815 10th Street B, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 2 bath
Loading property details...
Santa Monica, California 90403
This Classic Spanish-Style Condo is a Strong Value Opportunity, listed at $989,000—positioned well below the $1,040,000 Fair Market Value by 5%. This valuation gap provides $51,000 in Instant Equity for buyers based on recent appraisal data. The home maintains a Condition Rating of 3, featuring Original Hardwood Floors and Mountain Views. Situated steps from Montana Avenue near Franklin Elementary School (9/10), it perfectly balances historic charm with elite lifestyle perks. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 815 10th Street B Subject | $849,000* List Price | 2 | 2 | 1,119 | $804 | - |
A 817 10th Street 104 Sold | $1,075,000 | 2 | 2 | 1,394 | $771 | 0.0 mi |
B 837 Lincoln Boulevard 6 Sold | $1,024,000 | 3 | 2 | 1,141 | $897 | 0.2 mi |
C 820 California Avenue 201 Sold | $1,025,000 | 2 | 2 | 1,131 | $906 | 0.4 mi |
D 1925 Montana Avenue 3 Sold | $890,000 | 2 | 2 | 1,152 | $773 | 0.7 mi |
E 908 6th Street 5 Sold | $880,000 | 3 | 2 | 1,099 | $801 | 0.4 mi |
F 844 7th Street 1 Sold | $820,000 | 2 | 2 | 918 | $893 | 0.3 mi |
G 923 17th St 4 Active | $1,025,000 List Price | 2 | 2 | 1,064 | $963 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1928 Spanish-style condo is move-in ready and well-maintained, successfully blending original architectural character with modern updates. The interior features polished original hardwood floors, an updated kitchen with stainless steel appliances and stone countertops, and an in-unit washer/dryer. While the building infrastructure is vintage, the unit itself shows minimal wear and tear and does not require immediate renovation, meeting the criteria for a well-maintained, functional home.
Elementary School: Franklin Elementary School (9/10).
Situated just steps from Montana Avenue, the property offers unparalleled walkability to high-end dining, boutique shopping, and top-rated Santa Monica schools.
Listed at $989,000 with a recent appraisal of $1,040,000, this property provides a rare opportunity for buyers to secure significant built-in equity at closing.
Given the 1928 construction, the property may require ongoing maintenance or upgrades to aging systems like plumbing and electrical compared to newer builds.
The 1.5-bathroom layout for a two-bedroom unit may be a limitation for families or co-living situations that typically prefer two full bathrooms.
Welcome home to Santa Monica, about five steps away from the corner of Montana Ave and 10th St! This light filled classic second story condo was JUST appraised at $1,040,000. Recent rental history at $5400 per month. Enjoy elevated treetop and street views from the light-filled west facing windows and distant mountain vistas from the kitchen window! This home connects with the serenity of a quiet neighborhood, while also providing the robust energy of Montana Ave. right at your doorstep. Two bedrooms/1.5 bath, in-unit washer and dryer, walk-in closet, original hardwood floors throughout, and the classic look of Spanish influence with 1920's design concepts. This home is a short walk to its Santa Monica district schools and is a ten minute walk to Ocean Ave. Bike or walk around town, enjoy top rated schools, and spill into the center of Montana Ave. fun and community with this classic!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades PK-5 • 1.1 mi
Grades 6-8 • 0.5 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 | 1,119 | 1,394 | 31% |
| Lot Size | 7,502 | 7,756.5 | 24% |
| Price | $849.0K | $1.40M | 19% |
| Price per sq ft | $759 | $994 | 7% |
| Built year | 1928 | 1974 | 3% |
| HOA | $300.0 | $648 | 5% |
| Days on market | 42 | 172 | 2% |
Apr 3, 2026
$849,000
$989,000
-14% Price Drop
Initial Listing
Mar 11, 2026
$989,000
Initial Listing
Nov 27, 2002
$447,000
Public Record
Nov 9, 2001
$407,000
Public Record