1021 5th Street 106, Santa Monica, California 90403, Santa Monica, 90403 - 1 bed, 1 bath
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Santa Monica, California 90403
This Prime Santa Monica Coastal Condominium is listed at $715,000, offering a stable acquisition opportunity near its $681,976 Fair Market Value. Featuring a Condition Rating of 3, the residence is move-in ready with an updated kitchen boasting stone countertops and stainless steel appliances. Residents benefit from a premier location blocks from the beach and the Third Street Promenade, while families gain access to the elite Franklin Elementary School (9/10). This property is a sophisticated sanctuary perfectly suited for professionals or first-time buyers seeking the ultimate coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1021 5th Street 106 Subject | $715,000* List Price | 1 | 1 | 745 | $915 | - |
A 1040 4th Street 108 Sold | $550,000 | 1 | 1 | 674 | $816 | 0.1 mi |
B 914 Lincoln Boulevard 307 Sold | $693,000 | 1 | 1 | 724 | $957 | 0.2 mi |
C 521 Montana Avenue 305 Sold | $801,000 | 1 | 1 | 930 | $861 | 0.3 mi |
D 844 7th Street 1 Sold | $820,000 | 2 | 2 | 918 | $893 | 0.3 mi |
E 914 Lincoln Boulevard 207 Active | $690,000 List Price | 1 | 1 | 724 | $953 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1971, the property appears well-maintained and move-in ready based on the provided images. The kitchen has been updated with modern white shaker-style cabinetry, stone countertops, and stainless steel appliances. The bathroom features a contemporary vanity and clean fixtures. While the building is older, the unit shows minimal wear with updated flooring and a functional layout, though the listing disclaimer regarding the accuracy of the photos suggests the score is based on the representative quality shown.
Elementary School: Franklin Elementary School (9/10).
Situated on one of Santa Monica's most desirable streets, the property is just blocks from the beach, Third Street Promenade, and Montana Avenue's premier shopping and dining.
The monthly association fee is notably low for the area and includes earthquake insurance, providing significant value and financial security within a boutique 21-unit complex.
The listing disclaimer stating that photos may not represent the actual unit for sale creates uncertainty regarding the current interior condition and aesthetic.
Constructed in 1971, the property may require modern aesthetic updates or system renovations to align with contemporary luxury standards in the Santa Monica market.
Located on one of the best streets in Santa Monica, with just a few blocks from the Promenade, the Beach, Montana and some of the best restaurants and shopping, is this charmng 1 bedroom, 1 bath unit, in 745 square feet. The unit overlooks the charming court yard and has a great floor plan. Great closet space, an inviting gas fireplace in the living room, a spacious primary bedroom with a balcony are just some of the features the unit offers. A 21 unit complex with low dues that include earthquake insurance. Pictures may not represent the actual unit for sale.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades PK-5 • 1.5 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 14% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 745 | 1,394 | 9% |
| Lot Size | 15,015 | 7,985.5 | 74% |
| Price | $715.0K | $1.40M | 9% |
| Price per sq ft | $960 | $994 | 45% |
| Built year | 1971 | 1974 | 38% |
| HOA | $418.56 | $648 | 17% |
| Days on market | 63 | 171 | 9% |
Feb 18, 2026
$715,000
Initial Listing