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2308 Schader Drive 101, Santa Monica, California 90404, Santa Monica, 90404 - 2 bed, 2 bath

2308 Schader Drive 101, Santa Monica, California 90404 home-pic-0
ACTIVE$849,000
2308 Schader Drive 101, Santa Monica, California 90404
2Beds
2Baths
865Sqft
19,595Lot
Year Built
1972
Close
-
List price
$849K
Original List price
$855K
Price/Sqft
$982
HOA
$405.09
Days on market
-
Sold On
-
MLS number
25541241
Home ConditionFair
Features
View

About this home

We found 3 Cons,5 Pros. Rank: price - $849.0K(47th), sqft - 865(30th), beds - 2(50th), baths - 2(50th).

This cozy 2-bedroom, 2-bathroom front-facing condo is located in a well-maintained elevator building in the heart of Midtown Santa Monica. Just steps from Starbucks, Whole Foods, the Expo Line, and a variety of trendy shops, it's also a short stroll to the iconic Third Street Promenade and the world-renowned Santa Monica beaches. Inside, the home is filled with natural light and offers a warm, inviting atmosphere. The thoughtful layout separates the two bedrooms on opposite sides of the open living and dining areas, providing privacy and flexibility for everyday living or guests. Additional features include in-unit laundry, secure two-car parking in a gated street-level garage (NOT TANDEM), and earthquake insurance for added peace of mind. Move-in ready and ideally situated, this condo is a rare opportunity to enjoy the best of Santa Monica living with comfort, convenience, and style.

Price History

Date
Event
Price
08/26/25
Price Change
$849,000-0.7%
05/20/25
$855,000
07/29/96
Sold
$149,500
Condition Rating
Fair
Built in 1972, this condo has undergone updates, including newer laminate flooring and a mini-split AC system. However, the kitchen features white appliances and a dated fluorescent light fixture, and the bathroom includes a mosaic accent tile that appears to be from an older renovation. While clean and move-in ready, these elements show signs of being outdated, suggesting the major renovations occurred more than 15 years ago, aligning with the 'Fair' condition criteria for properties that are aged but maintained, with functional components showing signs of being outdated.
Pros & Cons

Pros

Exceptional Location: Situated in the heart of Midtown Santa Monica, this condo boasts unparalleled walkability to essential amenities like Whole Foods, Starbucks, the Expo Line, trendy shops, and a short stroll to the Third Street Promenade and Santa Monica beaches.
Secure & Ample Parking: A significant advantage in Santa Monica, the property includes secure, non-tandem two-car parking in a gated street-level garage, offering convenience and peace of mind.
In-Unit Laundry: The inclusion of in-unit laundry provides a highly desirable convenience, enhancing the daily living experience for residents.
Functional & Private Layout: The thoughtful layout separates the two bedrooms on opposite sides of the living areas, ensuring privacy and flexibility for residents or guests.
Well-Maintained Building & Security: Located in a well-maintained elevator building with earthquake insurance, the property offers added security and comfort, contributing to a worry-free living environment.

Cons

Compact Living Space: At 865 sqft, the unit offers a relatively compact living area for a 2-bedroom, 2-bathroom configuration, which might feel small to some buyers accustomed to larger spaces.
Building Age: Built in 1972, the building is over 50 years old. While described as well-maintained, its age could imply older infrastructure or potential for future maintenance/assessment costs not immediately apparent.
Monthly Association Fees: The $405.09 monthly association fee adds a significant recurring cost to homeownership, which could impact the overall affordability for some buyers.

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