Los Angeles County » 90401 » 3rd Street Promenade » 1241 3rd Street Promenade

1241 3rd Street Promenade, Santa Monica, CA 90401 - Property report

Also known as: 1241 3rd Street Promenade

Property image for 1241 3rd Street Promenade, Santa Monica, CA 90401

Property type

Store - One Story (1100)

Year built

1948

Acreage

0.103

Sale price

$1,457,000

General Information

Address

Primary address

1241 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.

3,900

Buildings on lot

Stories

Year built

1948

Last altered

1970

Sales

Sale date

06/29/2021

Sale price

$1,457,000

Arm's length

Tax

Tax year

2026-2027

Property tax

$89,746

Zoning & use

Zoning

Qualified opportunity zone

Lot

Acreage

0.103

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 1241 3rd Street Promenade, Santa Monica, CA

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 1241 3rd Street Promenade, Santa Monica, CA 90401

Sale date	Sale price	Buyer name	Seller name
06/29/2021	$1,457,000	XXXX XXX XXXXXX XXX; XXX XXX XXXXXX XXXXXXXXX XXX; XXXX XXX XXXXXX XXX	XXXXXXX XXXXXX-XXXXX XXXXXX XXX

*Most recent sale on record for this property.

More about Los Angeles County property records.

Title documents

Date	Type	Party 1	Party 2
06/29/2021	Grant Deed (Sale for consideration - full DTT - 2 parcels in multiple sale)	XXXXXXX XXXXXX-XXXXX XXXXXX XXX	XXXX XXX XXXXXX XXX
10/10/2014	Assignment Financing Statement	XXXXXXX XXXXXX XXXXX XXXXXX XXX	XXXX XXXX XXXX XXXXXXXX XXXXX
09/17/2014	Assignment of Lease Assignment of Rents	XXX XXXX XXXXXX XXXXXXXXXX XXX	XXX XXXXXXX XX XXXX XXXX XXXX XXXXXXXX XXXXX
09/17/2014	Assignment Financing Statement Assignment Trust Deed	XXXXXXX XXXXXX XXXXX XXXXXX XXX	XXX XXXXXXX XX XXXX XXXX XXXX XXXXXXXX XXXXX
06/09/2014	Financing Statement	XXXXXXX XXXXXX XXXXX XXXXXX XXX	XXX XXXX XXXXXX XXXXXXXXXX XXX
06/09/2014	Assignment of Lease Assignment of Rents	XXXXXXX XXXXXX XXXXX XXXXXX XXX	XXX XXXX XXXXXX XXXXXXXXXX XXX
06/09/2014	Assignment of Rents Financing Statement Trust Deed	XXXXXXX XXXXXX XXXXX XXXXXX XXX	XXX XXXX XXXXXX XXXXXXXXXX XXX
06/09/2014	Grant Deed (File correction - 2 parcels in multiple sale)	XXXXXXX XXXXXX XXXXX XXXXXX	XXXXXXX XXXXXX XXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1241 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

$89,746

Current property tax

$95,494

Recent tax assessments

Market value

$7,455,191

Land value

$5,090,252

Building value

$2,364,939

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	$7,309,012	1.2038	$87,986	+6.57%
2024-2025	$7,165,699	1.1522	$82,563	+2295.58%
2023-2024	$297,984	1.1566	$3,446	+1.17%
2022-2023	$292,142	1.1661	$3,407	+2.33%
2021-2022	$286,415	1.1623	$3,329	+0.67%
2020-2021	$283,479	1.166555	$3,307	+2.98%
2019-2020	$272,473	1.178512	$3,211	+6.27%
2018-2019	$267,131	1.1311	$3,022	+0.35%
2017-2018	$261,894	1.1497	$3,011	+3.20%
2016-2017	$256,760	1.1363	$2,918	+1.29%

Special assessments & penalties for 1241 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 1241 3rd Street Promenade, Santa Monica, CA

No recently recorded permits for this property.

More about Los Angeles County property records

Listings

Commercial listings at 1241 3rd Street Promenade, Santa Monica, CA 90401

Photo	Listing Type	Property Type	Price	Sq. ft.	Listing Date	Last Updated
	For Lease	Retail	Listing price not available	29,400	07/25/2023	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 1241 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 1241 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 1241 3rd Street Promenade, Santa Monica, CA 90401?

The development at 1241 3rd Street Promenade, Santa Monica, CA 90401 was built in 1948.

What is the market value of 1241 3rd Street Promenade, Santa Monica, CA 90401?

The current market value of 1241 3rd Street Promenade, Santa Monica, CA 90401 is $7,309,012.

What is the total square footage of 1241 3rd Street Promenade, Santa Monica, CA 90401?

1241 3rd Street Promenade, Santa Monica, CA 90401 has a total of 3,900 square feet.

What is the price per square foot for this property?

$373 per square foot is the price for 1241 3rd Street Promenade, Santa Monica, CA 90401.

How many active listings does 1241 3rd Street Promenade, Santa Monica, CA 90401 have?

This address has 3 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.