeking a polished, move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1131 12th Street 102 Subject | $1,425,000* List Price | 2 | 3 | 1,466 | $1,006 | - |
A 1131 12th Street 101 Sold | $1,380,000 | 2 | 2 | 1,394 | $990 | 0.0 mi |
B 1730 California Avenue 4 Sold | $1,790,000 | 2 | 3 | 1,607 | $1,114 | 0.4 mi |
C 817 10th Street 104 Sold | $1,075,000 | 2 | 2 | 1,394 | $771 | 0.4 mi |
D 1049 16th Street 5 Sold | $1,489,000 | 3 | 3 | 1,516 | $982 | 0.3 mi |
E 1133 9th Street 202 Sold | $1,440,000 | 2 | 2 | 1,410 | $1,021 | 0.2 mi |
F 847 17th Street 1 Sold | $1,717,000 | 2 | 3 | 1,456 | $1,179 | 0.5 mi |
G 806 Washington Avenue Active | $1,575,000 List Price | 2 | 3 | 1,568 | $1,004 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1973, the property has been completely reimagined with a high-end, turnkey renovation. It features brand-new wide-plank white oak flooring, a chef's kitchen with premium stainless steel appliances and quartz countertops, and fully updated bathrooms with modern vanities and frameless glass showers. The inclusion of recessed lighting, matte black hardware, and new Miele laundry appliances confirms that all components meet current luxury standards with no deferred maintenance.
Elementary School: Franklin Elementary School (9/10).
The residence has been completely reimagined with high-end finishes, including wide-plank white oak flooring, a chef's kitchen with quartz countertops, and updated bathrooms, offering a move-in-ready luxury experience.
Ideally situated in a sought-after Santa Monica pocket, the property boasts a high walkability factor to Montana Avenue’s premier dining and retail, as well as proximity to the beach and top-rated schools.
The $700 monthly association fee is relatively high for a smaller boutique building that does not offer extensive communal amenities such as a pool, gym, or 24-hour concierge.
The property is noted as having no significant views, which may be a drawback for buyers seeking the ocean or city vistas typically associated with premium Santa Monica real estate.
Completely reimagined from top to bottom, this 2-bedroom, 2.5-bath townhouse-style residence in one of Santa Monica's most sought-after pockets delivers the full lifestyle package - refined finishes, thoughtful layout, and a location that rarely comes available at this price. Wide-plank white oak floors carry throughout the open main level, where a generous living room centers around a fireplace and flows directly to a private patio - your own quiet outdoor retreat steps from some of the best dining and retail in the city. The chef's kitchen is fitted with beautiful stainless appliances, quartz countertops, white shaker cabinetry, and matte black hardware throughout. Upstairs, the primary suite offers a serene escape with a large walk-in closet and a beautifully appointed en-suite bathroom featuring a double vanity and frameless glass walk-in shower. The secondary bedroom is equally generous with its own full bath. Set within a 9-unit boutique building with subterranean parking, gated entry, and in-unit laundry - this is turnkey Santa Monica living, walkable to Montana Avenue and minutes from the beach, Third Street Promenade, and the 10.
No exterior & parking available.
Grades K-5 • 0.6 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 | 3.0 | 2.0 | 52% |
| Square foot | 1,466 | 1,394 | 57% |
| Lot Size | 7,526 | 7,756.5 | 47% |
| Price | $1.43M | $1.43M | 50% |
| Price per sq ft | $972 | $994 | 45% |
| Built year | 1973 | 1974 | 47% |
| HOA | $700.0 | $652 | 59% |
| Days on market | 48 | 171 | 3% |
Apr 19, 2026
$1,425,000
$1,475,000
-3% Price Drop
Initial Listing
Mar 5, 2026
$1,475,000
Initial Listing
Aug 10, 2021
$1,310,000
Public Record
Dec 18, 2019
$970,000
Public Record
May 30, 2003
$490,000
Public Record