NOT LISTED FOR SALE

1216 Arizona Ave Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood

Estimated Value: $1,616,000 - $2,188,299

2 Beds
2.5 Baths
1,484 Sq Ft
$100/mo HOA Fee

Last Sold August 30, 2023

Last sale price $1,900,000 $1,280 Per Sq Ft

Current estimated payment $12,274/month

159 Days on Market

Highlights

  • 24-Hour Security
  • City Lights View
  • Modern Architecture
  • McKinley Elementary School Rated A
  • Wood Flooring
  • Built-In Features

About This Home

As of August 2023

State of the art, newly constructed, sleek and modern townhome in the heart of Santa Monica! This beautiful 2 bed/ 3 bath 2-story townhome with a third floor mezzanines. Both homes have a two-car garage, stunning walk-in closets, ample amount of natural light, and a rooftop terrace with a natural gas fireplace! The kitchen comes complete with a blend of a Miele fridge and dishwasher, Fisher & Paykel 36" range, and a Viking microwave. The French door Miele panel ready fridge and Miele panel ready dishwashers add a sleek and sophisticated style to the homes. Main bedroom has an oversized walk-in closet and bathroom that has top of the line finishes. Conveniently located and within walking distance from Santa Monica's high-end restaurants, bars, and stores! Do not wait, this opportunity will not last long!!

Last Agent to Sell the Property

Jimmy Heckenberg

Rodeo Realty License #01910100 Listed on: 03/14/2023

Rodeo Realty

Last Buyer's Agent

Michael Ragazzo

The One Luxury Properties License #02065102

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,796

Year Built

  • Built in 2023

Lot Details

  • 4,792

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 1,484 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Gas Fireplace
  • Living Room
  • Dining Area
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4282-014-022

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,796

Year Built

Built in 2023

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Arizona Ave Townhomes
  • Entry Floor: 1
  • Living Area: 1484
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2023
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Gas, Patio
  • Flooring: Tile, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Garbage Disposal, Microwave, Washer, Dryer, Range/Oven, Refrigerator
  • Price Per S Q F T: 1344.34

Exterior Features

  • Pool: No
  • View: City Lights, City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 100.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4282-014-022

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
Jafar Fini 1999 Revocable Trust and Fini Jafar
Bought by
Franchi Sophia
Current Estimated Value
$1,901,075

Purchase Details

Listed on
Mar 14, 2023
Closed on
Oct 6, 2023
Sold by
1216 Arizona Ave Llc
Bought by
Jafar Fini 1999 Revocable Trust and Fini
Seller's Agent
Jimmy Heckenberg
Rodeo Realty
Buyer's Agent
Michael Ragazzo
The One Luxury Properties
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%
Views
1352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.03%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Franchi Sophia $1,930,000 Chicago Title Company
Jafar Fini 1999 Revocable Trust $1,825,000 Fidelity National Builders Ser
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $1,900,000 -4.8% $1,280 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $1,995,000 0.0% $1,344 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $1,995,000 -4.8% $1,344 / Sq Ft
07/07/2023 07/07/23 Price Changed $2,095,000 -2.3% $1,412 / Sq Ft
05/31/2023 05/31/23 Price Changed $2,145,000 -6.5% $1,445 / Sq Ft
05/16/2023 05/16/23 Price Changed $2,295,000 -4.2% $1,546 / Sq Ft
03/29/2023 03/29/23 For Sale $2,395,000 +26.1% $1,614 / Sq Ft
03/15/2023 03/15/23 Off Market $1,900,000 -- --
03/14/2023 03/14/23 For Sale $2,395,000 +62.9% $1,614 / Sq Ft
03/11/2016 03/11/16 Sold $1,470,000 -1.7% --
01/26/2016 01/26/16 Pending -- -- --
09/25/2015 09/25/15 For Sale $1,495,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,796 $1,968,600 $1,378,020 $590,580
2024 $21,796 $1,825,000 $825,000 $1,000,000
2023 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Heckenberg

    Seller's Agent in 2023

    Jimmy Heckenberg

    Rodeo Realty

    (310) 650-1116

    2 in this area

    160 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Michael Ragazzo

    The One Luxury Properties

    (714) 617-7342

    1 in this area

    10 Total Sales

    Section Image
  • Lorin Ruttenberg

    Seller's Agent in 2016

    Lorin Ruttenberg

    Compass

    (310) 500-3905

    145 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 23-243891

The MLS

APN: 4282-014-042

California Los Angeles County Santa Monica 90401 Mid-City Santa Monica

1216 Arizona Ave, Santa Monica, CA

This home is located at 1216 Arizona Ave, Santa Monica, CA 90404 since 14 March 2023 and is currently estimated at $1,901,075, approximately $1,281 per square foot. This property was built in 2023. 1216 Arizona Ave is a home located in Los Angeles County with nearby schools including McKinley Elementary School, Lincoln Middle School, and Santa Monica High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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