
Santa Monica, California 90404
This Spacious Mediterranean Condo is a Strong Value Opportunity, listed at $1,375,000—positioned well below the $1,385,904 Fair Market Value by 0.79%. This valuation gap offers $10,904 in Instant Equity. Featuring a Condition Rating of 4, the property offers a versatile layout with a Top-Floor Loft and Private Deck, though it invites cosmetic modernization. Located in the prestigious College Streets, this home is an ideal acquisition for Owner-Occupants seeking a lifestyle-focused residence or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1217 Yale Street 103 Subject | $1,345,000* List Price | 2 | 3 | 2,001 | $687 | - |
A 1319 Harvard Street 5 Sold | $1,451,000 | 2 | 3 | 1,890 | $768 | 0.1 mi |
B 1240 24th Street 3 Sold | $1,310,000 | 3 | 3 | 1,803 | $727 | 0.5 mi |
C 1337 Berkeley Street 6 Sold | $950,000 | 2 | 2 | 1,335 | $712 | 0.2 mi |
D 1339 26th Street 1 Sold | $1,075,000 | 3 | 3 | 1,392 | $772 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property is 26 years old and retains its original kitchen and bathroom aesthetics, including dated tile countertops, 90s-style cabinetry, and gold-tone fixtures. While the listing notes recent cosmetic 'refreshes' like new carpet and paint, the high-value areas (kitchen/baths) are over 20 years old and require modernization to meet current market standards.
Situated in the highly desirable College Streets, this property offers exceptional walkability to premium lifestyle amenities including Erewhon, Bristol Farms, and Douglas Park.
With over 2,000 sqft of living space including a top-floor loft and a lower-level flex room, the floor plan provides rare flexibility for a home office, gym, or guest quarters.
The unit features essential modern upgrades such as a private two-car garage with an EV charger, direct interior access, and multiple private outdoor spaces for al fresco living.
The monthly association fee of approximately $695 represents a significant recurring carrying cost that may impact the budget of some prospective buyers.
The multi-level configuration across four distinct floors may be a drawback for buyers seeking a more accessible layout or a traditional single-level flow.
Set in the highly sought-after College Streets of Santa Monica, this executive 2 Bed + Loft / 2.5 Bath condo blends charming Mediterranean style with indoor-outdoor living and a prime location near vibrant shopping, dining, and activities. Enter through an enchanting courtyard framed by lush, colorful landscaping, setting the tone for this inviting space. Anchored by a romantic fireplace, the main level features an open layout where kitchen, living, and dining areas flow seamlessly - perfect for entertaining or everyday living. Newer appliances and a breakfast bar enhance the open-concept kitchen. A sliding glass door invites you to a tranquil patio ideal for al fresco dining, gardening, or simply embracing peaceful moments in the coastal atmosphere. Upstairs, the sunlit Primary Suite impresses with soaring two-story ceilings, a private balcony, expansive walk-in closet, and a bright bath with skylight, dual vanities, and soaking tub. A spacious secondary bedroom also enjoys a private Juliette balcony. The top-floor loft offers flexible space for work, creativity, wellness, or optional 3rd bedroom, and a sunny outdoor deck. On the lower level of the home you'll find laundry, an expansive flex space, and direct access to an oversized 2-car garage with EV charger. Conveniences and local favorites like Erewhon, Bristol Farms, Milo & Olive, Fia, Sonny McLean's, Douglas Park, the pickleball center, and so much more are just around the corner. Recent updates like new carpet and fresh paint, plus an upgraded recessed lighting system, enhance the home throughout. From the spacious layout, prime location, and numerous neighborhood hangouts nearby, this is more than a place to call home--it is a lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 2,001 | 1,252 | 90% |
| Lot Size | 17,041 | 8,104 | 77% |
| Price | $1.34M | $850.0K | 77% |
| Price per sq ft | $672 | $772 | 16% |
| Built year | 1998 | 1974 | 74% |
| HOA | $695.38 | $450 | 97% |
| Days on market | 68 | 152 | 13% |
Jun 6, 2026
$1,345,000
$1,375,000
-2% Price Drop
Initial Listing
Apr 7, 2026
$1,375,000
Initial Listing
Jan 28, 1999
$465,000
Public Record