1024 5th Street 3, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 2 bath
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1024 5th Street 3
Santa Monica, California 90403
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
945Sq Ft
7,513Lot Size
Property Price
LIST PRICE$866,000
EST. MARKET VALUE
$875,000
SUMMARY
This Stunning Move-In Ready Condo is listed at $875,000, offering exceptional value right at its $890,148 Fair Market Value. Featuring a high-end renovated kitchen with navy cabinetry, stainless steel appliances, and updated wood flooring, the property boasts a Condition Rating of 2, requiring zero immediate work. Situated in the highly desirable 90403 zip code, the unit provides access to Top-Rated Schools like Franklin Elementary and includes the rare premium of two assigned parking spaces. It is the perfect fit for professional commuters or first-time buyers seeking a polished, stress-free Santa Monica lifestyle.
Estimated Market Value
$875,000
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 |
|---|---|---|---|---|---|---|
★ 1024 5th Street 3 Subject | $866,000* List Price | 2 | 2 | 945 | $926 | - |
A 1021 5th Street 107 Sold | $915,000 | 2 | 2 | 1,031 | $887 | 0.0 mi |
B 425 Idaho Avenue 10 Sold | $885,000 | 2 | 2 | 1,004 | $881 | 0.2 mi |
C 1130 9th Street 1 Sold | $873,000 | 2 | 2 | 1,166 | $749 | 0.3 mi |
D 521 Montana Avenue 305 Sold | $801,000 | 1 | 1 | 930 | $861 | 0.3 mi |
E 125 Montana Avenue 404 Sold | $885,000 | 1 | 1 | 972 | $910 | 0.4 mi |
F 852 15th Street 6 Sold | $985,000 | 2 | 2 | 872 | $1,130 | 0.8 mi |
G 933 11th Street 21 Active | $925,000 List Price | 2 | 2 | 950 | $974 | 0.5 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.
Despite the 1969 build date, the unit has undergone a recent high-end renovation within the last 5 years. It features modern navy cabinetry, stainless steel appliances, updated wood flooring, and recessed lighting, making it move-in ready with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Prime Location & Schools
Situated in the highly desirable 90403 zip code, this property offers proximity to top-rated Santa Monica schools, including Roosevelt Elementary and Lincoln Middle School.
- Modernized Interior
The unit features a stylishly updated kitchen with navy cabinetry and stainless steel appliances, complemented by wood flooring and a private patio for outdoor living.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-07-31. The sold price is $853,000.00.
- Lack of Views
The property is noted as having no views, which may be a disadvantage for buyers looking for the coastal or city vistas common in the area.
- Compact Square Footage
At 945 square feet for a two-bedroom, two-bathroom configuration, the living spaces may feel somewhat restrictive compared to larger units in the same price bracket.
About 1024 5th Street 3
1024 5th St Apt 3 is a Santa Monica condo with two assigned parking spaces in the gated garage. The kitchen features navy cabinetry, a tile backsplash, and stainless steel appliances, opening into the main living area. Down the hall, bedrooms offer wood flooring, and the bathrooms include a walk-in shower and a tub-shower combination. A patio off the entry adds outdoor space. This condo offers comfortable, low-maintenance living in Santa Monica. Included 100-Day Home Warranty with buyer activation
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1969
- Lot Size
- 7,513 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $490.0 / Month
Neighborhood Insights
Santa Monica Unified Schools
Roosevelt Elementary School
Grades K-5 • 0.4 mi
8/10
Franklin Elementary School
Grades PK-5 • 1.5 mi
9/10
Lincoln Middle School
Grades 6-8 • 0.8 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 | 945 | 1,332.636 |
| Lot Size | 7,513 | 8,171.182 |
| Price | $866.0K | $1.30M |
| Price per sq ft | $916 | $979 |
| Built year | 1969 | 1976 |
| HOA | $490.0 | $553 |
| Days on market | 23 | 57 |
Pricing History
Listed for Sale
Aug 27, 2026
$866,000
$875,000
-1% Price Drop
Initial Listing
Price Change
Aug 17, 2026
$875,000
Initial Listing
Sold
Jul 31, 2026
$853,000
Public Record
Sold
Dec 21, 2022
$971,000
Public Record
Sold
May 21, 2008
$600,000
Public Record