521 Montana Avenue 305, Santa Monica, California 90403, Santa Monica, 90403 - 1 bed, 1 bath

521 Montana Avenue 305, Santa Monica, California 90403 home-pic-0
ACTIVE$849,500
521 Montana Avenue 305, Santa Monica, California 90403
1Bed
1Bath
930Sqft
30,007Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Located just blocks from Montana Avenue's premier dining, shopping, and entertainment, and minutes from the beach, Ocean Avenue, and Palisades Park, placing it in one of the Westside's most sought-after neighborhoods.
Top Cons:
Building Age: Built in 1969, the property may feature older infrastructure and design elements that could require updates or lead to higher maintenance costs over time.

Compared to the nearby listings

Price:$849.5K vs avg $1.30M ($-450,500)20%
Size:930 sqft vs avg 1,394 sqft18%
Price/sqft:$913 vs avg $99829%

More Insights

Built in 1969 (56 years old).
Condition: The property, built in 1969, shows signs of being well-maintained but features significantly outdated elements, particularly in the wet bar and bathroom. The gold-toned fixtures, green marble countertop in the wet bar, and the overall style of the bathroom (white tile, gold-framed shower, dated light fixture) suggest that any renovations were likely done 25-40 years ago. While clean and functional, these areas would require aesthetic updates to meet current standards. The flooring appears to be in good condition, but the overall aesthetic points to a home that is aged but maintained, requiring minor updates rather than substantial repairs.
Year Built
1969
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$913
HOA
$401
Days on market
-
Sold On
-
MLS number
25588397
Home ConditionFair
Features
Deck
View-

About this home

521 Montana Ave #305 is a bright and spacious top-floor condo located just blocks from Montana Avenue's premier dining, shopping, and entertainment. The beach, Ocean Avenue, and Palisades Park are just minutes away. This open and airy home features only one shared wall, ensuring added privacy, and offers a welcoming living area with a fireplace and large sliding glass doors that lead to a balcony - perfect for indoor-outdoor living. The dining area includes a built-in wet bar, ideal for entertaining, and flows into a fully equipped kitchen. The generous bedroom and bathroom provide ample comfort, featuring a walk-in closet, dual-sink vanity, tub, and separate shower. Residents enjoy resort-style amenities, including a community room, gym, sauna, and pool - all in one of the Westside's most sought-after neighborhoods, situated within the Roosevelt Elementary, Lincoln Middle, and Santa Monica High school district.

Price History

Date
Event
Price
11/19/93
Sold
$186,000
Condition Rating
Fair

The property, built in 1969, shows signs of being well-maintained but features significantly outdated elements, particularly in the wet bar and bathroom. The gold-toned fixtures, green marble countertop in the wet bar, and the overall style of the bathroom (white tile, gold-framed shower, dated light fixture) suggest that any renovations were likely done 25-40 years ago. While clean and functional, these areas would require aesthetic updates to meet current standards. The flooring appears to be in good condition, but the overall aesthetic points to a home that is aged but maintained, requiring minor updates rather than substantial repairs.
Pros & Cons

Pros

Prime Location: Located just blocks from Montana Avenue's premier dining, shopping, and entertainment, and minutes from the beach, Ocean Avenue, and Palisades Park, placing it in one of the Westside's most sought-after neighborhoods.
Resort-Style Amenities: Residents benefit from comprehensive resort-style amenities including a community room, gym, sauna, and pool, enhancing the lifestyle appeal.
Enhanced Privacy & Top Floor: As a top-floor condo with only one shared wall, the unit offers superior privacy and reduced noise compared to other units.
Desirable Interior Features: The home boasts a welcoming living area with a fireplace, a balcony for indoor-outdoor living, a dining area with a built-in wet bar, and a generous bedroom with a walk-in closet and a dual-sink vanity with separate tub and shower.
Excellent School District: Situated within the highly-rated Roosevelt Elementary, Lincoln Middle, and Santa Monica High school district, appealing to families and contributing to long-term value.

Cons

Building Age: Built in 1969, the property may feature older infrastructure and design elements that could require updates or lead to higher maintenance costs over time.
Lack of View: Despite being a top-floor unit in a desirable coastal area, the property explicitly states 'None' for its view, which might be a drawback for buyers expecting scenic vistas.
Monthly Association Fee: The $401.0 monthly association fee adds a significant recurring cost to homeownership, which could impact affordability for some buyers, especially for a 1-bedroom unit.

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