This Spacious Townhouse represents a Strong Value Opportunity, listed at $1,350,000—positioned well below the $1,368,090 Fair Market Value by 1%. This valuation gap offers $18,090 in Instant Equity. Featuring a Condition Rating of 4, the home offers a rare rooftop deck with panoramic mountain views and a private patio. Located in the Santa Monica-Malibu Unified district, this residence provides a single-family feel for Owner-Occupants and discerning professionals seeking a prime, walkable lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2450 Chelsea Place A Subject | $1,350,000* List Price | 3 | 3 | 1,790 | $674 | - |
A 1418 26th 5 Sold | $1,055,000 | 2 | 3 | 1,497 | $705 | 0.1 mi |
B 1238 22nd Street 3 Active | $1,389,000 List Price | 2 | 3 | 1,485 | $935 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (34 years old), the property exceeds the 20-year age threshold for 'Fair' condition. While the description highlights 'spa-like' bathroom updates, wood floors, and central air, the overall age of the structure and systems suggests it is a well-maintained but dated home that may require minor updates to meet modern standards.
The property features a rare combination of a large private patio and an expansive rooftop deck with panoramic mountain views, providing superior space for entertaining.
With 1,790 square feet, soaring ceilings, a bonus mezzanine loft, and a private two-car garage with direct access, the layout offers the privacy and scale of a detached residence.
Ideally positioned near Montana Avenue, award-winning schools, and premium retailers like Erewhon and Whole Foods, offering an ultra-convenient and walkable lifestyle.
The floor plan spans three levels plus a mezzanine and rooftop deck, which may be a drawback for buyers seeking accessibility or a more traditional single-level flow.
The $600 monthly association fee represents a significant recurring carrying cost that buyers must factor into their overall monthly budget.
Offering approximately 1,790 square feet of light-filled living space, this exceptional front-end unit 3 bedroom, 2.5 bath residence lives like a single family home, featuring a private two car garage with direct access, a separate storage room, as well as two outstanding private outdoor spaces, central air conditioning and in-unit laundry. Soaring ceilings, rich wood floors, and oversized windows fill the open-concept living and dining areas with natural light, creating an airy, inviting atmosphere throughout. A versatile mezzanine loft overlooks the main living space and is ideal as a family room, media lounge, or home office. The spacious primary suite features dual-aspect windows, a generous walk-in closet, and a spa-inspired bath with dual vanities and an oversized shower. Two additional bedrooms and a full bath provide comfortable accommodations for family, guests, or flexible work-from-home living. Designed for effortless indoor-outdoor living, the dining area opens to a large private patio, while the expansive rooftop deck offers sweeping Santa Monica Mountain views and exceptional space for entertaining or relaxing under the California sky. Ideally located in the heart of Santa Monica, just moments from award-winning schools, neighborhood parks, Montana Avenue, and the beach bike path, you'll enjoy easy access to Erewhon, Trader Joe's, Bristol Farms, Whole Foods, Fia, Chelsea, and Milo & Olive. A rare opportunity to enjoy the space, privacy, and lifestyle of a single-family home with the convenience of townhome living in one of the Westside's most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.9 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,790 | 1,642.533 |
| Lot Size | 5,095 | 10,625.533 |
| Price | $1.35M | $1.55M |
| Price per sq ft | $754 | $1.0K |
| Built year | 1992 | 1980 |
| HOA | $600.0 | $579 |
| Days on market | 34 | 60 |
Aug 6, 2026
$1,350,000
Initial Listing
Nov 16, 1994
$325,000
Public Record