RealKey
‪(213) 433-7766‬

1531 12th Street 1, Santa Monica, California 90401, Santa Monica, 90401 - 2 bed, 2 bath

1531 12th Street 1, Santa Monica, California 90401 home-pic-0
ACTIVE$1,190,000
1531 12th Street 1, Santa Monica, California 90401
2Beds
2Baths
1,109Sqft
11,228Lot
Year Built
1989
Close
-
List price
$1.19M
Original List price
$1.29M
Price/Sqft
$1,073
HOA
$384.82
Days on market
-
Sold On
-
MLS number
25550501
Home ConditionExcellent
Features
Patio
ViewCourtyard, Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $1.19M(33th), sqft - 1109(17th), beds - 2(50th), baths - 2(50th).

Welcome to FIFTEEN31 MODERN SPANISH | LUXURY | LIFESTYLE sophisticated single-level condo with only one common wall, outdoor space, Low HOA (includes water and HQ insurance), 2 side-by-side covered parking with EV-charger, in-unit laundry, in a quiet & exclusive, gated 9-unit complex in the HEART of Santa Monica. Experience the perfect blend of effortless costal living and urban convenience--5 min bike ride or 10-15min walk to the beach, Trader Joe's, vibrant restaurants, shops, and spas. Improvements made by current owner deliver impeccable style and function, including high-end-window treatments, recessed lighting with matching dimmers, luxury light-fixtures, freshly tiled bathroom floors, new bathroom vanities and sinks, new water heater, fresh paint, and privacy hedges. FIFTEEN31 Suite #1 impresses the most discerning buyer with high-ceilings, sleek stone, hardwood-laminate floors, wood burning & plumbed for gas fireplace. Spacious living area pre-wired for 5.1 surround & HDMI HD inputs. Gourmet open kitchen w/granite tops and custom cabinets. Massive center island w/oversized 100% COPPER farm sink, state of the art WINE fridge, Fisher and Paykel dishwasher. Stainless steel appliances w/ BERTAZZONI range oven, Dacor microwave. Formal dining room surrounded by bay windows, Ultra-High-quality washer/dryer, Central heat/AC w/ Nest Thermostat. Master suite w/ sitting area, custom built-ins in, extra-large closet, master bath w/ walk-in glass shower w/ river rock floor & spa shower panel. Spacious 2nd bedroom-stylish guest suite and serene home office. The 2nd bathroom features a gorgeous custom soaker tub. This Remarkable Hidden Jewel has incredible curb appeal--stunning Contemporary Spanish Architecture secured by a grand, password protected gate. Built in 1989, this property is NOT SUBJECT TO RENT CONTROL like the majority of buildings in Santa Monica built before 1979. Located in coveted Santa Monica school district. Option to purchase furnished for an additional cost.

Price History

Date
Event
Price
08/22/25
Price Change
$1,190,000-7.8%
06/18/25
Listing
$1,290,000
09/18/20
Sold
$989,000
04/04/13
Sold
$605,000
06/04/97
Sold
$209,500
Condition Rating
Excellent
Despite being built in 1989, this condo has undergone extensive, high-quality renovations by the current owner, making it feel virtually new. The gourmet kitchen features high-end appliances (Bertazzoni, Fisher & Paykel, Dacor), granite countertops, custom cabinets, and a unique copper farm sink. Bathrooms are luxuriously updated with new vanities, tiled floors, a walk-in glass shower with river rock floor and spa panel, and a custom soaker tub. The property boasts new hardwood-laminate flooring, modern light fixtures, recessed lighting, fresh paint, and a Nest thermostat, indicating all components meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Premier Santa Monica Location & Lifestyle: Situated in the 'HEART of Santa Monica,' offering exceptional walkability/bikeability to the beach, dining, shopping, and amenities, embodying effortless coastal living and urban convenience.
Extensive High-End Renovations & Modern Amenities: Features recent owner improvements including a gourmet kitchen with luxury appliances (Bertazzoni, Fisher & Paykel, Dacor), high ceilings, premium finishes (stone, hardwood-laminate), central HVAC with Nest, and a luxurious master suite.
Exemption from Santa Monica Rent Control: Built in 1989, this property is not subject to Santa Monica's stringent rent control ordinances, offering significant long-term investment flexibility and value retention compared to older properties.
Exclusive & Secure Complex with Premium Features: Located within a quiet, gated 9-unit complex, providing enhanced security, low HOA fees (including water/insurance), two side-by-side covered parking spaces with an EV charger, and in-unit laundry.
Private & Functional Condo Layout: A sophisticated single-level unit with only one common wall, offering a rare private outdoor space for a condo, and a versatile layout including a formal dining room and a second bedroom suitable as a guest suite or home office.

Cons

Limited Views: The property offers courtyard and tree/woods views, lacking the highly sought-after panoramic ocean or city views often desired and commanded by luxury properties in Santa Monica.
Condominium Ownership Limitations: Despite its privacy features, it remains a condominium, which inherently involves shared common areas, potential HOA restrictions, and the absence of a private single-family home lot.
Compact Square Footage for Price Point: At 1109 sqft, while efficiently designed and luxurious, the overall living space might be considered compact for its luxury price point in the Santa Monica market, potentially limiting appeal for buyers seeking larger residences.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state