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1541 Princeton Street 1, Santa Monica, California 90404, Santa Monica, 90404 - 1 bed, 1 bath

1541 Princeton Street 1, Santa Monica, California 90404 home-pic-0
ACTIVE$599,000
1541 Princeton Street 1, Santa Monica, California 90404
1Bed
1Bath
565Sqft
7,395Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Santa Monica Location: Boasts an exceptional Walk Score of 90 and Bike Score of 96, placing it moments from the beach, vibrant restaurants, cafes, and nightlife, offering unparalleled urban convenience.
Top Cons:
Compact Living Space: At 565 sqft, the unit offers a smaller footprint, which may not suit buyers seeking more expansive living areas.

Compared to the nearby listings

Price:$599.0K vs avg $905.0K ($-306,000)26%
Size:565 sqft vs avg 1,009 sqft3%
Price/sqft:$1.1K vs avg $82997%

More Insights

Built in 1963 (62 years old).
Condition: The property, built in 1963, has received recent cosmetic updates such as newly buffed wood floors, fresh paint, and double-pane windows, making it move-in ready. The kitchen features modern stainless steel appliances, but the mosaic tile backsplash and cabinet style appear dated, suggesting an older renovation (likely 15-30 years ago) rather than a recent, extensive overhaul. The absence of central air conditioning (a window unit is visible in the bedroom) and the lack of bathroom images prevent a higher score. While well-maintained, the home shows signs of its age and some outdated features, aligning with the 'Fair' condition criteria.
Year Built
1963
Close
-
List price
$599K
Original List price
$629K
Price/Sqft
$1,060
HOA
$345.35
Days on market
-
Sold On
-
MLS number
25604681
Home ConditionFair
Features
Patio
View-

About this home

In the heart of Santa Monica, this boutique Mid-Century modern building, built in 1963, offers just six residences. Unit #1 is a stylish ground-floor home featuring a private entry patio framed by lush landscaping. Inside, enjoy a light-filled open floor plan with newly buffed and coated wood floors, fresh paint, double-pane windows, and a convenient breakfast bar. Sliding doors off the living room open to a fenced outdoor patio, ideal for lounging or entertaining. This complex has no pet restrictions. Additional features include tandem parking for two cars, extra storage, and the flexibility to add in-unit laundry (per HOA). With a Walk Score of 90 and a Bike Score of 96, you're just moments from the beach, vibrant restaurants, cafes, and nightlife along Santa Monica Boulevard. Whether as your own coastal retreat, an income property, the HOA has no rental restrictions, and low HOA dues. This home captures the very best of Santa Monica living.

Price History

Date
Event
Price
04/30/13
Sold
$387,000
09/26/08
Sold
$399,000
04/14/05
Sold
$425,000
04/09/03
Sold
$220,000
Condition Rating
Fair
The property, built in 1963, has received recent cosmetic updates such as newly buffed wood floors, fresh paint, and double-pane windows, making it move-in ready. The kitchen features modern stainless steel appliances, but the mosaic tile backsplash and cabinet style appear dated, suggesting an older renovation (likely 15-30 years ago) rather than a recent, extensive overhaul. The absence of central air conditioning (a window unit is visible in the bedroom) and the lack of bathroom images prevent a higher score. While well-maintained, the home shows signs of its age and some outdated features, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Santa Monica Location: Boasts an exceptional Walk Score of 90 and Bike Score of 96, placing it moments from the beach, vibrant restaurants, cafes, and nightlife, offering unparalleled urban convenience.
Investment & Rental Flexibility: With no rental restrictions and low HOA dues, this property presents an attractive opportunity for investors or as a flexible coastal retreat.
Updated Interiors & Features: The unit features newly buffed and coated wood floors, fresh paint, double-pane windows, and a convenient breakfast bar, providing a modern and well-maintained living space.
Private Outdoor Spaces: Includes both a private entry patio framed by lush landscaping and a fenced outdoor patio off the living room, ideal for relaxation and entertaining.
Convenient Amenities: Offers tandem parking for two cars, extra storage, and is pet-friendly with no pet restrictions, enhancing its appeal and functionality.

Cons

Compact Living Space: At 565 sqft, the unit offers a smaller footprint, which may not suit buyers seeking more expansive living areas.
No In-Unit Laundry (Currently): While there is flexibility to add in-unit laundry (per HOA), it is not currently present, which could be an inconvenience for some buyers.
No View: The property description explicitly states 'view: None', which might be a drawback for buyers prioritizing scenic outlooks.

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