2002 4th Street 208, Santa Monica, California 90405, Santa Monica, 90405 - 1 bed, 1 bath
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Santa Monica, California 90405
This Coastal Condominium represents a Strong Value Opportunity, listed at $799,000—positioned well below the $797,976 Fair Market Value by approximately 0%. While the property is priced at market, its Fair Condition Rating and prime location near the beach offer a stable foundation for long-term appreciation. Featuring a community pool and gated parking, this residence provides a desirable coastal lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a vibrant Santa Monica address.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2002 4th Street 208 Subject | $749,000* List Price | 1 | 1 | 864 | $906 | - |
A 2311 4th Street 205 Sold | $649,000 | 1 | 1 | 662 | $980 | 0.2 mi |
B 2510 4th Street A Sold | $866,000 | 2 | 1 | 899 | $963 | 0.4 mi |
C 2045 4th Street 301b Active | $699,000 List Price | 1 | 1 | 699 | $1,000 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1962 (62 years old) and while described as 'well-maintained' with newer laminate flooring, it retains dated elements such as popcorn ceilings and older window styles. It is functional and move-in ready, but the age of the systems and lack of a recent comprehensive renovation (>15 years) align with the fair criteria.
Situated just a short walk from the beach and Santa Monica's world-class dining and shopping, this property offers an exceptional lifestyle in a highly sought-after neighborhood.
The residence features desirable building perks including a community pool, elevator access, and a designated gated parking space, providing both convenience and security.
With 864 square feet of living space, this one-bedroom unit offers a generous and thoughtfully designed floor plan that is larger than many comparable coastal condominiums.
Despite its proximity to the ocean, the unit does not offer any specific views, which may be a disadvantage for buyers prioritizing a coastal or city outlook.
The monthly HOA fee of $641.04 is relatively high for a one-bedroom unit, which increases the total cost of ownership and may impact affordability for some buyers.
Discover coastal living at its finest in this beautifully maintained one-level 1-bedroom, 1-bath residence located in the heart of Santa Monica. Just a short walk from the beach and ocean, this home offers the perfect blend of comfort, convenience, and California lifestyle. Inside, the thoughtfully designed layout provides easy, single-level living with a bright and inviting atmosphere. The unit includes a designated gated parking space, ensuring both security and convenience. The well-maintained building offers desirable amenities including elevator access, a community pool, and secured gated entry with key-access-only control for added peace of mind. Perfectly situated near Santa Monica's world-class dining, shopping, and coastal attractions, this home is ideal for those seeking a vibrant beachside lifestyle or a prime investment opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 17% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 864 | 1,352 | 24% |
| Lot Size | 25,990 | 12,003 | 68% |
| Price | $749.0K | $1.18M | 20% |
| Price per sq ft | $867 | $980 | 29% |
| Built year | 1962 | 1978 | 17% |
| HOA | $641.04 | $600 | 59% |
| Days on market | 23 | 149 | 2% |
Jun 3, 2026
$749,000
$799,000
-6% Price Drop
Initial Listing
May 14, 2026
$799,000
Initial Listing
Jun 15, 2011
$421,000
Public Record