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1043 11th Street 3, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 3 bath

1043 11th Street 3, Santa Monica, California 90403 home-pic-0
ACTIVE$2,025,000
1043 11th Street 3, Santa Monica, California 90403
2Beds
3Baths
1,777Sqft
7,509Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Santa Monica Location: Perfectly situated near vibrant Montana Avenue, Third Street Promenade, and the Pacific Ocean, offering unparalleled urban convenience and access to world-class amenities.
Top Cons:
Monthly Association Fees: The property incurs a monthly association fee of $400, which adds to the ongoing cost of ownership.

Compared to the nearby listings

Price:$2.02M vs avg $1.33M (+$695,000)76%
Size:1,777 sqft vs avg 1,399 sqft76%
Price/sqft:$1.1K vs avg $1.0K80%

More Insights

Built in 1999 (26 years old).
Condition: The property was built in 1999, making it 25 years old. While generally well-maintained and clean, the kitchen and bathrooms show significant signs of being outdated. The kitchen features light wood cabinets, speckled granite countertops, and older white appliances (refrigerator). The bathrooms have tile countertops and traditional vanities. These elements suggest they are either original to the build or were last updated 15-25 years ago, requiring minor updates to meet current aesthetic standards. The property is functional but not modern.
Year Built
1999
Close
-
List price
$2.02M
Original List price
$2.4M
Price/Sqft
$1,140
HOA
$400
Days on market
-
Sold On
-
MLS number
25605227
Home ConditionFair
Features
Excellent View: City Lights, Mountain(s)
Deck
Patio
ViewCity Lights,Mountain(s)

About this home

A Townhome Oasis in Prime Northern Santa Monica. Perfectly situated within near vibrant Montana Avenue retail district, Third Street Promenade, and the Pacific Ocean, this light-filled, three-level townhome offers an exceptional blend of tranquility and urban convenience. Start your mornings with coffee on your private garden patio, and end your evenings watching the sun set over the Santa Monica Mountains from your exclusive rooftop deck, boasting stunning 360-degree views.This thoughtfully designed home features two spacious bedroomsone with its own patio and mountain viewsand an abundance of flexible living space. Highlights include a private rooftop deck with panoramic views, a serene ground-level patio with a gas BBQ hookup, a spacious entertainment/library loft with dedicated office space, a cozy wood-burning fireplace with a gas starter, and two side-by-side parking spots in a private, gated garage.Located in an exclusive, well-maintained gated building with just five units, all with private ground-floor access, this home offers a peaceful retreat just moments from world-class dining, shopping, and the beach. Experience the best of Santa Monica living right at your fingertips.

Nearby schools

8/10
Roosevelt Elementary School
Public,•K-5•0.4mi
9/10
Franklin Elementary School
Public,•PK-5•1.0mi
8/10
Lincoln Middle School
Public,•6-8•0.3mi
8/10
Santa Monica High School
Public,•9-12•1.2mi

Price History

Date
Event
Price
04/24/01
Sold
$620,000
03/12/99
Sold
$540,000
Condition Rating
Fair
The property was built in 1999, making it 25 years old. While generally well-maintained and clean, the kitchen and bathrooms show significant signs of being outdated. The kitchen features light wood cabinets, speckled granite countertops, and older white appliances (refrigerator). The bathrooms have tile countertops and traditional vanities. These elements suggest they are either original to the build or were last updated 15-25 years ago, requiring minor updates to meet current aesthetic standards. The property is functional but not modern.
Pros & Cons

Pros

Prime Santa Monica Location: Perfectly situated near vibrant Montana Avenue, Third Street Promenade, and the Pacific Ocean, offering unparalleled urban convenience and access to world-class amenities.
Exclusive Rooftop Deck with Panoramic Views: Features a private rooftop deck boasting stunning 360-degree views of the Santa Monica Mountains and sunsets, providing a unique and highly desirable outdoor living space.
Private & Secure Gated Community: Located within an exclusive, well-maintained gated building with only five units, ensuring privacy, security, and a peaceful retreat with private ground-floor access.
Dedicated Two-Car Parking: Includes two side-by-side parking spots in a private, gated garage, a significant advantage in a high-demand area like Santa Monica.
Flexible Multi-Level Living & Outdoor Spaces: Offers a three-level layout with an abundance of flexible living space, including an entertainment/library loft with office space, a private garden patio, and a ground-level patio with a gas BBQ hookup.

Cons

Monthly Association Fees: The property incurs a monthly association fee of $400, which adds to the ongoing cost of ownership.
Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $2.395M to $2.025M, which may raise questions about its initial valuation or market appeal.
Absence of Mentioned Central Air Conditioning: The property description does not explicitly mention a central air conditioning system, which could be a drawback for some buyers during warmer periods.

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