1454 12Th St Santa Monica, CA 90401

$3,800,000 Sold Price as of 06/26/2018

5 Beds
5 Baths
2,728 Sq.Ft.

Off Market

$3,800,000 Sold Price as of 06/26/2018 Refinance Your Mortgage

Map preview of 1454 12Th St, Santa Monica, CA 90401

Property Overview: 1454 12Th St Santa Monica, CA has 5 bedrooms, 5 bathrooms, 2,728 living square feet and 7,504 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1454 12Th St is currently an off market home in the city of Santa Monica. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Santa Monica has a median list price of $2,095,000. The median price per/sqft for Santa Monica is $1,243. With those numbers in mind, if you are looking to purchase a median priced home in Santa Monica, CA and put 20% down you will need to save up $419,000 for the down payment and will need roughly $41,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Santa Monica the commission could be as much as $85,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1454 12Th St

Last sold for $3,800,000 on June 26th, 2018

June, 2018
Jun 27, 2018

Date

Sold

CRMLS: 17258834

$1,900,000

Price
Apr 13, 2018

Date

Active Under Contract

CRMLS: 17258834

$2,250,000

Price
Mar 13, 2018

Date

Price Change

CRMLS: 17258834

$2,250,000

Price
Feb 26, 2018

Date

Active

CRMLS: 17258834

$2,500,000

Price
Sep 8, 2017

Date

Active Under Contract

CRMLS: 17258834

$2,500,000

Price
Aug 8, 2017

Date

Active

CRMLS: 17258834

$2,500,000

Price
Listing provided courtesy of CRMLS

Rare opportunity to acquire (2) two side by side properties spanning just under 15,000 square feet of land consisting of an (8) unit Apartment Complex and a (2) unit Duplex in beautiful Santa Monica, California. This rare assemblage will offer new ownership the option to have a cash-flowing asset while entitling a new construction apartment/condo project or an opportunity for an investor to capture the significant upside in rents with the existing 10 units. Generational asset with endless opportunity. Ideal developer or investor 1031 Exchange. Subject properties are centered in a prime Santa Monica location. In close proximity to (less than one mile) Santa Monica Beach, the pier, Third Street Promenade, Santa Monica Place and the new Expo Light Rail Metro line. Trust Sale / Court Confirmation Required. Must be sold with neighboring property (1448 12th Street).

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June, 2018
Jun 26, 2018

Date

Sold (Public Records)

Public Records

$3,800,000

Price

Tax History for 1454 12Th St

Assessed Value (2020): $2,601,320

Year	Land Value	Improved Value	Assessed Value
2020	$1,820,700	$780,620	$2,601,320

About 1454 12Th St

Detailed summary of property

1454 12Th St is categorized with a use code of Apartment House (5+ Units) in Santa Monica, CA 90401 and last sold on June 26, 2018 for $3,800,000. This property has 5 bedrooms, 5 bathrooms, roughly 2,728 living square feet, and sits on an approximately 7,504 square foot lot. Homes in Santa Monica are selling for a median price of $1,700,000 and a median price per square foot of $1,121. Based on Ardent Real Estate Group's Santa Monica Market Data, this home is sold 123.53% higher than the current median priced home. 1454 12Th St was last sold on June 26, 2018 for $3,800,000. Local nearby listings include 913 S Bundy Dr, 841-1 S Bundy Dr and 260 S Canyon View Dr. The average home in Santa Monica, CA is selling in 118 days. There are currently 249 homes for sale in the Santa Monica real estate market and 95 of them are single family homes while 112 of them are condos and 42 are townhomes. If you are the homeowner and looking to sell the home at 1454 12Th St Santa Monica, CA 90401 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Monica agents.

Public Facts for 1454 12Th St

Public county record property details

Beds: 5
Baths: 5
Year built: 1925
Sq. Ft.: 2,728
Lot Size: 7,504
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: K
APN: 4282-024-012

The source for these homes facts are from public records.

90401 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,098,000

Median List Price/Sq.Ft.

$1,363

Median Sold Price

$2,350,000

Median Sold Price/Sq.Ft.

$1,556

Total Inventory

Median Sale to List Price %

88.68%

Avg Days on Market

204

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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