1130 9th Street 1, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 2 bath
ACTIVE$949,000
1130 9th Street 1, Santa Monica, California 90403
2Beds
2Baths
1,166Sqft
7,520Lot
Price Vs. Estimate
The estimated value ($1,089,229.12) is $140,229.12 (9%) higher than the list price ($949,000). This property may be underpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Franklin Elementary School (9/10).
Top Cons:
Building Age: Built in 1972, the building's age could imply older infrastructure or potential for future special assessments, despite recent unit renovations.
Compared to the nearby listings
Price:$949.0K vs avg $1.30M ($-351,000)25%
Size:1,166 sqft vs avg 1,394 sqft36%
Price/sqft:$814 vs avg $99811%
More Insights
Built in 1972 (53 years old).
Condition: Despite being built in 1972, the property has been extensively renovated with high-quality, modern finishes throughout, as confirmed by the listing description and images. The kitchen features contemporary white shaker cabinets, granite countertops, mosaic tile backsplash, and stainless steel appliances, all appearing new or virtually new. Bathrooms are similarly updated with modern vanities, fixtures, and tiling. Hardwood floors and fresh paint contribute to an overall pristine, move-in ready condition with no visible deferred maintenance, aligning with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
1972
Close
-
List price
$949K
Original List price
$995K
Price/Sqft
$814
HOA
$500
Days on market
-
Sold On
-
MLS number
25591759
Home ConditionExcellent
Features
Deck
View-
About this home
Black Friday Price Drop! Front facing two bedroom and two bath condominium with an extra large balcony, three walls of windows and almost no common walls. Extensively renovated with an eye for classic details such as, stone counters, wood floors, designer fixtures and tile, throughout the appealing modern floor-plan. Everyday living made easy with gated security, two parking spaces & extra storage. Building is well maintained and in compliance. Homeowner's dues include earthquake insurance. Premier location close to the Promenade, Montana Avenue, Palisades Park and the Ocean in the coveted Santa Monica School District.
Nearby schools
8/10
Roosevelt Elementary School
Public,•K-5•0.5mi
9/10
Franklin Elementary School
Public,•PK-5•1.3mi
8/10
Lincoln Middle School
Public,•6-8•0.5mi
8/10
Santa Monica High School
Public,•9-12•1.0mi
Price History
Date
Event
Price
12/06/95
Sold
$173,000
10/30/13
Sold
$780,000
05/13/13
Sold
$618,006
Condition Rating
Excellent
Despite being built in 1972, the property has been extensively renovated with high-quality, modern finishes throughout, as confirmed by the listing description and images. The kitchen features contemporary white shaker cabinets, granite countertops, mosaic tile backsplash, and stainless steel appliances, all appearing new or virtually new. Bathrooms are similarly updated with modern vanities, fixtures, and tiling. Hardwood floors and fresh paint contribute to an overall pristine, move-in ready condition with no visible deferred maintenance, aligning with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons
Pros
Great Schools: Elementary School: Franklin Elementary School (9/10).
Premier Location: Situated in a highly desirable Santa Monica location, close to the Promenade, Montana Avenue, Palisades Park, and the Ocean, within the coveted Santa Monica School District.
Extensively Renovated Interior: The condominium has been extensively renovated with high-quality finishes including stone counters, wood floors, designer fixtures, and tile, offering a modern and appealing aesthetic.
Enhanced Privacy & Natural Light: As a front-facing unit with three walls of windows and almost no common walls, it benefits from abundant natural light and increased privacy.
Comprehensive Building Amenities: The property includes gated security, two dedicated parking spaces, extra storage, and is in a well-maintained building where homeowner's dues cover earthquake insurance.
Competitive Pricing: Multiple price reductions, including a 'Black Friday Price Drop,' position the current list price below the estimated market value, indicating potential for good value.
Cons
Building Age: Built in 1972, the building's age could imply older infrastructure or potential for future special assessments, despite recent unit renovations.
Significant HOA Dues: Monthly association fees of $500, while inclusive of earthquake insurance, represent a notable ongoing cost that could impact affordability for some buyers.
Lack of Defined Views: Despite an extra-large balcony and ample windows, the property description explicitly states 'View: None,' which might be a disadvantage for buyers seeking scenic vistas in a prime coastal location.