1440 23rd Street 313, Santa Monica, California 90404, Santa Monica, 90404 - 2 bed, 2 bath
1440 23rd Street 313
Santa Monica, California 90404
Property Price
SUMMARY
Analysis of 1440 23rd Street 313, Santa Monica, California 90404 is currently available with a list price of $835,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with several key updates that elevate it above a fair rating. Interior highlights include new Brazilian wood flooring throughout the living areas and bedrooms, granite countertops in the kitchen and bathrooms, and a modern subway tile backsplash. The kitchen is equipped with functional stainless steel appliances, although the electric coil stove is a more basic model. While the building was constructed in 1973 and some original elements remain—such as the popcorn ceilings and painted cabinetry—the unit has been well-maintained and partially renovated within a timeframe that meets the 'good' criteria. Additionally, the building's common amenities like the gym and lounge have been recently upgraded, adding to the overall quality of the offering.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Santa Monica Location
Ideally situated within walking distance to Whole Foods, Trader Joe's, and St. John's Hospital, offering exceptional convenience and high walkability.
- Superior Unit Positioning
As a top-floor corner unit with only one common wall, the property provides maximum privacy and a quieter living environment compared to standard units.
- Dual-Aspect Ventilation
Featuring both East and West-facing balconies, the layout captures stunning sunsets and facilitates a natural ocean cross-breeze throughout the home.
CONSRISKS & DEFICIENCIES
- Building Age
Constructed in 1973, the building may require more frequent maintenance of common systems compared to newer luxury developments in the area.
- Lack of In-Unit Laundry
While laundry facilities are located on the same floor, the absence of a private washer and dryer inside the unit is a notable drawback for modern buyers.
- Transactional Complexity
The requirement for the buyer to cooperate with a 1031 exchange and the presence of a current tenant may introduce additional hurdles during the escrow process.
About 1440 23rd Street 313
Top floor corner with only ONE common wall! 2 large bedrooms / 2 baths, 2 balconies - one faces West- for beautiful sunsets and the other faces East for perfect ocean cross breeze! New Brazilian wood flooring, Kitchen features stainless appliances / travertine floor/ granite counter tops. Main bedroom has private bath, second balcony, 2 huge closets! Second bedroom has large closet , courtyard facing window. Parking for 2 cars in a secured garage! Recently upgraded gym & laundry are on the same floor, steps outside unit! Stunning common room for meetings and huge private common exterior lounge with seating , umbrellas and succulent walls. Close proximity to Whole Foods, Trader Joes & CVS . One block to St. Johns Hospital. HOA includes EQ insurance, water & Sewer. Experience Santa Monica and costal living at it's best. Property has tenant but can be delivered vacant at close of escrow. Buyer shall cooperate without expense to Buyer in the structure of Seller's sale ; without limiting the generality of the foregoing , Buyer shall cooperate with any IRC 1031 exchange or any installment sale of the subject property.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 34,219 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $395.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 970 | 1,009 | 41% |
| Lot Size | 34,219 | 9,373 | 93% |
| Price | $835.0K | $835.0K | 50% |
| Price per sq ft | $861 | $820 | 66% |
| Built year | 1973 | 1972 | 55% |
| HOA | $395.0 | $400 | 45% |
| Days on market | 29 | 182 | 3% |
Pricing History
Listed for Sale
Feb 5, 2026
$835,000
Initial Listing