
Santa Monica, California 90403
This North Santa Monica Condominium represents a High-Potential Investment Opportunity, listed at $1,450,000—positioned well above the $1,411,311 Fair Market Value by -2%. Featuring a Condition Rating of 4, this top-floor corner unit offers a rare 1,603 sqft layout with vaulted ceilings, ocean views, and a private rooftop patio. While the interior requires modernization, the prime location near Franklin Elementary (9/10) and Lincoln Middle School ensures long-term desirability. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to personalize a coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1133 9th Street 301 Subject | $1,450,000* List Price | 3 | 2 | 1,603 | $880 | - |
A 1207 California Avenue Sold | $1,580,000 | 3 | 3 | 1,740 | $908 | 0.2 mi |
B 1138 21st Street 2 Sold | $1,206,450 | 2 | 3 | 1,386 | $870 | 0.9 mi |
C 832 15th Street 4 Sold | $1,784,000 | 2 | 3 | 1,683 | $1,060 | 0.6 mi |
D 820 California Avenue 201 Sold | $1,025,000 | 2 | 2 | 1,131 | $906 | 0.1 mi |
E 1013 16th Street 104 Sold | $1,425,000 | 3 | 3 | 1,701 | $838 | 0.6 mi |
F 914 Lincoln Boulevard 301 Sold | $1,050,000 | 3 | 2 | 1,395 | $753 | 0.3 mi |
G 1044 20th Street 11 Sold | $1,103,000 | 2 | 3 | 1,346 | $819 | 0.8 mi |
H 915 12th Street 2 Sold | $1,760,000 | 2 | 3 | 1,641 | $1,073 | 0.4 mi |
I 928 7th Street 3 Pending | $1,395,000 List Price | 3 | 3 | 1,590 | $877 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982 and held by the same owner for over 20 years, the property is well-maintained but significantly dated. The kitchen and bathrooms feature older finishes, and the listing explicitly suggests the home is a foundation for a buyer to update and personalize, fitting the criteria for a property over 20 years old needing updates.
Elementary School: Franklin Elementary School (9/10).
Situated in highly sought-after North Santa Monica, this property offers exceptional walkability to Montana Avenue, the beach, and top-rated schools like Franklin Elementary.
As a top-floor corner unit with vaulted ceilings and only one common wall, it features rare multiple outdoor spaces including a private rooftop patio and two balconies.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1603, other record living area = 1417.
The property is in original or dated condition, requiring a significant investment of time and capital to modernize the interiors to current luxury standards.
With over 50 days on market and a recent $100,000 price reduction, the property may face challenges regarding its perceived value relative to its current condition.
Welcome to a rare opportunity to create your own Santa Monica residence in one of North Santa Monica's most desirable locations! Offered for the first time in more than 20 years, this bright, breezy and private top-floor corner condominium offers approximately 1,603 square feet, three bedrooms, two bathrooms, vaulted ceilings, abundant natural light, multiple private outdoor spaces, and only one common wall.Ideally located on 9th Street just north of Wilshire Boulevard, the residence is approximately eight blocks from the Pacific Ocean and moments from Montana Avenue, Palisades Park, the Third Street Promenade, acclaimed dining, boutique shopping and Santa Monica's highly regarded schools. The location offers the walkability and coastal lifestyle that make North Santa Monica so sought after.Inside, the spacious floor plan offers an excellent foundation for a buyer looking to update and personalize a home to their own taste. The kitchen opens to the dining area and step-down living room, where soaring vaulted ceilings, expansive windows and western exposure bring in natural light and refreshing ocean breezes. A wood-burning fireplace and private balcony extend the living space and create an inviting setting for both everyday living and entertaining, with beautiful Santa Monica sunsets as the backdrop.The generous primary suite features French doors opening to a private balcony, an oversized walk-in closet and en suite bathroom with soaking tub and separate shower. The second bedroom includes custom closet organization, built-in desk and shelving, while the versatile third bedroom is privately positioned on the upper level and opens directly to a sun-drenched rooftop patio, an exceptional space for a home office, guest room, fitness studio, creative space or personal retreat.Additional features include in-unit laundry, two side-by-side parking spaces in the gated garage with direct elevator access, and private storage. With its generous scale, three-bedroom layout, multiple outdoor spaces and exceptional North Santa Monica location, this is an opportunity to create a home that reflects your own style while enjoying one of the area's most coveted coastal settings.Bring your vision and make this Santa Monica residence your own.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades PK-5 • 1.2 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,603 | 1,332.636 |
| Lot Size | 30,017 | 8,171.182 |
| Price | $1.45M | $1.30M |
| Price per sq ft | $905 | $979 |
| Built year | 1982 | 1976 |
| HOA | $655.0 | $553 |
| Days on market | 62 | 57 |
Aug 15, 2026
$1,450,000
$1,550,000
-6% Price Drop
Initial Listing
Jul 9, 2026
$1,550,000
Initial Listing
Dec 3, 2003
$667,000
Public Record
Dec 4, 1998
$395,000
Public Record