
Santa Monica, California 90405
This Prime Coastal Condominium is a Strong Value Opportunity, listed at $629,000—positioned well below the $697,177 Fair Market Value by 9%. This valuation gap delivers $68,177 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the residence features an upgraded kitchen and a dedicated den ideal for remote work. Located steps from Santa Monica Beach within the prestigious Santa Monica-Malibu Unified district, this gated community offers a pool and secure parking. It is an ideal acquisition for coastal professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2311 4th Subject | $629,000* List Price | 1 | 1 | 694 | $1,005 | - |
A 2311 4th Street 205 Sold | $649,000 | 1 | 1 | 662 | $980 | 0.0 mi |
B 2431 3rd Street 10 Sold | $710,000 | 1 | 1 | 641 | $1,108 | 0.1 mi |
C 2431 3rd Street 9 Sold | $715,000 | 1 | 1 | 640 | $1,117 | 0.1 mi |
D 827 Bay Street 2 Sold | $501,000 | 1 | 1 | 756 | $663 | 0.4 mi |
E 848 Pacific Street 2 Sold | $633,000 | 1 | 1 | 578 | $1,095 | 0.4 mi |
F 2311 4th Street 219 Active | $659,000 List Price | 1 | 1 | 666 | $989 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a tastefully upgraded kitchen with modern shaker cabinetry, stone countertops, and stainless steel appliances. While the 1967 construction is reflected in older elements like the wall heater and vintage bathroom floor tile, the overall unit is well-maintained with updated wood-look flooring, clean paint, and functional fixtures.
Situated just steps from the iconic Santa Monica Beach, this property offers an unparalleled lifestyle with immediate access to the ocean and vibrant local amenities.
The inclusion of a dedicated den provides a versatile space for a home office or reading nook, which is a rare and highly desirable feature for a one-bedroom unit.
Residents benefit from a gated environment, a sparkling community pool, and a dedicated parking space, providing both security and convenience in a high-demand area.
Built in 1967, the property may lack some of the modern infrastructure, soundproofing, or energy-efficient features found in newer luxury developments.
With 694 square feet of living space, the unit's footprint is relatively small, which may feel restrictive for buyers with significant storage needs or larger furniture.
Prime Location! Just steps away from the iconic Santa Monica Beach, this home offers the vibrant rhythm and lifestyle of coastal living right at your doorstep. Nestled within a gated community, residents enjoy added privacy and security, along with access to a sparkling pool. The property features a bedroom with walk-in closet, a bathroom, a cozy den perfect for a home office or reading space, and an upgraded kitchen designed for both style and functionality. The interior boasts a combination of tile and wood flooring, providing both durability and elegance throughout. Additionally, the home includes its own dedicated parking space for convenience. A rare opportunity to experience beachside living in one of the most desirable locations!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 24% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 694 | 1,389.5 | 21% |
| Lot Size | 41,684 | 14,701.5 | 71% |
| Price | $629.0K | $1.23M | 9% |
| Price per sq ft | $906 | $1.0K | 26% |
| Built year | 1967 | 1974 | 32% |
| HOA | $325.0 | $610 | 9% |
| Days on market | 9 | 202 | 3% |
Apr 13, 2026
$629,000
Initial Listing
Apr 26, 2021
$650,000
Public Record
Apr 19, 2011
$305,000
Public Record