2203 3rd Street 1, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 3 bath
2203 3rd Street 1
Santa Monica, California 90405
Property Price
SUMMARY
Analysis of 2203 3rd Street 1, Santa Monica, California 90405 is currently available with a list price of $2,100,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 1999, this townhome has been extensively and meticulously updated, as evidenced by the description and images. The gourmet kitchen features high-end stainless steel appliances, modern white shaker cabinets, solid surface countertops, and a subway tile backsplash, all appearing virtually new. The bathrooms, particularly the master, have been fully renovated with contemporary vanities, fixtures, mosaic tile flooring, a large walk-in shower, and a freestanding tub, reflecting current design trends and quality standards. Rich hardwood floors are present throughout, and the entire property appears freshly painted and impeccably maintained, with no signs of deferred maintenance. This aligns perfectly with the 'excellent' criteria for a property extensively renovated within the last 5 years, where all components are new or virtually new.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location & Lifestyle
Situated in a highly coveted Santa Monica location, moments from the beach and the vibrant energy of Main Street, offering refined coastal living.
- Sweeping Ocean Views & Expansive Outdoor Spaces
Boasts sweeping ocean views and five private outdoor spaces, including a spectacular rooftop terrace, perfect for relaxation and entertaining.
- Architectural Significance & Sophisticated Design
Masterfully designed by acclaimed architect William Brantley, this architecturally significant home offers a rare blend of sophistication and privacy.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly association fee of $1,000 is substantial and adds significantly to the overall cost of ownership.
- Townhome Structure
Despite offering a single-family feel, it is a townhome, which inherently involves shared walls and potentially less autonomy or privacy compared to a detached home.
- Lack of Mentioned Central Air Conditioning
The property description does not explicitly mention central air conditioning, which could be a perceived drawback for some buyers, especially given the luxury status and price point.
About 2203 3rd Street 1
Introducing an exceptional opportunity for the discerning buyer seeking refined coastal living. This exquisite, corner townhome-masterfully designed by acclaimed architect William Brantely-offers a rare blend of sophistication, privacy and sweeping ocean views. Enjoy the ambiance of a single-family residence with the convenience of townhome living, just moments from the beach and the vibrant energy of Santa Monica's Main Street. Whether you're savoring a quiet morning coffee or hosting an elegant evening gathering, five private outdoors spaces-including a spectacular rooftop terrace-proide the perfect setting for relaxation and entertaining. Inside, the residence is bathed in natural light from dramatic two-story ceilings, creating an airy, inviting atmosphere. The flexible layout features two spacious bedrooms, a versatile loft, and two and half beautifully appointed bathrooms. The gourmet kitchen is a chef's delight, seamlessly connecting to the open dining area and patio for effortless indoor-outdoor living. Thoughtful upgrades abound, including rich hardwood floors, designer finishes. A private, direct access two-car garage, generous walk-in closets and ample storage further enhance the home's appeal. This is a rare chance to own a meticulously updated, newly painted, architecturally significant home in one of Santa Monica's most coveted locations-crafted for those who demand the very best.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1999
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1000.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 2,117 | 1,371 | 91% |
| Lot Size | - | 14,701.5 | 3% |
| Price | $2.10M | $1.20M | 91% |
| Price per sq ft | $992 | $1000 | 50% |
| Built year | 1999 | 1976 | 88% |
| HOA | $1000.0 | $635 | 72% |
| Days on market | 56 | 173 | 13% |
Pricing History
Listed for Sale
Mar 4, 2026
$2,100,000
$2,200,000
-5% Price Drop
Initial Listing
Price Change
Jan 9, 2026
$2,200,000
Initial Listing
Sold
Jul 24, 2020
$2,075,000
Public Record
Sold
Nov 9, 2010
$1,150,000
Public Record
Sold
Mar 17, 2006
$1,445,000
Public Record
Sold
Apr 30, 2004
$1,200,000
Public Record
Sold
Oct 10, 2001
$840,000
Public Record