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631 Bay Street, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 2 bath

631 Bay Street, Santa Monica, California 90405 home-pic-0
ACTIVE$920,000$820/sqft
631 Bay Street, Santa Monica, California 90405
2Beds
2Baths
820Sqft
20,367Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Situated in Santa Monica's desirable Ocean Park neighborhood, offering excellent proximity to the beach, Main Street shops/restaurants, downtown Santa Monica, freeway access, and the Metro Expo line.
Top Cons:
Compact Square Footage: At 820 square feet for a 2-bedroom, 2-bathroom unit, the living space is relatively small, which may limit appeal for buyers seeking more expansive accommodations.

Compared to the nearby listings

Price:$920.0K vs avg $1.14M ($-217,500)33%
Size:820 sqft vs avg 1,183 sqft26%
Price/sqft:$1.1K vs avg $1.0K64%

More Insights

Built in 1963 (63 years old).
Condition: This condo is move-in ready with significant recent updates. The kitchen has been recently remodeled with modern quartz countertops, a tile backsplash, new sink, faucet, cabinets, dishwasher, and cooktop, along with canned lighting, giving it an excellent, contemporary feel. Real hardwood floors have been installed throughout, and the electrical panel has been upgraded, indicating substantial recent investment. While the property was built in 1963, these updates bring it well into current quality standards. The bathrooms, though clean and functional, feature an older tile style (small white square tiles with accent colors) that suggests a renovation from 15-30 years ago rather than a brand-new one. However, they are well-maintained and do not require immediate renovation. The overall condition is strong, making it a 'Good' rating, as it's extensively updated in key areas but not a full, top-to-bottom renovation within the last 5 years, particularly in the bathrooms.
Year Built
1963
Close
-
List price
$920K
Original List price
$920K
Price/Sqft
$1,122
HOA
$700
Days on market
-
Sold On
-
MLS number
26637491
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

Experience indoor/outdoor living in Santa Monica's Ocean Park neighborhood at this tastefully designed, single level two bedroom condo. From the serene patio, where you can enjoy the benign Mediterranean climate year round, French doors lead to an open floor plan featuring an inviting, light-filled living room and a recently updated kitchen. To the rear you will find two bedrooms and two bathrooms along with in unit laundry. A second set of doors in one of the bedrooms lead you to the parking area and the association amenities of a heated pool, spa, paddle tennis court and an expansive mezzanine deck with community barbecue grills for entertaining or relaxing with a good read in the sun. The current owners installed real hardwood floors and an upgraded electrical panel and they remodeled the kitchen with quartz countertops; a tile backsplash; new sink, faucet and cabinet; canned lights; and a new dishwasher and cooktop. Other improvements were new windows in one of the bedrooms and one of the bathrooms. Easy parking for two cars via gated access is provided in one covered space with a storage locker and an assigned space just to the rear of the unit. Hot water is supplied by a solar-assisted heater on the roof of the complex. HOA dues provide high-speed internet and deluxe cable TV. Conveniently located near freeway access and the Metro Expo line, this condo is close to the shops and restaurants on Main Street, downtown Santa Monica and, of course, the beach and its many recreational options.Don't miss the opportunity to call this remarkable coastal sanctuary your home.

T
Ted Winterer
Listing Agent

Price History

Date
Event
Price
09/16/94
Sold
$140,000
05/08/17
Sold
$825,000
11/17/04
Sold
$497,000
Condition Rating
Good
This condo is move-in ready with significant recent updates. The kitchen has been recently remodeled with modern quartz countertops, a tile backsplash, new sink, faucet, cabinets, dishwasher, and cooktop, along with canned lighting, giving it an excellent, contemporary feel. Real hardwood floors have been installed throughout, and the electrical panel has been upgraded, indicating substantial recent investment. While the property was built in 1963, these updates bring it well into current quality standards. The bathrooms, though clean and functional, feature an older tile style (small white square tiles with accent colors) that suggests a renovation from 15-30 years ago rather than a brand-new one. However, they are well-maintained and do not require immediate renovation. The overall condition is strong, making it a 'Good' rating, as it's extensively updated in key areas but not a full, top-to-bottom renovation within the last 5 years, particularly in the bathrooms.
Pros & Cons

Pros

Prime Coastal Location: Situated in Santa Monica's desirable Ocean Park neighborhood, offering excellent proximity to the beach, Main Street shops/restaurants, downtown Santa Monica, freeway access, and the Metro Expo line.
Extensive Recent Updates: The condo features a recently remodeled kitchen with quartz countertops and new appliances, new hardwood floors, an upgraded electrical panel, and new windows in select areas, reducing immediate buyer expenses.
Desirable Association Amenities: Residents benefit from a heated pool, spa, paddle tennis court, and an expansive mezzanine deck with community barbecue grills, enhancing lifestyle and recreational options.
Convenient Parking & Storage: The property includes easy gated access to two dedicated parking spaces (one covered with storage locker, one assigned), a significant advantage in Santa Monica.
Inclusive HOA & Eco-Friendly Features: HOA dues cover high-speed internet and deluxe cable TV, while a solar-assisted water heater contributes to energy efficiency and potential cost savings.

Cons

Compact Square Footage: At 820 square feet for a 2-bedroom, 2-bathroom unit, the living space is relatively small, which may limit appeal for buyers seeking more expansive accommodations.
High Monthly HOA Dues: The $700 monthly association fee is substantial, which could be a significant ongoing cost for potential buyers, even with included amenities and services.
Lack of a View: The property explicitly states 'None' for views, which can be a drawback in a coastal Santa Monica location where ocean or city views often command a premium.
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