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1048 3rd St

Santa Monica, CA 90403

3 bd 4 ba 1,930 sqft Built 2002 Lot 7,508 sqft townhomes
Most recent sale
$2,100,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 9, 2024 Sold $2,220,000 CRMLS
Sep 3, 2024 Price changed $2,419,000 CRMLS
Aug 2, 2024 Listed $2,519,000 CRMLS
Jul 1, 2022 Sold $2,100,000 Public Record
May 18, 2022 Listed $2,149,000 MLS #22-158263
Mar 22, 2022 Listed $2,225,000 MLS #22-138749
Aug 25, 2020 Listing removed $6,500 TheMLSCLAW
Aug 5, 2020 Price changed for rent $6,500 TheMLSCLAW
Jul 14, 2020 Price changed for rent $6,950 TheMLSCLAW
Jun 25, 2020 Price changed $2,198,000 MLS #20-566134
Jun 25, 2020 Price changed for rent $7,200 TheMLSCLAW
Jun 7, 2020 Relisted $2,300,000 MLS #20-566134
Jun 7, 2020 Price changed for rent $7,800 TheMLSCLAW
May 20, 2020 Listed for rent $8,000 TheMLSCLAW
Apr 9, 2020 Price changed for rent $8,500 TheMLSCLAW
Mar 24, 2020 Listed $2,300,000 MLS #20-566134
Mar 24, 2020 Listed for rent $9,000 TheMLSCLAW
Sep 16, 2019 Listing removed $8,995 CRISNET
Sep 7, 2016 Listing removed $8,950 TheMLSCLAW
Aug 31, 2016 Listing removed $8,250 PasadenaPFAR
Jul 1, 2016 Listed for rent $8,950 TheMLSCLAW
Jun 30, 2016 Listing removed $8,250 ITECH
Jun 13, 2016 Price changed for rent $8,250 ITECH
Jun 4, 2016 Listed for rent $8,250 PasadenaPFAR
May 31, 2016 Listing removed $8,995 CRISNET
May 2, 2016 Price changed for rent $8,995 CRISNET
Mar 24, 2016 Listed for rent $9,750 CRISNET
Mar 4, 2016 Listing removed $10,000 CRISNET
Feb 10, 2016 Listed for rent $10,000 CRISNET
Feb 15, 2011 Listing removed $10,500 TheMLSCLAW
Feb 10, 2011 Listing removed $10,500 ITECH
Dec 29, 2010 Price changed for rent $10,500 TheMLSCLAW
Nov 11, 2010 Price changed for rent $3,200 TheMLSCLAW
Oct 30, 2010 Listed for rent $10,500 ITECH
Feb 6, 2003 Sold $869,000 MLS #02058383
Nov 16, 2002 Listing removed $899,000 ITECH
Sep 27, 2002 Listed $899,000 MLS #02058383
Aug 9, 2002 Listing removed $899,000 ITECH
Aug 9, 2002 Listed $899,000 MLS #02047567
Jun 10, 2002 Listing removed $945,000 ITECH
Jun 10, 2002 Listed $899,000 MLS #02033359
Mar 26, 2002 Listed $945,000 MLS #02017265

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $663,900 $1,556,100 $2,220,000 $27,545
2024 $663,900 $1,556,100 $2,220,000 $25,451
2023 $651,900 $1,448,100 $2,100,000 $25,044
2022 $463,205 $722,791 $1,185,996 $14,558
2021 $454,123 $708,619 $1,162,742 $14,189
2020 $449,467 $701,353 $1,150,820 $14,010
2019 $440,654 $687,601 $1,128,255 $13,865
2018 $432,014 $674,119 $1,106,133 $13,044
2017 $423,544 $660,901 $1,084,445 $12,983
2016 $415,240 $647,943 $1,063,183 $12,558
2015 $409,003 $638,211 $1,047,214 $12,393
2014 $400,992 $625,710 $1,026,702 $12,217
2013 $399,180 $622,883 $1,022,063 $12,143
2012 $391,353 $610,670 $1,002,023 $11,863
2010 $380,813 $594,223 $975,036 $11,573
2009 $381,718 $595,635 $977,353 $11,315
2008 $374,234 $583,956 $958,190 $11,059
2007 $366,897 $572,506 $939,403 $10,935

Property facts

Year built
2002
Property type
townhomes
Stories
2
Beds
3
Baths
4
Living area
1,930 sqft
Lot size
7,508 sqft
ZIP code
90403
City
Santa Monica
Street
3rd St
Coordinates
34.01990, -118.50148

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$12,600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1048 3rd St last sell?
1048 3rd St most recently sold on Jul 1, 2022 for $2,100,000.
What is the current tax assessment for 1048 3rd St?
The most recent total assessment for 1048 3rd St (year 2025) is $2,220,000 with $27,545 in property tax.
How does 1048 3rd St's assessment compare to its last sale price?
The current assessment is 5.7% above the last sale price of $2,100,000.
When was 1048 3rd St built?
1048 3rd St was built in 2002.
How does 1048 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 1048 3rd St?
1048 3rd St is a 3 bed, 4 bath, 1,930 sqft, 7,508 sqft lot townhomes.
Is 1048 3rd St a flip candidate?
No — 1048 3rd St does not appear in our flips dataset.
Is 1048 3rd St a tax-appeal candidate?
No — 1048 3rd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.8%
Implied 1-yr
+3.3%
2026 Q3
$2.62M
2026 Q4
$2.64M
ZIP 90403 — Median Price History + Forecast

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