
Santa Monica, California 90401
Analysis of 1317 12th Street 8, Santa Monica, California 90401 is currently available with a list price of $970,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but the kitchen and bathrooms feature styles and finishes—such as the mid-toned wood cabinetry and traditional vanity—that appear to be from a renovation conducted 15 to 25 years ago. While the unit is clean with consistent laminate flooring and a newer roof (2019), the overall aesthetic and 1973 build date align with the 'fair' category as major components are functional but dated.
Situated in the heart of Santa Monica, this property offers exceptional walkability to the Third Street Promenade, Santa Monica Pier, and the Metro Station, providing a quintessential urban-coastal lifestyle.
The inclusion of in-unit laundry is a significant convenience factor that adds modern functionality and value, distinguishing it from many older condominium units in the area.
Finding a three-bedroom residence in the 90401 zip code for under $1 million represents a strong value proposition for buyers seeking extra space in a high-demand market.
Built in 1973, the property may require ongoing maintenance or updates to its original systems, despite the benefit of a newer roof installed in 2019.
The unit lacks the ocean or city views often sought after in Santa Monica, which may impact its appeal to buyers prioritizing a scenic outlook.
Located in the heart of Santa Monica, this well-situated unit offers unbeatable access to the city’s most sought-after amenities. Just minutes from Third Street Promenade and Santa Monica Place, with world-class shopping, dining, and entertainment nearby. The Santa Monica Beach, Pier, and Palisades Park are all within close reach, making coastal living effortless. Convenient access to major streets and the Downtown Santa Monica Metro Station enhances daily commuting. The unit includes in-unit laundry, adding everyday comfort and convenience. New roof was installed in 2019. An excellent opportunity to enjoy a prime Santa Monica location with a highly walkable lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 88% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,183 | 1,262.5 | 38% |
| Lot Size | 7,510 | 9,369 | 50% |
| Price | $970.0K | $1.15M | 13% |
| Price per sq ft | $820 | $1.0K | 25% |
| Built year | 1973 | 2002 | 13% |
| HOA | $425.42 | $1.1K | 38% |
| Days on market | 86 | 119 | 38% |
Feb 26, 2026
$970,000
$990,000
-2% Price Drop
Initial Listing
Jan 26, 2026
$990,000
Initial Listing
Oct 15, 2015
$745,000
Public Record
Oct 14, 2004
$515,500
Public Record
Jan 8, 2002
$200,000
Public Record
Oct 29, 1998
$215,000
Public Record