Los Angeles County  »  90401  »  3rd Street Promenade  »  1202 3rd Street Promenade

Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA 90401 - Property report

Also known as: 1202 3rd Street Promenade

Property image for Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA 90401
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Property type

Department Store - One Story (1300)

Year built

1949

Acreage

0.345

Sale price

$20,000,000

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
1202 3rd Street Promenade
Santa Monica, CA 90401
Zip code
90401
Neighborhood
Downtown Santa Monica
County
Los Angeles
Municipality
Santa Monica

Owner

Find out who owns Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA 90401. Uncover corporate and individual owners with a free account.

Building
Property type
Department Store - One Story
Building sq. ft.
44,936
Buildings on lot
1
Stories
1
Year built
1949
Last altered
1970
Sales
Sale date
06/06/2024
Sale price
$20,000,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$383,245
Zoning & use
Zoning
Qualified opportunity zone
Lot
Acreage
0.345

Area overview

Walk score
81 /100.  Very Walkable
Transit score
75 /100.  Excellent Transit
Bike score
84 /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 Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA

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

Sales history for Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA 90401

Sale date Sale price Buyer name Seller name
06/06/2024 $20,000,000 XXXXXX XXX XXX XXXXXX XXXXXX XXXX XX XX

*Most recent sale on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
03/12/2026 Release XXXXXX XXX XXX XXXXX XXXX XX XXXXXX
03/12/2026 Reconveyance
Substitution Trustee		 XXXXX XXXX XX XXXXXX XXXXX XXXX XX XXXXXX
03/04/2026 Agreement
Subordination		 XXXX XXXX XXXXXXX XX XXX XXXX XXXX XXXXXXX XX XXX
03/04/2026 Financing Statement XXXXXX XXX XXX XXXXXX XXXX
03/04/2026 Assignment of Lease
Assignment of Rents		 XXXXXX XXX XXX XXXXXX XXXX
03/04/2026 Assignment of Rents
Construction Trust Deed
Financing Statement		 XXXXXX XXX XXX XXXXXX XXXX
06/06/2024 Assignment of Lease
Assignment of Rents		 XXXXXX XXX XXX XXXXX XXXX XX XXXXXX
06/06/2024 Assignment of Rents
Financing Statement
Trust Deed		 XXXXXX XXX XXX XXXXX XXXX XX XXXXXX
06/06/2024 Grant Deed
(Sale for consideration - full DTT)		 XXXXXX XXXXXX XXXX XX XX XXXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA

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

Current property tax
Tax year
2026-2027
Base tax
$383,245
Current property tax
$433,721
Recent tax assessments
Market value
$31,836,239
Land value
$17,403,811
Building value
$14,432,428

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 $17,410,323 1.2038 $209,585 +6.57%
2024-2025 $17,068,945 1.1522 $196,668 +1.61%
2023-2024 $16,734,261 1.1566 $193,548 +1.17%
2022-2023 $16,406,139 1.1661 $191,312 +2.33%
2021-2022 $16,084,451 1.1623 $186,950 +0.67%
2020-2021 $15,919,526 1.166555 $185,710 +2.98%
2019-2020 $15,301,353 1.178512 $180,328 +6.27%
2018-2019 $15,001,328 1.1311 $169,683 +0.35%
2017-2018 $14,707,185 1.1497 $169,087 +3.20%
2016-2017 $14,418,810 1.1363 $163,844 +1.29%

Special assessments & penalties for Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA

Code Description Tax levied
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 Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
07/16/2026
06/12/2023
08/24/2020
06/12/2019
04/23/2015

*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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

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 Third Street Promenade - 1202 3rd Street Promenade, 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 Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA

1615 Ocean Front Walk, Santa Monica 1299 Ocean Ave, Santa Monica 1633 Ocean Front Walk, Santa Monica 1222 3rd Street Promenade, Santa Monica 1228 3rd Street Promenade, Santa Monica 1212 3rd Street Promenade, Santa Monica 1218 3rd Street Promenade, Santa Monica 1254 3rd Street Promenade, Santa Monica 1619 Ocean Front Walk, Santa Monica 1248 3rd Street Promenade, Santa Monica 225 Arizona Ave, Santa Monica 201 Arizona Ave, Santa Monica 100 Wilshire Blvd, Santa Monica 1605 Ocean Front Walk, Santa Monica 1242 3rd Street Promenade, Santa Monica 1221 Ocean Ave, Santa Monica 1216 2nd St, Santa Monica 1221 2nd St, Santa Monica 124 Wilshire Blvd, Santa Monica 1611 Ocean Front Walk, Santa Monica

Nearby ZIP codes for Third Street Promenade - 1202 3rd Street Promenade, 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 Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA 90401?

The development at Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA 90401 was built in 1949.

What is the market value of Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA 90401?

The current market value of Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA 90401 is $17,410,323.

What is the total square footage of Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA 90401?

Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA 90401 has a total of 44,936 square feet.

What is the price per square foot for this property?

$445 per square foot is the price for Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA 90401.

How many active listings does Third Street Promenade - 1202 3rd Street Promenade, Santa Monica, CA 90401 have?

This address has 4 active listing(s).

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