
Santa Monica, California 90403
This Renovated Coastal Condominium is a High-Potential Investment Opportunity, listed at $1,678,000—positioned above the $1,548,796 Fair Market Value. While priced at a premium, the property offers an Excellent Condition Rating with high-end finishes, including a Chef's Kitchen with Viking appliances and a Private Terrace. Located in a prime Santa Monica neighborhood near Top-Rated Schools like Franklin Elementary, this residence provides a turnkey lifestyle. It is an ideal acquisition for Luxury Homebuyers or Owner-Occupants seeking a sophisticated, move-in ready sanctuary near the beach.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1018 4th Street 203 Subject | $1,678,000* List Price | 2 | 3 | 1,406 | $1,102 | - |
A 930 3rd Street 305 Sold | $1,425,000 | 2 | 2 | 1,283 | $1,111 | 0.1 mi |
B 1133 9th Street 202 Sold | $1,440,000 | 2 | 2 | 1,410 | $1,021 | 0.5 mi |
C 843 4th Street 103 Sold | $1,498,000 | 3 | 3 | 1,747 | $857 | 0.2 mi |
D 1049 16th Street 5 Sold | $1,489,000 | 3 | 3 | 1,516 | $982 | 1.0 mi |
E 1131 12th Street 102 Active | $1,425,000 List Price | 2 | 3 | 1,466 | $972 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 2000, the unit has undergone a high-end renovation featuring a chef's kitchen with premium Viking appliances and updated spa-like bathrooms. The interior shows in mint condition with modern recessed lighting, crown molding, and hardwood floors, qualifying it as a recently renovated, move-in ready property.
Elementary School: Franklin Elementary School (9/10).
Situated North of Wilshire and just four blocks from the beach, this property offers unparalleled access to Santa Monica’s best dining, the Third Street Promenade, and the upscale boutiques of Montana Avenue.
The unit features two highly coveted non-tandem parking spaces in a secure garage and a large in-unit laundry/storage room, providing a level of convenience rarely found in Santa Monica condominiums.
Despite its proximity to the coast, the property is listed as having no specific view, which may be a disadvantage for luxury buyers expecting ocean or city vistas at this price point.
At nearly $1,200 per square foot without a view, the property is positioned at a premium price point that may face stiff competition from newer developments or units with better outlooks.
LOCATION! LOCATION! LOCATION! Live the ultimate Santa Monica lifestyle North of Wilshire and four blocks from the iconic Santa Monica Beach. This renovated rear-corner residence offers an elevated coastal lifestyle. Flooded with natural light and soothing ocean breezes from two walls of windows, the spacious 1,406 sq. ft. single-level floor plan feels remarkably like a private home. The expansive living and dining area flows seamlessly through French doors onto a charming private terrace. A chef's kitchen comes complete with a breakfast bar, stainless steel appliances, and a premium Viking stove. Retreat to the primary suite, featuring a walk-in closet and a spa-like bathroom with a separate tub and shower. Rare conveniences set this unit apart, including two non-tandem parking spaces in a secure gated garage and a large in-unit laundry/storage room. Situated in the secure Ocean Regency building (built in 2000) with seamless, step-free elevator access from both the street and garage, you are just moments from the upscale boutiques on Montana Avenue, the Promenade, and the beach.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades PK-5 • 1.6 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,406 | 1,400 | 50% |
| Lot Size | 15,003 | 8,473.5 | 63% |
| Price | $1.68M | $1.45M | 66% |
| Price per sq ft | $1.2K | $979 | 82% |
| Built year | 2000 | 1975 | 86% |
| HOA | $585.0 | $648 | 41% |
| Days on market | 10 | 145 | 2% |
May 27, 2026
$1,678,000
Initial Listing
Nov 13, 2018
$1,505,000
Public Record
Aug 24, 2007
$975,000
Public Record
Sep 26, 2001
$620,000
Public Record