1124 7th Street, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 1 bath
1124 7th Street
Santa Monica, California 90403
Property Price
SUMMARY
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1907, this Craftsman home appears well-maintained and livable, featuring original wood trim and hardwood flooring. However, it is functionally outdated with only one bathroom and likely aged systems. The listing's heavy emphasis on redevelopment potential and the absence of kitchen or bathroom photos suggest these areas require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7513, living area = 1256.
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Prime Coastal Location
Situated in the heart of Santa Monica, the property offers immediate proximity to the beach, luxury shopping, and world-class dining in one of LA's most coveted neighborhoods.
CONSRISKS & DEFICIENCIES
- Dated Infrastructure
Given the 1907 construction date, the home likely requires significant capital investment to update major systems and interior finishes to modern standards.
- Limited Bathroom Count
The current configuration of only one bathroom for a two-bedroom plus loft residence is insufficient for the $3.395M price point and modern buyer expectations.
- High Price Per Square Foot
The listing price is heavily weighted toward land value and development potential, resulting in a high cost basis for the existing 1,256 square feet of living space.
About 1124 7th Street
Unbeatable location in the heart of Santa Monica! This craftsman 2 bed plus loft SFR residence is located on a large flat lot in one of LA's most desirable coastal neighborhoods. Just minutes from the beach, top-tier shopping, dining, and everything Santa Monica has to offer. Property may be enjoyed as-is or offers excellent redevelopment potential. There are Proposed approved architectural plans by Architect Howard Laks and are available to qualified buyers upon request.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1907
- Lot Size
- 7,513 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 • 0.5 mi
Franklin Elementary School
Grades PK-5 • 1.4 mi
Lincoln Middle School
Grades 6-8 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 1.0 | 3.0 | 13% |
| Square foot | 1,256 | 1,886 | 13% |
| Lot Size | 7,513 | 7,513 | 50% |
| Price | $3.40M | $3.33M | 53% |
| Price per sq ft | $2.7K | $1.7K | 93% |
| Built year | 1907 | 1937 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 175 | 7% |
Pricing History
Listed for Sale
Jan 22, 2026
$3,395,000
Initial Listing
Sold
Apr 18, 2019
$2,550,000
Public Record
Sold
Feb 25, 2014
$1,221,000
Public Record