1018 4th Street 103, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 2 bath
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1018 4th Street 103
Santa Monica, California 90403
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
940Sq Ft
15,003Lot Size
Property Price
LIST PRICE$995,000
EST. MARKET VALUE
$949,660
4% AboveMARKET VALUE
SUMMARY
This North of Wilshire Condominium represents a High-Potential Investment Opportunity, listed at $995,000—positioned well above the $949,660 Fair Market Value by -4%. While priced at a premium, the property features an Excellent Condition Rating with a Granite Kitchen, engineered wood floors, and a Large Private Patio. Located in a top-tier school district with proximity to Montana Avenue, this unit offers a stable, high-demand lifestyle asset. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a long-term Santa Monica residence.
Estimated Market Value
$949,660
Based on Realkey algorithm analyzing recent comparable sales in Santa Monica.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1018 4th Street 103 Subject | $995,000* List Price | 2 | 2 | 940 | $1,010 | - |
A 1024 5th Street 3 Sold | $852,600 | 2 | 2 | 945 | $902 | 0.1 mi |
B 425 Idaho Avenue 10 Sold | $885,000 | 2 | 2 | 1,004 | $881 | 0.2 mi |
C 101 California Avenue 1006 Sold | $1,290,000 | 1 | 2 | 1,077 | $1,198 | 0.2 mi |
D 937 12th Street 308 Sold | $785,000 | 1 | 1 | 805 | $975 | 0.7 mi |
E 1130 9th Street 1 Sold | $873,000 | 2 | 2 | 1,166 | $749 | 0.4 mi |
F 521 Montana Avenue 305 Sold | $801,000 | 1 | 1 | 930 | $861 | 0.4 mi |
G 1021 5th Street 107 Sold | $915,000 | 2 | 2 | 1,031 | $887 | 0.1 mi |
H 125 Montana Avenue 404 Sold | $885,000 | 1 | 1 | 972 | $910 | 0.4 mi |
I 1024 5th Street 3 Active | $875,000 List Price | 2 | 2 | 945 | $926 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 2000, the property has undergone significant recent renovations including beautifully remodeled bathrooms with modern tile and fixtures, updated engineered wood flooring, and a kitchen featuring custom cabinetry and high-end stainless steel appliances. The inclusion of central HVAC and in-unit laundry, combined with the mint interior condition, meets the criteria for a recent high-quality renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Prime Walkable Location
Situated in the highly coveted North of Wilshire neighborhood, the property offers unparalleled walkability to Montana Avenue, the beach, and the Third Street Promenade.
- Modern Interior Upgrades
The unit features high-quality finishes including remodeled bathrooms, engineered wood floors, and a well-appointed kitchen with granite countertops and stainless-steel appliances.
CONSRISKS & DEFICIENCIES
- Delayed Occupancy
The property is tenant-occupied until November 2026, making it unsuitable for immediate owner-occupancy and limiting the buyer pool to long-term investors.
- Lack of Scenic Views
The unit is noted as having no views, which may be a disadvantage for buyers seeking the coastal or city vistas typically associated with Santa Monica real estate.
About 1018 4th Street 103
Coastal Santa Monica at Your Doorstep! Live where Santa Monica's best is right outside your door. Tucked into the highly desirable North of Wilshire neighborhood, this inviting 2-bedroom, 2-bath condominium offers an exceptional opportunity to experience the very best of Santa Monica living. From this enviable address, stroll to Montana Avenue for morning coffee and boutique shopping, wander to the bluffs and beach, explore Third Street Promenade, or enjoy the Farmers Market, all just moments from home. Inside, a thoughtfully designed open floor plan welcomes you with comfortable living and dining spaces that seamlessly connect to a large private patio, creating an effortless indoor-outdoor lifestyle. The well-appointed kitchen features custom cabinetry, granite countertops, & stainless-steel appliances. The spacious primary suite features generous mirrored closets and an updated en-suite bath with dual sinks, while a second bedroom offers versatility for guests, an office, or additional living space. Beautifully remodeled bathrooms, engineered wood floors, central air conditioning, and in-unit laundry add to the home's everyday ease. Two side-by-side parking spaces in the secure subterranean garage, along with elevator access, complete the package. More than a home, this is a Santa Monica lifestyle where the beach, bluffs, dining, shopping, culture, and the unmistakable energy of the Westside are all within easy reach. ** UNIT IS TENANT OCCUPIED UNTIL NOV 2026**
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2000
- Lot Size
- 15,003 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $588.6 / Month
Neighborhood Insights
Santa Monica Unified Schools
Roosevelt Elementary School
Grades K-5 • 0.4 mi
8/10
Franklin Elementary School
Grades PK-5 • 1.6 mi
9/10
Lincoln Middle School
Grades 6-8 • 0.9 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 940 | 1,332.636 |
| Lot Size | 15,003 | 8,171.182 |
| Price | $995.0K | $1.30M |
| Price per sq ft | $1.1K | $979 |
| Built year | 2000 | 1976 |
| HOA | $588.6 | $553 |
| Days on market | 23 | 57 |
Pricing History
Listed for Sale
Aug 17, 2026
$995,000
Initial Listing
Sold
Apr 3, 2015
$841,000
Public Record
Sold
Feb 10, 2006
$818,000
Public Record
Sold
Dec 13, 2001
$440,500
Public Record
Sold
Sep 29, 2000
$412,500
Public Record