1527 Stanford Street 5, Santa Monica, California 90404, Santa Monica, 90404 - 3 bed, 2 bath
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1527 Stanford Street 5
Santa Monica, California 90404
ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,304Sq Ft
8,124Lot Size
Property Price
LIST PRICE$939,000
EST. MARKET VALUE
$978,669
4% BelowMARKET VALUE
SUMMARY
This 3-bedroom townhome-style condo is a Strong Value Opportunity, listed at $939,000—positioned well below the $987,900 Fair Market Value by 4%. This valuation gap offers $48,900 in Instant Equity for the buyer. Featuring a Good Condition Rating with recent cosmetic refreshes, including new appliances and flooring, the property offers a turnkey lifestyle near the Metro E Line and beach. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a rare, high-utility Santa Monica residence.
Estimated Market Value
$978,669+$39,669 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Monica.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1527 Stanford Street 5 Subject | $939,000* List Price | 3 | 2 | 1,304 | $751 | - |
A 1337 Berkeley Street 6 Sold | $950,000 | 2 | 2 | 1,335 | $712 | 0.3 mi |
B 1240 25th Street 1 Sold | $1,100,000 | 2 | 3 | 1,319 | $834 | 0.5 mi |
C 1339 26th Street 1 Sold | $1,075,000 | 3 | 3 | 1,392 | $772 | 0.4 mi |
D 1338 Harvard C Sold | $1,155,000 | 3 | 3 | 1,598 | $723 | 0.3 mi |
E 1447 Franklin Street 5 Sold | $699,000 | 2 | 2 | 888 | $787 | 0.2 mi |
F 1337 18th Street 6 Sold | $1,060,000 | 2 | 3 | 1,387 | $764 | 0.9 mi |
G 2624 Kansas Avenue 11 Sold | $731,000 | 2 | 2 | 949 | $770 | 0.8 mi |
H 1425 Stanford Street 5 Active | $1,195,000 List Price | 2 | 3 | 1,499 | $797 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is a 1971 build that has undergone a very recent cosmetic refresh (less than 1 year) including brand-new kitchen appliances, new carpet, fresh paint, and updated fixtures. While move-in ready and well-maintained, it remains in the Good category rather than Excellent due to the presence of dated elements such as popcorn ceilings, older wall AC units, and refinished rather than replaced cabinetry.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Market Value
Securing a three-bedroom property in Santa Monica for under $1M is highly uncommon, offering a competitive entry point for families and investors in a premium zip code.
- Prime Location & Walkability
The property boasts an ideal location with immediate proximity to Trader Joe's, Whole Foods, the Metro E Line, and the beach, ensuring a highly convenient coastal lifestyle.
- Turnkey Condition
Recent updates including fresh paint, new kitchen appliances, and new carpeting provide a move-in-ready experience, minimizing immediate post-purchase capital expenditure.
CONSRISKS & DEFICIENCIES
- Vintage Building Infrastructure
Constructed in 1971, the property may lack the modern energy-efficient systems and contemporary architectural features found in newer luxury developments.
- Limited Private Outdoor Space
As a townhome-style condo, the layout prioritizes interior square footage over private yard space, which may be a drawback for buyers seeking significant outdoor privacy.
About 1527 Stanford Street 5
First showing: Open House Saturday, August 1st — 11:00 AM to 2:00 PM. Rare 3-bedroom, 2-bath townhome-style condo on coveted Stanford Street in the heart of 90404. Spanning 1,304 sq ft across two stories with real hardwood floors on the main level, private garage, and a move-in ready finish; fresh paint and plaster, new carpet in all bedrooms, brand-new kitchen appliances, new kitchen sink, refinished cabinets, and refreshed bathrooms with new fixtures. One bedroom and full bath on the main floor, two bedrooms upstairs. Three bedrooms at this price in Santa Monica is genuinely uncommon; deal for families, home office buyers, or investors. Located in a gated community. Steps to Trader Joe's, Whole Foods, Metro E Line, Clover Park, and the beach. HOA $400/mo covers water, trash, building insurance, pest control, and more. Photos are virtually staged to illustrate the home's full potential.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 8,124 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $400.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,304 | 1,332.636 |
| Lot Size | 8,124 | 8,171.182 |
| Price | $939.0K | $1.30M |
| Price per sq ft | $720 | $979 |
| Built year | 1971 | 1976 |
| HOA | $400.0 | $553 |
| Days on market | 41 | 57 |
Pricing History
Listed for Sale
Jul 30, 2026
$939,000
Initial Listing
Sold
Jul 25, 2003
$439,000
Public Record