Santa Monica Mansion Tax Calculator 2026
Instantly estimate the Santa Monica transfer tax on your property sale. SM applies a 5.6% rate on properties sold for more than $8,000,000.
SM Transfer Tax Calculator
Santa Monica • Instant Estimate
No Transfer Tax Applies
At a purchase price of $2,500,000, your transaction falls below the SM transfer tax threshold.
Estimate based on current Santa Monica tax regulations. Consult a licensed professional for exact figures.
Example: Mansion Tax Calculation for a $3 Million Property in 2026
A property sold for $3,000,000 in Santa Monica falls well below the $8,000,000 threshold. Because the sale price does not exceed this minimum, the 5.6% transfer tax does not apply, resulting in $0 in additional mansion tax.
Santa Monica Transfer Tax Rate — 2026
| Sale Price | Transfer Tax Rate |
|---|---|
| $8,000,000 or below | 0.00% (Exempt) |
| Over $8,000,000 | 5.60% |
💡 Santa Monica's 5.6% is one of the highest transfer tax rates in the nation. It applies to the entire sale price once the $8M threshold is exceeded. Revenue funds affordable housing and homelessness prevention.
Santa Monica Transfer Tax FAQ
What is the Santa Monica mansion tax?
Santa Monica imposes a 5.6% transfer tax on property sales exceeding $8M. The rate applies to the entire sale price. Revenue funds affordable housing and homelessness prevention.
Who pays the SM transfer tax?
The transfer tax is typically paid by the seller, though the economic burden may be negotiated between parties.
How does SM compare to LA's Measure ULA?
SM has a higher threshold ($8M vs. $5.1M) but a slightly higher peak rate (5.6% vs. 5.5%). LA uses two tiers while SM uses a single rate.
Are properties under $8M exempt?
Properties sold for $8M or less are exempt from the 5.6% mansion tax. Standard Santa Monica documentary transfer taxes still apply.