1031 10th Street, Santa Monica, California 90403, Santa Monica, 90403 - 5 bed, 6 bath
1031 10th Street
Santa Monica, California 90403
Property Price
SUMMARY
Analysis of 1031 10th Street, Santa Monica, California 90403 is currently available with a list price of $2,400,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1950, this property's age suggests that major systems and interior finishes, particularly the kitchen and bathrooms, are likely very outdated and require substantial renovation. The MLS analysis explicitly notes that the property 'may require significant updates to its infrastructure (e.g., plumbing, electrical, HVAC) and interior finishes to meet modern standards, incurring additional costs.' While the exterior appears maintained, the lack of interior photos combined with the age and the stated need for significant infrastructure and aesthetic updates points to a condition where major components require repair or replacement to meet current living standards, aligning with a 'Poor' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Prestigious Santa Monica Location
Situated in the highly sought-after Santa Monica area, offering access to amenities, beaches, and a vibrant lifestyle.
- Expansive Interior Space
Boasts a substantial 3900 sqft with 5 bedrooms and 6 bathrooms, providing ample living space for comfort and flexibility.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
- Condominium Ownership Limitations
As a condominium, it likely entails HOA fees, shared common areas, and potential restrictions on exterior modifications, which may not appeal to all buyers seeking full autonomy.
- Age of Construction (1950)
Built in 1950, the property may require significant updates to its infrastructure (e.g., plumbing, electrical, HVAC) and interior finishes to meet modern standards, incurring additional costs.
About 1031 10th Street
Exceptional opportunity in Santa Monica. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1950
- Lot Size
- 7,505 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Monica Unified Schools
Roosevelt Elementary School
Grades K-5 • 0.4 mi
Franklin Elementary School
Grades PK-5 • 1.1 mi
Lincoln Middle School
Grades 6-8 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 2.0 | 98% |
| Baths | 6.0 | 3.0 | 98% |
| Square foot | 3,900 | 1,410 | 98% |
| Lot Size | 7,505 | 7,526.5 | 32% |
| Price | $2.40M | $1.44M | 84% |
| Price per sq ft | $615 | $984 | 4% |
| Built year | 1950 | 1974 | 10% |
| HOA | $0 | $600 | 2% |
| Days on market | 142 | 167 | 38% |
Pricing History
Listed for Sale
Oct 15, 2025
$2,400,000
Initial Listing