2512 28th Street 104, Santa Monica, California 90405, Santa Monica, 90405 - 4 bed, 4 bath

2512 28th Street 104, Santa Monica, California 90405 home-pic-0
ACTIVE$1,749,000
2512 28th Street 104, Santa Monica, California 90405
4Beds
4Baths
2,257Sqft
18,032Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $1,749,000.

Key pros and cons

Top Pros:
Premier Santa Monica Location: Situated in the highly desirable Sunset Park neighborhood of Santa Monica, offering convenient access to restaurants, shops, parks, and services.
Top Cons:
Substantial Monthly Association Fees: The property carries a significant monthly association fee of $826.0, which adds to the overall cost of ownership.

Compared to the nearby listings

Price:$1.75M vs avg $1.19M (+$564,000)76%
Size:2,257 sqft vs avg 1,328 sqft91%
Price/sqft:$775 vs avg $1.0K11%

More Insights

Built in 2007 (18 years old).
Condition: Built in 2007, this property falls within the 'Good' category's age range (10-20 years). The listing description highlights 'finest finishes' and a 'chef's kitchen with top-of-the-line appliances,' which is strongly supported by the images. The kitchen features modern white shaker cabinets, stainless steel professional-grade appliances, and contemporary countertops and backsplash, all appearing in excellent, well-maintained condition. Bathrooms also showcase modern vanities, tiled showers with glass enclosures, and updated fixtures. Hardwood floors in living areas and clean carpets in bedrooms contribute to a move-in ready state with minimal wear and tear. While the property is not newly built or explicitly stated to have undergone an extensive renovation within the last 5 years, its high-quality original construction and apparent updates to key areas like appliances ensure it meets current quality standards and requires no immediate renovations.
Year Built
2007
Close
-
List price
$1.75M
Original List price
$2M
Price/Sqft
$775
HOA
$826
Days on market
-
Sold On
-
MLS number
25589963
Home ConditionGood
Features
Good View: City Lights
Deck
Patio
ViewCity Lights

About this home

Experience elevated living in this 4-bedroom, 4-bath townhouse. Part of the intimate Sunset Park Villas, the home blends privacy and style in one of Santa Monica's most desirable neighborhoods. Direct access from the private 2-car garage leads into a spacious floor plan filled with natural light, soaring ceilings, and two private patios' ideal for entertaining or relaxing. Designed with quality and the finest finishes, the residence features a chef's kitchen with top-of-the-line appliances and ample cabinetry, plus a convenient full-size side-by-side laundry. Three bedrooms, including the luxurious primary suite, are located upstairs, while a large fourth bedroom on the lower level features an ensuite bathperfect for guests, a dedicated office, or gym. Currently leased to a high-quality tenant generating strong income, this property offers immediate profitability along with long-term upsidean exceptional opportunity in the heart of Sunset Park. With its prime location near restaurants, shops, parks, and services, this property presents an outstanding opportunity as a lucrative high-end rental or private residence.

Price History

Date
Event
Price
04/21/15
Sold
$1,190,000
Condition Rating
Good

Built in 2007, this property falls within the 'Good' category's age range (10-20 years). The listing description highlights 'finest finishes' and a 'chef's kitchen with top-of-the-line appliances,' which is strongly supported by the images. The kitchen features modern white shaker cabinets, stainless steel professional-grade appliances, and contemporary countertops and backsplash, all appearing in excellent, well-maintained condition. Bathrooms also showcase modern vanities, tiled showers with glass enclosures, and updated fixtures. Hardwood floors in living areas and clean carpets in bedrooms contribute to a move-in ready state with minimal wear and tear. While the property is not newly built or explicitly stated to have undergone an extensive renovation within the last 5 years, its high-quality original construction and apparent updates to key areas like appliances ensure it meets current quality standards and requires no immediate renovations.
Pros & Cons

Pros

Premier Santa Monica Location: Situated in the highly desirable Sunset Park neighborhood of Santa Monica, offering convenient access to restaurants, shops, parks, and services.
High-End Finishes & Chef's Kitchen: Designed with quality and the finest finishes, featuring a chef's kitchen equipped with top-of-the-line appliances and ample cabinetry.
Strong Investment Potential: Currently leased to a high-quality tenant, generating immediate strong income and offering significant long-term upside as a rental or private residence.
Spacious & Flexible Floor Plan: A 4-bedroom, 4-bath townhouse with a spacious layout, soaring ceilings, natural light, and a versatile lower-level bedroom ideal for guests, an office, or a gym.
Private Amenities & Views: Includes direct access from a private 2-car garage, two private patios for entertaining, and desirable city lights views.

Cons

Substantial Monthly Association Fees: The property carries a significant monthly association fee of $826.0, which adds to the overall cost of ownership.
History of Price Reductions: Multiple price drops from the original list price of $1.995M to the current $1.749M may indicate initial overpricing or market resistance.
Condominium Ownership Limitations: As a townhouse within a condominium complex, it entails shared walls and potential restrictions on exterior modifications, which may not appeal to all buyers seeking full autonomy.

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