2940 Neilson Way 305, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 2 bath

2940 Neilson Way 305
Santa Monica, California 90405
Property Price
SUMMARY
Analysis of 2940 Neilson Way 305, Santa Monica, California 90405 is currently available with a list price of $1,395,000. 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.
Although built in 1980, the unit has undergone a comprehensive high-end designer renovation within the last few years. It features premium upgrades including light oak engineered wood floors, a chef's kitchen with Caesarstone countertops and Bertazzoni appliances, and fully modernized bathrooms with smart fixtures and contemporary tiling. The property is in turnkey condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High-End Designer Remodel
The unit features a comprehensive, turnkey renovation including light oak engineered wood floors, Caesarstone countertops, and a chef-grade Bertazzoni range, offering a modern coastal aesthetic.
- Prime Coastal Location
Located in the prestigious Sea Colony II, the property provides an ultimate coastal lifestyle with immediate beach access and close proximity to Main Street and Abbott Kinney.
- Extensive Community Amenities
Residents enjoy 24-hour security, side-by-side parking, EV charging stations, and resort-style facilities including a pool, three spas, and a fitness center.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee is $1,685 per month, which is significantly high and may deter buyers sensitive to ongoing monthly expenses.
- Limited View Profile
Despite the coastal location, the unit's views are restricted to the internal courtyard and spa area rather than the ocean, which may impact its competitive edge at this price point.
About 2940 Neilson Way 305
Stunning Designer Remodel now available at the prestigious Sea Colony II. This is the ultimate experience of coastal resort living, close to the beach, award winning restaurants and exclusive shopping in Santa Monica. Beautiful light oak engineered wood floors and Caesarstone counter tops throughout, Kitchen has contemporary hexagonal tiled wall with light wood open shelving, SS appliances and a chefs Bertazzoni Range top/Oven. There is a breakfast nook that can be used as an office area which looks out onto trees in the courtyard and spa below. This is 'Open Plan' living, the kitchen looks out to the dining area and living room, with a breakfast bar for casual dining. Living room has a modern electric fireplace set in a beautiful tiled wall, there is a large Balcony open to the tranquil courtyard with a spa surrounded by trees and manicured gardens, perfect for those colorful California evening sunsets and dining 'al fresco'. Primary Bedroom also opens to the balcony and has a good size walk-in closet, remodeled modern bathroom with two sink vanity and large walk in shower. Second bedroom is also a good size with one wall of closets large window overlooking courtyard, remodeled bathroom which is also used as a powder room for guests, with smart Kohler Toilet. Both Bathrooms are expertly designed in neutral tones that blend perfectly with the coastal vibe. Unit has stacked washer and dryer, two side by side parking spaces, one storage locker. Community has 24 hr security, access to pathway to beach, pool, 3 spas, gym, meeting room, rec room, visitor parking, EV charging stations. Close to Main Street, Abbott Kinney, Santa Monica Mall and Third st. Mall.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 134,148 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1685.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,352 | 1,352 | 50% |
| Lot Size | 134,148 | 17,413 | 76% |
| Price | $1.40M | $1.21M | 58% |
| Price per sq ft | $1.0K | $1.0K | 52% |
| Built year | 1980 | 1977 | 58% |
| HOA | $1685.0 | $620 | 97% |
| Days on market | 14 | 175 | 6% |
Pricing History
Listed for Sale
Feb 20, 2026
$1,395,000
Initial Listing
Sold
Feb 9, 2021
$1,340,000
Public Record
Sold
Apr 30, 2002
$495,000
Public Record










































