2940 Neilson Way 302, Santa Monica, California 90405, Santa Monica, 90405 - 1 bed, 2 bath
2940 Neilson Way 302
Santa Monica, California 90405
Property Price
SUMMARY
Analysis of 2940 Neilson Way 302, Santa Monica, California 90405 is currently available with a list price of $1,149,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a newly remodeled, turnkey residence featuring high-end quartz countertops, top-of-the-line appliances, and modern finishes throughout. Although built in 1980, the extensive recent renovation and updated systems meet current luxury standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the prestigious Sea Colony II, this unit offers an expansive ocean-facing balcony with stunning views and immediate proximity to the beach, Santa Monica Pier, and Venice.
- Turnkey Modern Remodel
The residence has been newly updated with high-end finishes, including quartz countertops and top-of-the-line appliances, offering a move-in-ready luxury experience.
- Comprehensive Security & Amenities
Residents benefit from 24-hour guard-gated security and resort-style amenities, providing a safe and exclusive lifestyle in a high-demand urban coastal area.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly association fee of $1,625 is substantial for a one-bedroom unit, which may impact the overall affordability and appeal for certain buyers.
- Single Bedroom Configuration
Despite the generous 1,081 square footage, the one-bedroom layout may limit the property's appeal to a narrower demographic compared to multi-bedroom units at a similar price point.
About 2940 Neilson Way 302
Welcome to the epitome of Westside living in the coveted Sea Colony II condominium complex. This newly remodeled, turnkey 1-bedroom, 2-bath residence offers 1,081 square feet of bright, modern living designed for effortless coastal comfort. Featuring quartz countertops, top of the line appliances, en suite bathroom, walk in closet, an expansive ocean-facing balcony invites morning coffee, sunset wine, and everything in between, with the soothing sound of the waves just moments from the sand. Sea Colony II features resort-style amenities and 24-hour guard-gated security, creating a private coastal retreat in the heart of Santa Monica. Ideally located, you’re just a short stroll to boutique shopping, wellness studios, top-tier dining, vibrant nightlife, Venice Beach, and the iconic Santa Monica Pier. An exceptional blend of luxury, lifestyle, and location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 134,148 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1625.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 25% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,081 | 1,340 | 44% |
| Lot Size | 134,148 | 17,720 | 75% |
| Price | $1.15M | $1.19M | 41% |
| Price per sq ft | $1.1K | $1.0K | 53% |
| Built year | 1980 | 1976 | 56% |
| HOA | $1625.0 | $635 | 78% |
| Days on market | 29 | 173 | 9% |
Pricing History
Listed for Sale
Feb 21, 2026
$1,149,000
$1,230,000
-7% Price Drop
Initial Listing
Price Change
Feb 5, 2026
$1,230,000
Initial Listing
Sold
Jun 18, 2021
$1,145,000
Public Record