1040 4th Street 405, Santa Monica, California 90403, Santa Monica, 90403 - 3 bed, 3 bath
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Santa Monica, California 90403
This Premier Turnkey Penthouse is listed at $3,125,000, representing a sophisticated coastal sanctuary near Montana Avenue. With a Fair Market Value of $2,940,296, the price reflects the property’s Excellent Condition Rating following an extensive high-end renovation. The residence boasts soaring 18-foot windows, a massive private rooftop deck with city and mountain views, and three rare side-by-side parking spots. Situated within the prestigious Franklin Elementary district (9/10), this move-in-ready home offers an elite lifestyle. It is perfectly suited for luxury-seeking families or discerning professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1040 4th Street 405 Subject | $3,125,000* List Price | 3 | 3 | 2,243 | $1,311 | - |
A 1040 4th 407 Sold | $3,280,000 | 3 | 4 | 2,297 | $1,428 | 0.0 mi |
B 1012 2nd Street 1 Sold | $2,478,000 | 3 | 3 | 1,850 | $1,339 | 0.2 mi |
C 831 14th Street 2 Sold | $2,350,000 | 3 | 4 | 2,085 | $1,127 | 0.8 mi |
D 941 11th Street 2 Sold | $2,495,500 | 3 | 3 | 1,840 | $1,356 | 0.6 mi |
E 1133 5th Street 301 Active | $2,275,000 List Price | 2 | 3 | 1,682 | $1,353 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1990, the property has undergone an extensive, high-end contemporary renovation within the last five years. The interior features a sleek chef's kitchen with top-tier appliances, spa-inspired bathrooms with modern fixtures, glass railings, and updated flooring throughout. The property is in move-in condition with no deferred maintenance, meeting current luxury quality standards.
Elementary School: Franklin Elementary School (9/10).
Situated just four blocks from both the beach and the upscale boutiques and dining of Montana Avenue, this property offers an unparalleled Santa Monica lifestyle in a highly coveted neighborhood.
The residence features a rare combination of a private balcony, a side patio, and an expansive, exclusive rooftop deck, providing significant private outdoor space that is a premium for condominium living.
The association fee of approximately $908 per month represents a substantial recurring expense that may impact the overall affordability for some buyers.
The two-story floor plan plus a loft and rooftop deck requires navigating multiple sets of stairs, which may be a drawback for buyers seeking single-level living or those with mobility concerns.
Premier penthouse living just four blocks from the beach and Montana Avenue.This front-facing, two-story residence offers 3 bedrooms, 3 bathrooms, and approximately 2,243 sq ft of light-filled living space. Soaring 18-foot double-height windows and French doors open to a private balcony, creating seamless indoor-outdoor flow. The open-concept living and dining areas connect to a sleek chef's kitchen with top-tier appliances and modern finishes. The main-level primary suite features a custom walk-in closet and spa-inspired bath with soaking tub, separate shower, and dual vanity. A private side patio offers an additional outdoor retreat. A versatile loft and two ensuite bedrooms provide flexible living and privacy. Glass railings enhance the bright, contemporary feel throughout. The showstopper: an expansive, exclusive rooftop deck, remarkably private and ideal for entertaining or sunset lounging. Additional highlights include a dedicated laundry room, multiple storage spaces, and three side-by-side parking spots. A rare penthouse opportunity in one of Santa Monica's most coveted locations.
No exterior & parking available.
Grades K-5 • 0.5 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 | 3.0 | 2.0 | 71% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 2,243 | 1,394 | 95% |
| Lot Size | 30,033 | 7,985.5 | 91% |
| Price | $3.12M | $1.43M | 97% |
| Price per sq ft | $1.4K | $1.0K | 95% |
| Built year | 1990 | 1974 | 81% |
| HOA | $908.46 | $652 | 86% |
| Days on market | 48 | 172 | 3% |
Mar 5, 2026
$3,125,000
Initial Listing
May 24, 2021
$2,780,000
Public Record
May 20, 2011
$1,500,000
Public Record
May 17, 2010
$1,375,000
Public Record
Dec 28, 2001
$857,500
Public Record
Mar 31, 1999
$574,000
Public Record