511 San Vicente Boulevard 106, Santa Monica, California 90402, Santa Monica, 90402 - 2 bed, 2 bath
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Santa Monica, California 90402
This Turn-Key Coastal Condo is a Prime Investment Opportunity, listed at $1,149,000—positioned well below the $1,185,954 Fair Market Value by 3%. This valuation gap offers $36,954 in Instant Equity for a residence with an Excellent Condition Rating. Featuring a Newly Remodeled Kitchen, Hardwood Floors, and building amenities like a Pool and Spa, the home is minutes from Franklin Elementary (9/10). It is a perfect match for Owner-Occupants or Lifestyle-Focused Professionals seeking a sophisticated beachside retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 511 San Vicente Boulevard 106 Subject | $1,149,000* List Price | 2 | 2 | 1,108 | $1,070 | - |
A 201 Ocean Avenue 301p Active | $1,449,000 List Price | 2 | 2 | 1,262 | $1,148 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in turn-key, mint condition following a recent high-end renovation. It features a newly remodeled kitchen with brand-new stainless steel appliances, modern flat-panel cabinetry, and stone countertops. The interior boasts updated hardwood flooring, recessed lighting, and a modern fireplace. Despite the 1969 build date, the recent updates and meticulous maintenance qualify it for the excellent category.
Elementary School: Franklin Elementary School (9/10).
Situated in Santa Monica's prestigious 90402 zip code, this property is just five blocks from the bluffs and within walking distance to the high-end boutiques and cafes of Montana Avenue.
The unit is move-in ready with a newly remodeled kitchen, brand-new stainless steel appliances, hardwood floors, and the rare privacy of having only one common wall.
Despite its proximity to the ocean and the Santa Monica bluffs, the unit does not offer any specific views, which may be a drawback for buyers seeking a coastal vista.
Built in 1969, the building's age may necessitate higher long-term maintenance costs or lack the contemporary architectural features found in newer luxury developments.
Experience an effortless lifestyle buoyed by ocean breezes, with every city convenience nearby. High ceilings adorn and natural light floods this coastal condo just 5 blocks to the Santa Monica bluffs. Turn-key with only one common wall, this airy retreat features an inviting open floor plan and spacious bedrooms, perfect for an easy beachside way of life. Warm hardwood floors, a newly remodeled kitchen with brand-new stainless steel appliances and full-size laundry also grace this single-level unit. In a refined elevator building with side by side secure parking, sparkling pool and oversized outdoor spa - all within minutes of Palisades Park, Santa Monica Canyon as well as Montana Avenue boutiques, cafes and services. Enjoy the finest in oceanfront living, a rare opportunity in Santa Monica's most coveted neighborhood.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades PK-5 • 1.5 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,108 | 1,568 | 11% |
| Lot Size | 14,645 | 32,778 | 11% |
| Price | $1.15M | $2.11M | 17% |
| Price per sq ft | $1.0K | $1.4K | 11% |
| Built year | 1969 | 1976 | 28% |
| HOA | $650.0 | $2.2K | 17% |
| Days on market | 2 | 206 | 6% |
Apr 20, 2026
$1,149,000
Initial Listing
Feb 6, 2017
$848,500
Public Record
Aug 9, 1996
$240,000
Public Record