2004 Idaho Avenue, Santa Monica, California 90403, Santa Monica, 90403 - 3 bed, 3 bath
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Santa Monica, California 90403
Analysis of 2004 Idaho Avenue, Santa Monica, California 90403 is currently available with a list price of $1,975,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Although the property was built in 2002 and features high-end kitchen appliances and hardwood flooring, it is currently in a state of significant distress. The listing and photos confirm major moisture intrusion issues, with drywall removed in multiple rooms exposing the ceiling joists and wall framing. Because it requires substantial remediation and rehabilitation, and is restricted to cash or private financing due to its condition, it falls into the poor category.
Elementary School: Franklin Elementary School (9/10).
Situated just one block from Montana Avenue in the prestigious Franklin School district, the property offers an unbeatable lifestyle near high-end boutiques, cafes, and top-rated schools.
Priced hundreds of thousands below market value, this townhome presents a rare opportunity for investors or savvy buyers to create substantial value through restoration.
The property has documented moisture intrusion in multiple rooms with drywall already removed, requiring significant investment in remediation and repairs.
Sold strictly in 'As-Is' condition with no seller credits, the listing requires cash or private financing, which limits the pool of eligible buyers.
Exceptional Upside Opportunity. Rare chance to restore a contemporary townhome just one block from Montana Avenue, in one of Santa Monica's most desirable neighborhoods. Priced significantly below market ( hundreds of thousands below market), this property offers strong upside for buyers looking to create value. This well-designed townhome combines a sophisticated layout with an unbeatable Santa Monica lifestyle. Located on a quiet, tree-lined street within the sought-after Franklin School district, the setting offers both convenience and long-term appeal. The home features a thoughtfully planned floor plan with high ceilings, abundant natural light, and refined finishes throughout. The main level is ideal for everyday living and entertaining, with a spacious living room, a family room with fireplace, a formal dining area, and a gourmet kitchen equipped with high-end appliances and a breakfast nook.Upstairs, the primary suite serves as a private retreat, complete with vaulted ceilings, dual walk-in closets, and a spa-style bathroom. Additional bedrooms are generously sized and offer comfort and privacy. A versatile top-floor room opens to a secluded outdoor terrace, perfect for a home office, studio, or quiet escape.Additional features include direct-access private garage parking, ample storage, and multiple indoor-outdoor living spaces.Enjoy close proximity to Montana Avenue's boutiques, cafes, and restaurants, along with easy access to Whole Foods, Brentwood, and the beach. This is a rare opportunity to own in a highly accessable area known for top-rated schools and consistent demand. PROPERTY DETAIL AND TERMS: THIS PROPERTY IS BEING SOLD AS-IS, SELLER WILL NOT ISSUE ANY CREDITS FOR REPAIRS AS IT IS SUBSTANTILLY UNDERPRICED. Moisture intrusion has been identified in three rooms, and drywall has been removed as shown in photos. Buyers should rely on their own inspectors or contractors for all remediation assessments and recommendations. TERMS: Cash or private financing only. Contact the listing agent for disclosures and additional information.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,660 | 2,500 | 86% |
| Lot Size | 8,004 | 7,998 | 57% |
| Price | $1.98M | $2.62M | 29% |
| Price per sq ft | $742 | $1.1K | 14% |
| Built year | 2002 | 2007 | 29% |
| HOA | $700.0 | $648 | 57% |
| Days on market | 30 | 105 | 14% |
Mar 23, 2026
$1,975,000
Initial Listing
Apr 23, 2021
$2,300,000
Public Record
May 31, 2002
$920,000
Public Record