1133 5th Street 301, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 3 bath
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Santa Monica, California 90403
This Sophisticated Turnkey Condominium is listed at $2,275,000, offering a high-quality residential asset in Santa Monica’s most walkable district. The property maintains an Excellent Condition Rating due to an extensive remodel featuring high-end finishes, wrap-around balconies, and a community pool. While the $2,032,637 Fair Market Value serves as a baseline, the home’s rare no-step accessibility and proximity to Palisades Park justify its premium market positioning. Situated near the 9/10 rated Franklin Elementary, this residence is the premier choice for Owner-Occupants or luxury-seeking professionals desiring a polished, coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1133 5th Street 301 Subject | $2,275,000* List Price | 2 | 3 | 1,682 | $1,208 | - |
A 1128 15th Street 3 Sold | $1,730,000 | 2 | 3 | 1,669 | $1,037 | 0.7 mi |
B 801 Ocean Avenue 305 Sold | $2,150,000 | 2 | 3 | 1,772 | $1,213 | 0.5 mi |
C 1730 California Avenue 4 Sold | $1,790,000 | 2 | 3 | 1,607 | $1,114 | 0.9 mi |
D 1012 2nd Street 1 Sold | $2,478,000 | 3 | 3 | 1,850 | $1,339 | 0.3 mi |
E 808 Washington Avenue Sold | $1,660,000 | 2 | 3 | 1,568 | $1,059 | 0.3 mi |
F 1033 12th Street 102 Sold | $1,750,000 | 4 | 2 | 1,625 | $1,077 | 0.5 mi |
G 907 Lincoln Boulevard Ph 302 Active | $2,150,000 List Price | 2 | 3 | 1,668 | $1,289 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1985, the property has been completely and extensively remodeled with high-end finishes, qualifying it for an excellent rating. The interior features modern sophistication with a turnkey layout, updated kitchen and bathrooms, high-end appliances, and elegant flooring throughout, showing no signs of deferred maintenance.
Elementary School: Franklin Elementary School (9/10).
Situated in a highly walkable area just steps from the beach, Palisades Park, and the Third Street Promenade, offering a quintessential Santa Monica lifestyle.
The residence has been completely remodeled with high-end finishes and features a spacious, light-filled floor plan with wrap-around balconies and ocean breezes.
A recent price reduction from the original listing suggests the property is still finding its market value in a competitive luxury segment.
Constructed in 1985, the building's infrastructure and common amenities may lack the contemporary architectural appeal or advanced facilities found in newer luxury developments.
Rare, completely remodeled Santa Monica gem in one of the city's most desirable and walkable locations, just steps from the beach, Palisades Park, and the Third Street Promenade and an ideal Westside home for Pacific Palisades residents seeking to stay close to their community. Perched on the third floor, this front-facing residence blends modern sophistication with a level of convenience rarely found in the area. In a city known for challenging stairs, this home offers an effortless, turnkey lifestyle with not a single step from your parking garage to your front door. The elegant interior features high-end finishes, a cozy fireplace, and 29 feet of expansive, front-facing living and dining space with wrap-around balconies for seamless coastal living. The thoughtfully designed floor plan offers two spacious bedrooms, two full bathrooms, and a stylish half-bath for guests. Private balconies extend from every major room, filling the home with natural light and ocean breezes. Additional highlights include an in-unit washer/dryer, two side X side parking spaces, a gated garage, and a community pool. This stunning residence delivers the perfect blend of luxury and total accessibility in the heart of Santa Monica. Also available for lease at $8499 per month
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades PK-5 • 1.5 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 1,682 | 1,394 | 78% |
| Lot Size | 15,000 | 7,985.5 | 66% |
| Price | $2.27M | $1.43M | 81% |
| Price per sq ft | $1.4K | $1.0K | 93% |
| Built year | 1985 | 1974 | 79% |
| HOA | $689.0 | $652 | 57% |
| Days on market | 69 | 171 | 14% |
Mar 6, 2026
$2,275,000
$2,400,000
-5% Price Drop
Initial Listing
Feb 12, 2026
$2,400,000
Initial Listing
Oct 27, 2017
$1,642,500
Public Record