1012 2nd Street 1, Santa Monica, California 90403, Santa Monica, 90403 - 3 bed, 3 bath

1012 2nd Street 1, Santa Monica, California 90403 home-pic-0
ACTIVE$2,699,000
1012 2nd Street 1, Santa Monica, California 90403
3Beds
3Baths
1,850Sqft
7,510Lot
Year Built
2016
Close
-
List price
$2.7M
Original List price
$2.95M
Price/Sqft
$1,459
HOA
$1,301.68
Days on market
-
Sold On
-
MLS number
25481305
Home ConditionExcellent
Features
Good View:
Patio
View

About this home

We found 3 Cons,6 Pros. Rank: price - $2.70M(95th), sqft - 1850(82th), beds - 3(73th), baths - 3(50th).

Available FULLY FURNISHED. This exquisite property offers a unique and stylish living experience that seamlessly blends form and function in a prime Santa Monica location just blocks to Montana Ave, Palisades Park, award-winning schools and beautiful beaches. The original 1924 Craftsman was expanded and transformed into a contemporary masterpiece in 2016 - with wide open spaces, soaring ceilings and thoughtful details - including smart home capabilities for lighting, entertainment, security and more. With 3 bedrooms, 3 bathrooms and a generous 1,850 square feet of living space, this (mostly) single-level condominium exudes style, elegance and an inviting vibe. The convenient proximity to the beach - just steps to the pedestrian overpass leading directly to the sand, Jonathan Club and bike path, ensures that you can enjoy breathtaking sunsets, invigorating walks, and relaxing picnics by the water with ease. Enjoy all the amenities of the nearby Fairmont - whether stopping by the spa, restaurant, or for hosting out-of-town guests - located just one block to such a renowned hotel brings additional luxury to an already exclusive experience. The condo itself is a unique find, boasting an architectural blend of historic preservation and modern sophistication. With meticulous attention to detail, the interior design creates an atmosphere that is both inviting and luxurious. The all-white designer kitchen features Miele appliances, extensive storage, and a built-in water filtration system. One of the standout features is its layout, which offers the feeling of a single-family home. The single-level design (there are a few steps down to the primary bedroom) ensures easy navigation and effortless transitions between the living spaces. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating a sense of spaciousness and unity. Natural light floods the interior through large, front-facing windows, enhancing the warm and inviting ambiance throughout the day. The Primary Bedroom provides ample space for relaxation and privacy. With direct access to one of the two exclusive outdoor spaces, enjoy your evenings around the firepit with a glass of wine or simply with the company of friends and family. The primary bath features designer finishes including a floating dual-vanity, large standing shower, an oversized soaking tub and smart Toto Neorest Toilet. A noteworthy advantage of this historically preserved property is the potential positive effect on property taxes via the Mills Act. By preserving the historical charm and significance of the condo, you may benefit from reduced property tax obligations, making this an even more attractive investment opportunity. Overall, this unique and stylish condo offers the perfect balance of elegance, functionality, and proximity to the beach. Its prime location in Santa Monica, combined with its distinctive design sets it apart as an exceptional property. Additional attic storage with built-in storage. 2-car parking in secured garage, each pre-wired with 220v outlets for EV chargers. Don't miss your chance to own this remarkable residence and experience the very best of coastal living.

Nearby schools

8/10
Roosevelt Elementary School
Public,K-50.6mi
9/10
Franklin Elementary School
Public,PK-51.7mi
8/10
Lincoln Middle School
Public,6-81.0mi
8/10
Santa Monica High School
Public,9-121.2mi

Price History

Date
Event
Price
02/13/20
Sold
$2,895,000
Condition Rating
Excellent

This property, originally built in 1924, underwent an extensive and high-quality transformation in 2016, effectively making it an 8-year-old contemporary masterpiece. The description highlights an 'all-white designer kitchen' with 'Miele appliances' and a 'built-in water filtration system,' indicating top-tier, modern features. The primary bathroom is equally impressive with 'designer finishes,' a 'floating dual-vanity,' 'large standing shower,' 'oversized soaking tub,' and a 'smart Toto Neorest Toilet.' The presence of 'smart home capabilities' and EV charger-ready parking further solidifies its modern, high-end status. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Franklin Elementary School (9/10).
Exceptional Location & Walkability: Prime Santa Monica address, steps to the beach via pedestrian overpass, Jonathan Club, bike path, and one block from Fairmont amenities. Proximity to Montana Ave, Palisades Park, and award-winning schools.
Modern Renovation & Smart Home Integration: A 1924 Craftsman transformed into a 2016 contemporary masterpiece with wide open spaces, soaring ceilings, and smart home capabilities for lighting, entertainment, and security.
Luxury Finishes & Appliances: Features an all-white designer kitchen with Miele appliances and a built-in water filtration system, along with a primary bath boasting designer finishes, a floating dual-vanity, oversized soaking tub, and smart Toto Neorest Toilet.
Potential Mills Act Tax Benefits: As a historically preserved property, it offers the potential for reduced property tax obligations, enhancing its investment appeal.
Comprehensive Amenities & Parking: Includes being fully furnished, two exclusive outdoor spaces (one with a firepit), additional attic storage, and a 2-car secured garage pre-wired with 220v outlets for EV chargers.

Cons

High Monthly Association Fees: The association fee of $1,301.68 is substantial and adds significantly to the monthly cost of ownership.
Condominium Limitations: Despite offering a single-family home feel, it is a condominium, which may entail shared walls, HOA regulations, and less privacy or outdoor space compared to a detached home.
Partial Single-Level Design: While advertised as 'mostly single-level,' the presence of 'a few steps down to the primary bedroom' means it's not fully accessible on one level, which could be a consideration for some buyers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state