1544 12th Street 303, Santa Monica, California 90401, Santa Monica, 90401 - 1 bed, 2 bath
Loading property details...
Santa Monica, California 90401
This Architectural Loft represents a Strong Value Opportunity, listed at $1,399,000—positioned well below the $1,306,635 Fair Market Value by -7%. While the list price exceeds the current estimation, the property’s Condition Rating of 3 and rare Pugh + Scarpa design justify the premium for its unique hangar-style glass wall and top-floor city views. With low HOA fees and a prime Santa Monica location, this residence offers a sophisticated lifestyle for Design-Conscious Professionals or Owner-Occupants seeking a rare, move-in ready architectural asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1544 12th Street 303 Subject | $1,399,000* List Price | 1 | 2 | 1,380 | $947 | - |
A 1755 Ocean Avenue 308 Sold | $1,200,000 | 1 | 2 | 1,168 | $1,027 | 0.9 mi |
B 1531 12th Street 1 Sold | $1,099,000 | 2 | 2 | 1,109 | $991 | 0.1 mi |
C 1218 9th Street 8 Sold | $1,050,000 | 2 | 2 | 1,260 | $833 | 0.5 mi |
D 1705 Ocean Ave Active | $1,299,000 List Price | 2 | 2 | 1,439 | $903 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 (22 years old), the property exceeds 'Fair' criteria due to high-end maintenance and modern updates. The kitchen features premium stainless steel appliances, a contemporary waterfall island, and updated cabinetry. Systems like the exposed HVAC and the unique hangar-style glass door appear in excellent functional condition, making the unit move-in ready with no immediate maintenance required.
Designed by the award-winning Pugh + Scarpa, this rare top-floor loft features a signature roll-up hangar door that creates a seamless and unique indoor-outdoor living experience.
The unit's southern exposure and top-floor position ensure maximum natural light throughout the day, perfectly complementing the soaring ceilings and industrial-chic aesthetic.
The property offers a competitive HOA fee of $534, which is notably low for a high-pedigree architectural building in a prime Santa Monica location.
With only one bedroom, the property may appeal to a narrower buyer demographic, potentially limiting resale liquidity compared to multi-bedroom units in the same price range.
The open-concept loft layout and industrial finishes like polished concrete may lack the acoustic privacy and traditional warmth desired by some luxury residential buyers.
The 12th Street Lofts were a limited production. 12 residences by Pugh + Scarpa, the Santa Monica studio architecture students still study. Residence 303 is top of the range: top floor, south exposure, and light through every hour of the day. Its signature is a full-width glass wall that rolls up like a hangar door. One motion, and the living room and private terrace become a single open-air space. The wall between inside and outside is optional here. The interior holds the line. Soaring ceilings, polished concrete floors, a kitchen built for entertaining with custom cabinetry, and a fireplace set against the industrial finish. The primary suite carries storage most lofts never account for. The specification is complete: 2 side-by-side parking spaces in the gated garage and an HOA fee that undercuts buildings with half the pedigree. The setting is central Santa Monica. The coastline, Tongva Park, and Third Street Promenade are minutes away. 12 exist. 1 is available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,380 | 1,346 |
| Lot Size | 15,013 | 7,869 |
| Price | $1.40M | $1.33M |
| Price per sq ft | $1.0K | $977 |
| Built year | 2002 | 1978 |
| HOA | $534.0 | $500 |
| Days on market | 15 | 57 |
Jul 7, 2026
$1,399,000
Initial Listing
Nov 2, 2021
$1,400,000
Public Record
Jun 4, 2019
$1,399,000
Public Record
Apr 27, 2015
$1,060,000
Public Record
Jun 13, 2014
$1,039,000
Public Record