
Santa Monica, California 90405
This Turnkey Condominium represents a Strong Value Opportunity, listed at $840,000—positioned well below the $884,522 Fair Market Value by 5%. This valuation gap provides $44,522 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern luxury vinyl flooring and designer bathroom upgrades, this unit offers a private patio and subterranean parking. Located in the Santa Monica-Malibu Unified district, this property is an ideal choice for Owner-Occupants or first-time buyers seeking a move-in ready coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2016 Euclid Street 6 Subject | $840,000* List Price | 2 | 2 | 1,082 | $767 | - |
A 2215 Oak Street 202 Sold | $782,011 | 2 | 2 | 1,146 | $682 | 0.9 mi |
B 717 Copeland Court 4 Sold | $810,000 | 2 | 2 | 1,017 | $796 | 0.6 mi |
C 2249 20th Street 3 Sold | $705,000 | 2 | 2 | 1,072 | $658 | 0.6 mi |
D 441 Raymond Avenue 5 Sold | $900,000 | 2 | 2 | 1,009 | $892 | 0.8 mi |
E 821 Bay St Sold | $1,050,000 | 2 | 2 | 1,404 | $748 | 0.3 mi |
F 1017 Pearl Street E Sold | $1,010,000 | 3 | 2 | 1,422 | $710 | 0.2 mi |
G 827 Bay Street 5 Active | $949,000 List Price | 2 | 2 | 960 | $989 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1977, the unit has undergone a high-end modern renovation within the last 5 years. Improvements include contemporary luxury vinyl plank flooring, updated kitchen cabinetry with stainless steel appliances, and a designer bathroom featuring trendy large-format marble-style tile and matte black fixtures. The presence of central heat and in-unit laundry confirms a move-in ready, mint condition interior.
Situated in a highly desirable Santa Monica neighborhood, the property offers exceptional proximity to the beach, Main Street, and Santa Monica College, ensuring strong long-term value and lifestyle appeal.
The unit features essential modern upgrades including updated bathrooms and an in-unit washer and dryer, providing a level of convenience often missing in older condominium complexes.
With a gated building, subterranean parking, and a private patio that extends the living space, the condo offers a secure and well-designed floor plan ideal for both entertaining and everyday living.
The property features central heating but lacks a cooling system, which may be a significant drawback for buyers during increasingly warm Southern California summers.
Built in 1977, the complex may lack the contemporary amenities of newer developments and could require higher long-term maintenance or HOA reserves for aging infrastructure.
Welcome to 2016 Euclid Street, Unit 6, a 2-bedroom, 2-bathroom condo offering 1,082 square feet of comfortable living space in a well-maintained gated building in Santa Monica. Thoughtfully designed for both everyday living and entertaining, the unit features an open living and dining area, updated bathrooms, in-unit washer and dryer, central heat, and a private patio that extends the living space outdoors. The functional floor plan provides two spacious bedrooms, including a primary suite with its own bathroom. Additional conveniences include subterranean parking and controlled building access. Located on a quiet residential street, the property is just minutes from Santa Monica Beach, Palisades Park, the Third Street Promenade, Main Street, and an array of local restaurants, shops, and entertainment options. The home is also conveniently located near Santa Monica College, making it an excellent option for students, faculty, and professionals alike. Whether you're looking to enjoy the outdoors, explore the neighborhood, or take advantage of everything Santa Monica has to offer, this home provides an ideal opportunity in one of the city's most desirable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,082 | 1,346 |
| Lot Size | 28,876 | 7,869 |
| Price | $840.0K | $1.33M |
| Price per sq ft | $776 | $977 |
| Built year | 1977 | 1978 |
| HOA | $525.0 | $500 |
| Days on market | 35 | 57 |
Jun 17, 2026
$840,000
Initial Listing
Mar 29, 2023
$860,000
Public Record
May 8, 2020
$835,000
Public Record