Los Angeles County » 90401 » 3rd Street Promenade » 1222 3rd Street Promenade

1222 3rd Street Promenade, Santa Monica, CA 90401 - Property report

Also known as: 1222 3rd Street Promenade

Property image for 1222 3rd Street Promenade, Santa Monica, CA 90401

Property type

Store - One Story (1100)

Year built

1981

Acreage

0.172

Sale price

$6,500,000

General Information

Address

Primary address

1222 3rd Street Promenade
Santa Monica, CA 90401

Zip code

90401

Neighborhood

Downtown Santa Monica

County

Los Angeles

Municipality

Santa Monica

Building

Property type

Store - One Story

Building sq. ft.

15,000

Buildings on lot

Stories

Year built

1981

Last altered

1989

Sales

Sale date

06/06/2024

Sale price

$6,500,000

Arm's length

Tax

Tax year

2026-2027

Property tax

$148,188

Zoning & use

Zoning

Qualified opportunity zone

Lot

Acreage

0.172

Area overview

Walk score

95 /100. Walker's Paradise

Transit score

76 /100. Excellent Transit

Bike score

82 /100. Very Bikeable

School district

Santa Monica-Malibu Unified School District

Weed hazard

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 1222 3rd Street Promenade, Santa Monica, CA

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 1222 3rd Street Promenade, Santa Monica, CA 90401

Sale date	Sale price	Buyer name	Seller name
06/06/2024	$6,500,000	XXX XXX XXX	XXXXXX XXXXXX XXXX X XX
05/09/1989	$930,000	XXXXXX XXX	XXXXX
05/09/1989	$664,500	XXXXX XXX	XXXXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date	Type	Party 1	Party 2
05/11/2026	Release	XXXXX XXXX XX XXXXXX	XXX XXX XXX
05/11/2026	Reconveyance Substitution Trustee	XXXXX XXXX XX XXXXXX	XXXXX XXXX XX XXXXXX
06/06/2024	Assignment of Lease Assignment of Rents	XXX XXX XXX	XXXXX XXXX XX XXXXXX
06/06/2024	Assignment of Rents Financing Statement Trust Deed	XXX XXX XXX	XXXXX XXXX XX XXXXXX
06/06/2024	Grant Deed (Sale for consideration - full DTT)	XXXXXX XXXXXX XXXX X XX	XXX XXX XXX
03/31/1997	Deed	XXXXXX, XXX XXXXXXX	XXXXXX XXXXXX X X
05/09/1989	Deed	XXXXX	XXXXX XXX
05/09/1989	Deed	XXXXX	XXXXXX XXX
05/09/1989	Deed	XXXXX	XXXXXX XXX
05/09/1989	Deed	XXXXX	XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1222 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

$148,188

Current property tax

$165,575

Recent tax assessments

Market value

$12,310,012

Land value

$9,232,509

Building value

$3,077,503

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	$6,520,538	1.2038	$78,494	+6.57%
2024-2025	$6,392,686	1.1522	$73,657	+1.61%
2023-2024	$6,267,340	1.1566	$72,488	+1.17%
2022-2023	$6,144,452	1.1661	$71,650	+2.33%
2021-2022	$6,023,974	1.1623	$70,017	+0.67%
2020-2021	$5,962,207	1.166555	$69,552	+2.98%
2019-2020	$5,730,689	1.178512	$67,537	+6.27%
2018-2019	$5,618,323	1.1311	$63,550	+0.35%
2017-2018	$5,508,161	1.1497	$63,327	+3.20%
2016-2017	$5,400,159	1.1363	$61,363	+1.29%

Special assessments & penalties for 1222 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 1222 3rd Street Promenade, Santa Monica, CA

Issued date	Permit number	Permit type	Sub type	Valuation	Expire date	Status
04/03/2024
07/13/2022
07/07/2022
05/02/2022
12/04/2018

*Most recent permits on record for this property.

More about Los Angeles County property records

Listings

Commercial listings at 1222 3rd Street Promenade, Santa Monica, CA 90401

Photo	Listing Type	Property Type	Price	Sq. ft.	Listing Date	Last Updated
	For Lease	Street Retail	Listing price not available	180,988	01/17/2017	08/04/2026	View listing

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

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 1222 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.

Nearby ZIP codes for 1222 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 1222 3rd Street Promenade, Santa Monica, CA 90401?

The development at 1222 3rd Street Promenade, Santa Monica, CA 90401 was built in 1981.

What is the market value of 1222 3rd Street Promenade, Santa Monica, CA 90401?

The current market value of 1222 3rd Street Promenade, Santa Monica, CA 90401 is $6,520,538.

What is the total square footage of 1222 3rd Street Promenade, Santa Monica, CA 90401?

1222 3rd Street Promenade, Santa Monica, CA 90401 has a total of 15,000 square feet.

What is the price per square foot for this property?

$433 per square foot is the price for 1222 3rd Street Promenade, Santa Monica, CA 90401.

How many active listings does 1222 3rd Street Promenade, Santa Monica, CA 90401 have?

This address has 4 active listing(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.