Los Angeles County  »  90401  »  Ocean Ave  »  1221 Ocean Ave

1221 Ocean Avenue, Santa Monica, CA 90401 - Property report

Also known as: 1221 Ocean Ave

Property image for 1221 Ocean Avenue, Santa Monica, CA 90401
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Property type

Five or More Apartments or Units - 5 Stories or More with Pool (0551)

Year built

1971

Acreage

0.814

Sale price

$330,000,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1221 Ocean Ave
Santa Monica, CA 90401
Alternate address(es)
1221 E Ocean Ave
Zip code
90401
Neighborhood
Downtown Santa Monica
County
Los Angeles
Municipality
Santa Monica

Owner

Find out who owns 1221 Ocean Avenue, Santa Monica, CA 90401. Uncover corporate and individual owners with a free account.

Building
Property type
Five or More Apartments or Units - 5 Stories or More with Pool
Building sq. ft.
197,520
Buildings on lot
1
Stories
5 or more
Year built
1971
Last altered
1992
Sales
Sale date
04/27/2022
Sale price
$330,000,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$4,293,741
Zoning & use
Zoning
Qualified opportunity zone
Units
119
Lot
Acreage
0.814

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
75 /100.  Excellent Transit
Bike score
81 /100.  Very Bikeable
School district
Santa Monica-Malibu Unified School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership

Ownership information for 1221 Ocean Avenue, Santa Monica, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 1221 Ocean Avenue, Santa Monica, CA 90401

Sale date Sale price Buyer name Seller name
04/27/2022 $330,000,000 XX XXXX XXXXX XXX XXX XXXXXX XXXXXXX XXX

*Most recent sale on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
03/11/2025 Mechanics Lien XXXX XXXXX XXX XXXXXXXX XXXXXXXXXXX XXX
04/27/2022 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed		 XX XXXX XXXXX XXX XXXXX XXXXX XXXX XX
04/27/2022 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)		 XXX XXXXXX XXXXXXX XXX XX XXXX XXXXX XXX
04/25/2012 Assignment of Rents
Financing Statement
Trust Deed		 XXX XXXXXX XXXXXXX XXX XXXXXXXX XXXXX XXXX
07/17/2009 Agreement XXXXXXXXXXXX XXXXX XXXX XXXXXXXXXXXX XXXXX XXXX
04/04/2008 Deed XXXXXX XXXXXXXXX XXXXXXXXXXX XXX XXXXXX XXXXXXX XXX
04/04/2008 Deed XXXXXX XXXXXXXXX XXXXXXXXXXX XX XXXXXX XXXXXXXXX XXXXXXXXXXX XXX
05/01/1998 Deed XXXXXXXX, X XXXXXX XXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1221 Ocean Avenue, Santa Monica, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Base tax
$4,293,741
Current property tax
$4,384,301
Recent tax assessments
Market value
$356,682,232
Land value
$75,770,251
Building value
$280,911,981

More about Los Angeles County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $356,682,232 1.2038 $4,293,741 +6.51%
2024-2025 $349,879,174 1.1522 $4,031,308 +1.56%
2023-2024 $343,181,192 1.1566 $3,969,234 +392.91%
2022-2023 $69,055,626 1.1661 $805,258 +2.37%
2021-2022 $67,676,313 1.1623 $786,602 +0.30%
2020-2021 $67,229,405 1.166555 $784,268 +2.93%
2019-2020 $64,653,779 1.178512 $761,953 +6.22%
2018-2019 $63,415,464 1.1311 $717,306 +1.33%
2017-2018 $61,573,474 1.1497 $707,902 +3.93%
2016-2017 $59,939,708 1.1363 $681,109 +1.16%

Special assessments & penalties for 1221 Ocean Avenue, Santa Monica, CA

Code Description Tax levied
00194 Health License Fees
03694 La County Regional Park And Open Space District
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
00177 Safe, Clean Water Program Funding Measure W
25253 Santa Monica Downtown Property Based Assmnt Dist
25280 Santa Monica Stormwater Mgmt Fee
25281 Santa Monica-Storm Water Special Tax
93172 Santa Monica/Malibu Unified Sch Dist. Measure R
06111 West Vector Mosquito
Permits

Permit information for 1221 Ocean Avenue, Santa Monica, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
01/07/2025
09/25/2024
09/03/2024
08/28/2024
05/22/2024

*Most recent permits on record for this property.

More about Los Angeles County property records

Neighborhood

Santa Monica residential market stats

Access a detailed real estate market overview of Santa Monica so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Santa Monica and compare it to other neighborhoods in Los Angeles.

Median sale price

$1,625,000

-21.9% Y-o-Y

Median price/sq. ft.

$1,126

-8.4% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Santa Monica and see how their prices compare.

Demographics by ZIP code

Total population
8,101
Median age
36.9
Average household income
$157,482
Family households
23.3%
People per household (average)
1.51
Occupied housing units
5,256
Owner-occupied units
5.2%
Median year structure built
1994
Median value mortgaged units
$1,358,000
Median value unmortgaged units
$1,093,400

Risk

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FEMA flood zones

FEMA flood zones
X
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 1221 Ocean Avenue, Santa Monica, CA 90401 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 1221 Ocean Avenue, Santa Monica, CA

1615 Ocean Front Walk, Santa Monica 1299 Ocean Ave, Santa Monica 1633 Ocean Front Walk, Santa Monica 1703 Ocean Front Walk, Santa Monica 1222 3rd Street Promenade, Santa Monica 1228 3rd Street Promenade, Santa Monica 1202 3rd Street Promenade, Santa Monica 1212 3rd Street Promenade, Santa Monica 1218 3rd Street Promenade, Santa Monica 1619 Ocean Front Walk, Santa Monica 100 Wilshire Blvd, Santa Monica 1248 3rd Street Promenade, Santa Monica 1605 Ocean Front Walk, Santa Monica 1242 3rd Street Promenade, Santa Monica 1216 2nd St, Santa Monica 1601 Ocean Front Walk, Santa Monica 1659 Ocean Front Walk, Santa Monica 124 Wilshire Blvd, Santa Monica 1647 Ocean Front Walk, Santa Monica 1611 Ocean Front Walk, Santa Monica

Nearby ZIP codes for 1221 Ocean Avenue, Santa Monica, CA

90024, Los Angeles County, CA 90034, Los Angeles County, CA 90049, Los Angeles County, CA 90064, Los Angeles County, CA 90073, Los Angeles County, CA 90095, Los Angeles County, CA 90291, Los Angeles County, CA 90293, Los Angeles County, CA 90402, Los Angeles County, CA 90403, Los Angeles County, CA 90404, Los Angeles County, CA 90405, Los Angeles County, CA

Frequently asked questions

What is the year built for 1221 Ocean Avenue, Santa Monica, CA 90401?

The development at 1221 Ocean Avenue, Santa Monica, CA 90401 was built in 1971.

What is the total square footage of 1221 Ocean Avenue, Santa Monica, CA 90401?

1221 Ocean Avenue, Santa Monica, CA 90401 has a total of 197,520 square feet.

When was 1221 Ocean Avenue, Santa Monica, CA 90401 last sold and what was the sale price?

1221 Ocean Avenue, Santa Monica, CA 90401 was last sold on 04/27/2022 for $330,000,000.

What is the assessed value of 1221 Ocean Avenue, Santa Monica, CA 90401?

1221 Ocean Avenue, Santa Monica, CA 90401 is currently assessed at $356,682,232.

What are the property taxes for 1221 Ocean Avenue, Santa Monica, CA 90401?

The property taxes for 1221 Ocean Avenue, Santa Monica, CA 90401 total $4,293,740.

How many residential units does this building have?

This building has 119 residential unit(s).

Disclaimer

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