#24452667, Neema Ahadian, Listing Office: Marcus & Millichap
#24465105·
Listing Office: Remax Commercial and Investment Realty·
Listing Agent: Jonathan Taksa·
Listing Office Phone: 213-817-1000
1428 12th St Santa Monica, CA 90401
$10,500,000 List price
38 beds
38 baths
17,880 sqft
0.3 acres
$587 / sqft
House
Property details
About 1428 12th St
We are pleased to present a generational multifamily offering in the seaside enclave of Santa Monica. Set prominently along a tree-lined street, 1424-1428 12th Street is a trophy asset consisting of 20, oversized compared to market, units and beautifully landscaped grounds. Encompassing 17,880 SQFT and situated on a very large lot, tenants can choose from one of 2 oversized studio units, 16 large 2-bed, 1-bath units, or 2 substantial3-bed, 1-bath townhouse units. Each of these units has a great floor plan flooded with natural light. 14 units have been luxuriously upgraded and tastefully appointed with an in-unit washer and dryer (select units), new hardwood flooring, stainless steel appliances, quartz countertops, and LED lighting. Additionally, the property has an on-site laundry facility and ample assigned parking (soft story retrofit work has been completed, Buyer to verify). The property also includes new construction windows, new roofing and gutters, a custom stucco facade, and more. A quick stroll to the beautiful beach, downtown Santa Monica, and the high-end dining and shopping of Montana Avenue and 3rd Street Promenade, 1424-1428 12th Street is close to all Santa Monica has to offer. The property is also situated just across the street from one of Santa Monica's top private elementary schools, Pluralistic SchoolOne. With fantastic in-place income, enormous upside potential, and a secured tenant base, the property gives buyers the opportunity to own a generational asset in one of the most prized and coveted locations in Los Angeles.
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Size17,880 sqft
Lot size0.3446 Acres
Year built1963
ParkingAssigned
MLS #24465105
Summary
- MLS Number: 24465105
- MLS Name: CRMLS
- Office Name: Remax Commercial and Investment Realty
- Office Phone: (213) 817-1000
- Listing Agent: Jonathan Taksa
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 9:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$10,500,000
1428 12th St
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 28, 2018 | Home Sold | $8,800,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $9,816,664 | $116,436 |
| 2023 | $9,624,183 | $114,607 |
| 2022 | $9,435,476 | $113,261 |
| 2021 | $9,250,470 | $110,542 |
| 2020 | $9,155,520 | $108,746 |
| 2019 | $8,976,000 | $9,964 |
| 2018 | $647,260 | $9,862 |
| 2017 | $634,570 | $9,862 |
History based on county public records data.
Nearby schools
7
McKinley Elementary School
Public District KG-5
0.9 mi
•2401 Santa Monica Blvd
7
Roosevelt Elementary School
Public District KG-5
0.9 mi
•801 Montana Ave
6
Will Rogers Learning Community
Public District KG-5
1.1 mi
•2401 14th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,419. The majority of Santa Monica, CA residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
27%
<35k
49%
35k-100k
21%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
77%
Single, No Kids
4%
Single, with Kids
12%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
4%
12-17 yrs old
34%
18-34 yrs old
48%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Major League Soccer (MLS)
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Jack In The Box
What do the neighbors drive?
Audi
Volkswagen
Toyota
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 1428 12th St
This home is located at 1428 12th St in Santa Monica, CA and zip code 90401 in the Pico neighborhood. This 17,880 square foot home, which was built in 1963, sits on a 0.34 acre lot. Features: 38 bedrooms, 38 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $10,500,000.
Over 13 listings were sold over their listed price in January 2025 in Santa Monica, CA. In the same period over 22 listings were sold below the listed price and 6 listings were sold for the listed price. The number of listings in Santa Monica, CA increased by 43% between December and January 2025. While the average time on the market in January 2025 was 55 days, the median list price was $1,816,750.
From Rocket Homes Real Estate and based on county public records data.