
Santa Monica, California 90403
This Contemporary Corner Townhome is a Strong Value Opportunity, listed at $1,595,000—positioned well below the $1,724,389 Fair Market Value by 7%. This valuation gap offers $129,389 in Instant Equity for the incoming buyer. Boasting a Move-in Ready Condition Rating, the residence features a private top-level primary suite, wood floors, and a refreshed kitchen. Located steps from Montana Avenue and zoned for Top-Rated Schools including Franklin Elementary, it perfectly balances lifestyle luxury with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1207 California Avenue Subject | $1,595,000* List Price | 3 | 3 | 1,740 | $991 | - |
A 1033 12th Street 102 Sold | $1,750,000 | 4 | 2 | 1,625 | $1,077 | 0.0 mi |
B 1128 15th Street 3 Sold | $1,730,000 | 2 | 3 | 1,669 | $1,037 | 0.2 mi |
C 1623 Idaho Avenue Sold | $1,600,000 | 2 | 3 | 1,669 | $959 | 0.4 mi |
D 808 Washington Avenue Sold | $1,660,000 | 2 | 3 | 1,568 | $1,059 | 0.3 mi |
E 1625 Idaho Avenue Sold | $1,624,000 | 2 | 3 | 1,669 | $973 | 0.4 mi |
F 1119 23rd Street 7 Sold | $1,569,000 | 3 | 3 | 2,046 | $767 | 0.8 mi |
G 1014 9th Street 1 Active | $1,695,000 List Price | 3 | 3 | 1,594 | $1,063 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows pride of ownership with several modern updates. Although built in 1982, the interior features contemporary wood flooring, recessed lighting, and a refreshed kitchen with new countertops, a modern black faucet/sink, and stainless steel appliances. The home appears well-maintained with minimal wear, fitting the criteria for a property that does not require immediate renovation.
Elementary School: Franklin Elementary School (9/10).
Situated in a highly sought-after Santa Monica neighborhood, this property offers exceptional walkability to the upscale boutiques and dining on Montana Avenue and is zoned for top-rated schools like Roosevelt Elementary.
The entire top level is dedicated to a spacious primary suite featuring high ceilings, a fireplace, and a private balcony, providing a luxurious and secluded sanctuary away from the main living areas.
Built in 1982, the property may require more frequent maintenance or updates to its core systems and common areas compared to newer contemporary developments.
The $500 monthly association fee represents a significant ongoing carrying cost that must be factored into the overall affordability for potential buyers.
Contemporary townhome in a prime Santa Monica location. This light-filled corner residence offers approximately 1,740 sq. ft. of living space, featuring 3 bedrooms, 2.5 bathrooms, and an open floor plan ideal for both comfortable living and effortless entertaining. Interior highlights include wood floors, recessed lighting, and a fireplace. The kitchen features a breakfast nook and has been updated with new countertops, sink, and faucet. The top level is devoted to the spacious primary suite, complete with high ceilings, a fireplace, and a private balcony, creating a comfortable and private retreat.Ideally located near some of Santa Monica's most desirable amenities, including dining and shopping along Montana Avenue and Wilshire Boulevard.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades PK-5 • 1.0 mi
Grades 6-8 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 71% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 1,740 | 1,394 | 78% |
| Lot Size | 4,998 | 7,756.5 | 9% |
| Price | $1.59M | $1.43M | 62% |
| Price per sq ft | $917 | $994 | 34% |
| Built year | 1982 | 1974 | 78% |
| HOA | $500.0 | $648 | 29% |
| Days on market | 33 | 172 | 2% |
Mar 20, 2026
$1,595,000
Initial Listing
Mar 12, 1997
$255,500
Public Record