
Santa Monica, California 90401
This Turnkey Condominium is a Strong Value Opportunity, listed at $1,279,000—positioned well below the $1,380,623 Fair Market Value by 7%. This valuation gap offers $101,623 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a spacious, split-wing layout with a travertine fireplace and spa-inspired bath. Located in the Santa Monica-Malibu Unified School District, this residence is an ideal acquisition for Owner-Occupants or first-time buyers seeking a premium coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1247 10th Street 4 Subject | $1,279,000* List Price | 2 | 2 | 1,505 | $886 | - |
A 1218 9th Street 8 Sold | $1,050,000 | 2 | 2 | 1,260 | $833 | 0.1 mi |
B 1755 Ocean Avenue 308 Sold | $1,200,000 | 1 | 2 | 1,168 | $1,027 | 1.0 mi |
C 1531 12th Street 1 Sold | $1,099,000 | 2 | 2 | 1,109 | $991 | 0.4 mi |
D 1705 Ocean Ave Active | $1,299,000 List Price | 2 | 2 | 1,439 | $903 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1982, the property shows evidence of a comprehensive renovation likely within the last 5-15 years. The kitchen and bathrooms feature updated white cabinetry, modern countertops, and recessed lighting. While some appliances are standard white, the home is well-maintained, functional, and move-in ready.
Situated in a highly desirable Santa Monica neighborhood, the property offers exceptional walkability to Montana Avenue, the beach, and is zoned for top-tier schools including Roosevelt Elementary and Lincoln Middle School.
The generous 1,505 sqft floor plan features a thoughtful split-bedroom wing design, providing maximum privacy for residents while maintaining an open and airy flow in the main living areas.
The residence includes highly sought-after conveniences such as in-unit laundry, side-by-side gated parking, and a luxurious primary suite featuring a spa-inspired bath and an oversized walk-in closet.
The monthly HOA fee of $1,000 is relatively high for a 1982 building, which may impact the overall affordability and monthly carrying costs for budget-conscious buyers.
The property listing indicates no significant views, which may be a drawback for buyers expecting ocean or city vistas at this price point in a coastal community.
Bright and beautiful, this spacious residence offers an exceptional blend of comfort, style, and convenience in one of Santa Monica's most desirable locations. Sunlight pours through the open floor plan, accentuating the home's quality finishes and inviting living spaces. The generously sized kitchen features abundant cabinetry, ample counter space, and room for casual dining, making it ideal for both everyday living and entertaining. The expansive living and dining area is anchored by a stunning travertine fireplace and enhanced by a built-in bookshelf and workspace. Designed with privacy in mind, the thoughtful floor plan offers two separate bedroom wings. The luxurious primary suite includes an oversized walk-in closet, and a spa-inspired bath complete with a jetted soaking tub framed by a large picture window, dual vanities, and a separate shower and water closet. Additional highlights include in-unit laundry, gated side-by-side parking and extra storage. Ideally situated just moments from the beach, the shops and dining along Montana Avenue, the vibrant Third Street Promenade, Wilshire Boulevard amenities, and The Broad Stage. Located within the highly sought-after Santa Monica-Malibu Unified School District, serving Roosevelt Elementary and Lincoln Middle School.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,505 | 1,346 |
| Lot Size | 7,479 | 7,869 |
| Price | $1.28M | $1.33M |
| Price per sq ft | $850 | $977 |
| Built year | 1982 | 1978 |
| HOA | $1000.0 | $500 |
| Days on market | 44 | 57 |
Jun 8, 2026
$1,279,000
Initial Listing
Feb 4, 2014
$801,000
Public Record
Aug 14, 2003
$484,000
Public Record
Oct 25, 1996
$229,000
Public Record