3207 Colorado Avenue 1, Santa Monica, California 90404, Santa Monica, 90404 - 2 bed, 3 bath

3207 Colorado Avenue 1, Santa Monica, California 90404 home-pic-0
ACTIVE UNDER CONTRACT$950,000
3207 Colorado Avenue 1, Santa Monica, California 90404
2Beds
3Baths
1,368Sqft
6,672Lot
Year Built
1985
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$694
HOA
$600
Days on market
-
Sold On
-
MLS number
25597423
Home ConditionExcellent
Features
Deck
Patio
ViewCourtyard

About this home

Great Deal:The estimated price is 11% above the list price. We found 3 Cons,5 Pros. Rank: price - $950.0K(52th), sqft - 1368(61th), beds - 2(50th), baths - 3(55th).

Spacious and bright 2BR+2.5BA townhouse located in the heart of Santa Monica. Newly installed wood floors on the 1st floor showcase the large living area with decorative fireplace, recessed lighting and new glass sliding doors overlooking the patio spanning the width of the unit. Eat-in kitchen has stainless steel appliances, with ample cabinet space and custom cabinets, that leads out to the spacious dining area. The powder room and coat closet complete the first-floor. The second-floor features two en-suite bedrooms including the large primary with high ceilings, walk-in closet and private balcony. Side-by-side laundry room with full-size washer and dryer. Both bedrooms have no common walls. Kinetico water filtration system. Two side-by-side parking spaces with storage unit in gated garage. Boutique 5-unit building that includes earthquake insurance. Would make a wonderful place to call home.

Price History

Date
Event
Price
09/25/25
Listing
$950,000
01/07/21
Sold
$931,500
05/16/06
Sold
$703,000
10/23/98
Sold
$244,000
01/20/95
Sold
$175,000
Condition Rating
Excellent

Built in 1985, this townhouse has undergone significant recent renovations. The description highlights 'newly installed wood floors' and 'new glass sliding doors,' which are clearly visible in the images, along with recessed lighting throughout. The kitchen features modern white custom cabinets, stainless steel appliances, and clean white countertops. Bathrooms are updated with contemporary fixtures, vanities, and stylish patterned floor tiles. The overall condition, modern aesthetic, and lack of visible wear and tear suggest an extensive renovation within the last 5 years, making it virtually new and meeting current quality standards.
Pros & Cons

Pros

Prime Santa Monica Location: Located in the highly desirable 'heart of Santa Monica,' offering excellent access to local amenities, dining, and the beach.
Modernized Interior & Features: Recently updated with newly installed wood floors, recessed lighting, new glass sliding doors, and an eat-in kitchen featuring stainless steel appliances and custom cabinets.
Functional & Private Layout: Features two spacious en-suite bedrooms with no common walls, high ceilings in the primary, a walk-in closet, and a private balcony, enhancing comfort and privacy.
Valuable Amenities & Parking: Includes two side-by-side parking spaces with a storage unit in a gated garage (a significant advantage in Santa Monica), in-unit full-size laundry, and a Kinetico water filtration system.
Potential for Immediate Equity: The current listing price of $950,000 is approximately 10-11% below the estimated market value of $1,059,556, suggesting a strong value proposition for buyers.

Cons

High Monthly Association Fee: The $600.0 monthly association fee is substantial and adds a significant recurring cost to homeownership.
Age of Building (1985): While updated, the 1985 construction year suggests that some underlying building systems may be original or nearing the end of their lifespan, potentially leading to future maintenance or assessment costs.
Absence of Central Air Conditioning: The description does not mention a cooling system, which is a common omission for properties of this age and could be a significant drawback during warmer months in Santa Monica.

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