1114 23rd Street 4, Santa Monica, California 90403, Santa Monica, 90403 - 3 bed, 2 bath
1114 23rd Street 4
Santa Monica, California 90403
Property Price
SUMMARY
Analysis of 1114 23rd Street 4, Santa Monica, California 90403 is currently available with a list price of $1,175,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features a modernized kitchen equipped with high-end Bosch stainless steel appliances and granite countertops. While the building was originally constructed in 1959, the interior has been well-maintained and updated with contemporary finishes, including clean cabinetry and updated flooring. It meets the 'good' criteria as a turnkey residence that does not require immediate renovation, despite the vintage of the overall structure.
PROSSTRENGTHS & OPPORTUNITIES
- Prime North of Wilshire Location
Situated in a highly sought-after Santa Monica neighborhood, the property is just blocks from top-rated Franklin Elementary, Douglas Park, and vibrant local dining and shopping.
- Spacious Top-Floor Layout
This 1,600 sqft top-floor unit offers an open-concept living and dining area filled with natural light, complemented by a large covered balcony and no neighbors above.
- Turnkey and Modernized Interior
The residence is move-in ready with high-end Bosch stainless steel appliances, granite countertops, and the rare option to be delivered furnished for an immediate investment or residence.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1600, other record living area = 7638. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 14.
- TIC Ownership Structure
As a Tenants in Common (TIC) sale, the property requires specialized financing with limited lender options and typically necessitates a higher down payment than traditional condos.
- Vintage Building Infrastructure
Constructed in 1959, the building may lack modern amenities such as an elevator for this top-floor unit or central climate control systems common in newer constructions.
About 1114 23rd Street 4
Prime North of Wilshire location just blocks from Franklin Elementary, Douglas Park, shops, and restaurants. Top-floor 3BD/2BA filled with natural light and an open living/dining area that flows to a large covered balcony. Bright kitchen with stainless steel Bosch appliances, granite countertops, and breakfast area. Spacious primary suite with dual closets and en-suite bath. Two additional bedrooms offer generous closets and built-in storage. Move-in ready and available furnished, ideal for end-users or a turnkey investment. Enjoy the best of Santa Monica living. This is a TIC sale.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1959
- Lot Size
- 6,209 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $200.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 68% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,600 | 1,410 | 58% |
| Lot Size | 6,209 | 7,526.5 | 8% |
| Price | $1.18M | $1.40M | 38% |
| Price per sq ft | $734 | $984 | 4% |
| Built year | 1959 | 1974 | 14% |
| HOA | $200.0 | $600 | 2% |
| Days on market | 14 | 167 | 2% |
Pricing History
Listed for Sale
Feb 20, 2026
$1,175,000
Initial Listing