2702 11th Street 5, Santa Monica, California 90405, Santa Monica, 90405 - 1 bed, 1 bath
Loading property details...
Santa Monica, California 90405
This Top-Floor Coastal Condominium is a Strong Value Opportunity, listed at $599,000—positioned well below the $653,259 Fair Market Value by 8%. This valuation gap provides $54,259 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the residence features an updated kitchen with shaker cabinetry, wood-style flooring, and a private balcony. As a top-floor unit with no neighbors above, it offers rare privacy in a prime Santa Monica location near the beach. This is an ideal acquisition for coastal professionals or first-time buyers seeking a turnkey asset with built-in value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2702 11th Street 5 Subject | $599,000* List Price | 1 | 1 | 657 | $994 | - |
A 2431 3rd Street 10 Sold | $710,000 | 1 | 1 | 641 | $1,108 | 0.6 mi |
B 2431 3rd Street 9 Sold | $715,000 | 1 | 1 | 640 | $1,117 | 0.6 mi |
C 2311 4th Street 205 Sold | $649,000 | 1 | 1 | 662 | $980 | 0.6 mi |
D 827 Bay Street 2 Sold | $501,000 | 1 | 1 | 756 | $663 | 0.6 mi |
E 848 Pacific Street 2 Sold | $633,000 | 1 | 1 | 578 | $1,095 | 0.4 mi |
F 2311 4th Active | $629,000 List Price | 1 | 1 | 694 | $906 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained. The kitchen has been updated with modern shaker-style cabinetry, stone countertops, and stainless steel appliances. The living areas feature updated wood-style flooring and a wall-mounted AC unit. While the bathroom vanity and tile show some age, the overall unit is in high-quality, functional condition without the need for immediate renovation.
Situated in a highly coveted Santa Monica neighborhood, the property offers exceptional walkability to local dining, coffee shops, and the beach.
As a top-floor unit with no neighbors above and only one shared wall, this condo provides a rare level of privacy and quiet for multi-family living.
The inclusion of air conditioning, a private balcony, and a dedicated parking space enhances the functional appeal and comfort of this coastal retreat.
With only 657 square feet of living space, the layout may feel restrictive for buyers seeking more generous room proportions or additional storage.
Built in 1964, the building's age may necessitate future capital improvements or higher maintenance considerations compared to newer developments.
Top-floor living in one of Santa Monica's most coveted locations this light-filled 1-bedroom, 1-bath condo offers the perfect blend of comfort, charm, and convenience. With no one above you and only one shared wall, enjoy a rare sense of privacy in a peaceful, Spanish-style building full of character. Step inside to a bright and airy space complemented by air conditioning and a private balcony ideal for morning coffee or unwinding after a day at the beach. The thoughtfully designed layout maximizes both comfort and functionality, while a dedicated parking space adds everyday ease. Just moments from your favorite restaurants, coffee shops, and workout spots and most importantly, the beach this home puts the very best of Santa Monica right at your doorstep. Whether you're looking for a serene retreat or a vibrant coastal lifestyle, this is the place to call home.
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 | 657 | 1,389.5 | 18% |
| Lot Size | 7,737 | 11,610.5 | 35% |
| Price | $599.0K | $1.23M | 9% |
| Price per sq ft | $912 | $1.0K | 29% |
| Built year | 1964 | 1974 | 29% |
| HOA | $478.01 | $610 | 38% |
| Days on market | 6 | 202 | 3% |
Apr 16, 2026
$599,000
Initial Listing
Nov 18, 2022
$615,000
Public Record
Aug 26, 2015
$475,000
Public Record
Oct 29, 2014
$87,500
Public Record