2677 Centinela Avenue 401, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 3 bath
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2677 Centinela Avenue 401
Santa Monica, California 90405
ACTIVE UNDER CONTRACT
CONDITION: GOOD
2Beds
3Baths
1,777Sq Ft
34,122Lot Size
Property Price
LIST PRICE$950,000
EST. MARKET VALUE
$1,077,722
11% BelowMARKET VALUE
SUMMARY
This Townhouse-Style Condo presents a Strong Value Opportunity, listed at $950,000—positioned well below the $1,077,723 Fair Market Value by 11%. This valuation gap offers $127,723 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the property offers a versatile layout with a Private Rooftop Deck and city views. With SB 326 certification and earthquake insurance included, this residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained, high-potential asset in Santa Monica.
Estimated Market Value
$1,077,722+$127,722 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Monica.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2677 Centinela Avenue 401 Subject | $950,000* List Price | 2 | 3 | 1,777 | $606 | - |
A 2215 Oak Street 202 Sold | $782,011 | 2 | 2 | 1,146 | $682 | 0.9 mi |
B 2677 Centinela Avenue 103 Sold | $820,000 | 2 | 2 | 1,287 | $637 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1980, the property is well-maintained and move-in ready with partial renovations likely completed within the last 10-15 years. The kitchen features stainless steel appliances and stone countertops, and the bathrooms have been updated with newer vanities. While some elements like the kitchen cabinetry and fluorescent light box are dated, the overall condition is functional and clean with no apparent structural defects.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Multi-Level Layout
The unique townhouse-style floor plan features soaring two-story ceilings, a large loft, and dual entrances on separate floors, providing exceptional privacy and flexible living or workspace options.
- Private Rooftop Deck
A private rooftop deck offers expansive city and hill views, providing a rare and highly desirable outdoor retreat that significantly enhances the property's indoor-outdoor living appeal.
- Strong HOA Compliance & Insurance
The property is SB 326 certified and meets current Fannie Mae/Freddie Mac requirements with earthquake insurance included in the HOA, offering buyers significant peace of mind and streamlined financing.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =34122, other record lot size in square feet = 34048.
- High Monthly HOA Dues
At approximately $976 per month, the association fees are relatively high, which may impact the overall monthly affordability and debt-to-income ratios for prospective buyers.
- Traffic Noise Potential
Located on Centinela Avenue, a major Santa Monica thoroughfare, the property may be subject to higher levels of street noise and traffic congestion compared to more secluded residential pockets.
About 2677 Centinela Avenue 401
Welcome to this Beautiful 2 Bed 3 Bath Plus Large Loft Santa Monica Town House Style Condo. offering light-filled interiors, soaring ceilings, and exceptional indoor-outdoor living. The kitchen opens to a dramatic living room with two-story ceilings and a fireplace. The spacious primary suite features 10-foot ceilings, a walk-in closet, soaking tub, and dual vanities. A versatile loft provides additional living or workspace and opens directly to a private rooftop deck with city views.The residence features two separate entrances, with the main entrance located on the 4th floor and a 3rd-floor entrance providing direct access to the bedroom level. Additional features include a guest bedroom and bath, in-unit laundry, private balcony, two-car parking, separate storage, community pool and BBQ area, and convenient access to the beach, restaurants, shops, and Ocean Park amenities. SB 326 certification completed. Per seller/HOA information, the property meets new applicable Fannie Mae and Freddie Mac condominium requirements and there is no pending litigation. HOA includes earthquake insurance. Buyers are advised to independently verify all HOA, lending, certification, and property information.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 34,122 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $975.6 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,777 | 1,332.636 |
| Lot Size | 34,122 | 8,171.182 |
| Price | $950.0K | $1.30M |
| Price per sq ft | $535 | $979 |
| Built year | 1980 | 1976 |
| HOA | $975.6 | $553 |
| Days on market | 16 | 57 |
Pricing History
Listed for Sale
Aug 24, 2026
$950,000
Initial Listing
Sold
May 13, 2011
$510,000
Public Record
Sold
Oct 17, 2006
$685,000
Public Record
Sold
Oct 29, 2004
$565,000
Public Record