2960 Neilson Way 301, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 2 bath

2960 Neilson Way 301
Santa Monica, California 90405
Property Price
SUMMARY
Analysis of 2960 Neilson Way 301, Santa Monica, California 90405 is currently available with a list price of $1,499,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is in move-in ready condition with clear evidence of extensive renovations that modernize its original 1980 construction. The kitchen features updated stainless steel appliances, stone countertops, and contemporary cabinetry. Bathrooms have been remodeled with modern fixtures, dual sinks, and a separate soaking tub and glass shower. The unit boasts updated hard-surface flooring, recessed lighting, and floor-to-ceiling glass that appears well-maintained. While the building itself is older, the interior finishes and systems within the unit fall within the 5-15 year renovation window typical of the 'good' classification.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Corner Positioning
As a corner end unit, this property offers superior privacy, abundant natural light through floor-to-ceiling glass, and unobstructed ocean and pier views that are rare within the complex.
- Beachside Lifestyle Amenities
Residents benefit from a highly secure, 24-hour guarded community featuring a comprehensive suite of amenities including a pool, fitness center, and immediate proximity to the beach and Main Street.
- Superior Utility & Storage
The unit includes highly sought-after conveniences such as in-unit laundry, side-by-side parking located conveniently near the elevator, and an unusually large private storage space.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $1,625 is substantial, which significantly increases the total monthly carrying cost and may impact buyer affordability.
- Building Age
Constructed in 1980, the building may require more frequent maintenance or future capital improvements compared to newer luxury developments in the Santa Monica area.
About 2960 Neilson Way 301
This corner end unit at Sea Colony II offers what most units in the building do not: extra privacy, more natural light, and open ocean views from both the living space and primary suite. Positioned on the quieter edge of the building, it feels removed while still being steps from the sand and Main Street. Floor to ceiling glass brings in west facing light throughout the day, and the balcony becomes a true extension of the living space at sunset, with views of the ocean and Santa Monica Pier. The primary suite opens directly to the balcony, creating a rare indoor outdoor flow, with space for a work from home setup overlooking the water. The ensuite bath features dual sinks, a soaking tub, and a separate shower. A true second bedroom and full second bathroom offer flexibility for guests, a dedicated office, or long term living without compromise. An in unit washer and dryer add daily convenience, something buyers consistently prioritize in this building. The kitchen is designed to open into the living area, with quality appliances, generous storage, and a breakfast bar that keeps the space connected and functional. Two side by side parking spaces located next to the elevator and mail area make daily living easy, and a private, secure storage unit adds even more flexibility. The storage space is large enough for multiple bikes, storage racks, and boxes, with room to comfortably walk around. Sea Colony II remains one of the most secure and amenity rich communities on Neilson Way, offering 24 hour security, a pool, multiple spas, a fitness center, yoga room, sauna, generous guest parking, and controlled elevator access, all in the heart of Ocean Park. For buyers who understand this building and this stretch of Neilson Way, the combination of corner privacy, natural light, ocean views, a full second bath, in unit laundry, and prime parking makes this a standout opportunity.
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
- $1625.0 / 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 | 1,229 | 1,340 | 44% |
| Lot Size | 134,148 | 17,720 | 75% |
| Price | $1.50M | $1.20M | 63% |
| Price per sq ft | $1.2K | $1.0K | 88% |
| Built year | 1980 | 1976 | 56% |
| HOA | $1625.0 | $635 | 78% |
| Days on market | 4 | 174 | 3% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,499,000
Initial Listing
Sold
May 24, 2018
$1,450,000
Public Record
Sold
Apr 20, 2001
$510,000
Public Record
Sold
Aug 4, 1997
$278,000
Public Record









































