826 2nd Street 101, Santa Monica, California 90403, Santa Monica, 90403 - 4 bed, 3 bath
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826 2nd Street 101
Santa Monica, California 90403
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,566Sq Ft
15,012Lot Size
Property Price
LIST PRICE$1,595,000
EST. MARKET VALUE
$1,517,235
5% AboveMARKET VALUE
SUMMARY
This 4-bedroom condominium represents a High-Potential Investment Opportunity, listed at $1,595,000—positioned above the $1,517,235 Fair Market Value. While the property requires modernization due to its Condition Rating of 4, it offers a rare, expansive layout with two private patios and three gated parking spaces just one block from Santa Monica Beach. Located near top-tier schools like Franklin Elementary, this asset provides significant long-term value for Buy-and-Hold Investors or Owner-Occupants looking to renovate a spacious unit in a premier coastal neighborhood.
Estimated Market Value
$1,517,235
Based on Realkey algorithm analyzing recent comparable sales in Santa Monica.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 826 2nd Street 101 Subject | $1,595,000* List Price | 4 | 3 | 1,566 | $969 | - |
A 928 7th Street 3 Sold | $1,380,000 | 3 | 3 | 1,590 | $868 | 0.4 mi |
B 808 Washington Avenue Sold | $1,660,000 | 2 | 3 | 1,568 | $1,059 | 0.5 mi |
C 832 15th Street 4 Sold | $1,784,000 | 2 | 3 | 1,683 | $1,060 | 1.0 mi |
D 1207 California Avenue Sold | $1,580,000 | 3 | 3 | 1,740 | $908 | 0.9 mi |
E 915 12th Street 2 Sold | $1,760,000 | 2 | 3 | 1,641 | $1,073 | 0.8 mi |
F 1133 9th Street 102 Sold | $1,513,000 | 2 | 2 | 1,410 | $1,073 | 0.7 mi |
G 1133 9th Street 301 Active | $1,450,000 List Price | 3 | 2 | 1,603 | $905 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1976 and shows significant signs of age without recent major renovations. The kitchen features dated white appliances and cabinetry, and the living spaces are finished with older wall-to-wall carpeting and vertical blinds. While functional and clean, the interior systems and finishes are well beyond the 20-year mark and require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Prime Coastal Location
Situated just one block from Santa Monica Beach and steps from the upscale Montana Avenue boutiques and dining, offering an unparalleled lifestyle in a highly coveted neighborhood.
- Rare 4-Bedroom Configuration
Finding a four-bedroom condominium in this area is exceptional, providing ample square footage for families and including the rare convenience of three gated parking spaces.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1976, the property may require significant cosmetic or structural modernization to meet the contemporary luxury standards expected at this price point in Santa Monica.
- Lack of Scenic Views
Despite its immediate proximity to the ocean, the property offers no views, which may be a drawback for buyers seeking the typical aesthetic appeal of a beachside residence.
About 826 2nd Street 101
Huge home with 4 bedrooms and 3 full bathrooms! Space includes 2 large private patios (front and side of the unit). Great Santa Monica location on 2nd and Montana Avenue, perfect for a family. Only 1 block from the amazing Santa Monica Beach! 3 parking spaces in the gated parking area. This home offers comfort as well as access to the much desired Montana neighborhood restaurants and shops!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1976
- Lot Size
- 15,012 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $660.0 / Month
Neighborhood Insights
Santa Monica Unified Schools
Roosevelt Elementary School
Grades K-5 • 0.5 mi
8/10
Franklin Elementary School
Grades PK-5 • 1.7 mi
9/10
Lincoln Middle School
Grades 6-8 • 1.1 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,566 | 1,332.636 |
| Lot Size | 15,012 | 8,171.182 |
| Price | $1.59M | $1.30M |
| Price per sq ft | $1.0K | $979 |
| Built year | 1976 | 1976 |
| HOA | $660.0 | $553 |
| Days on market | 9 | 57 |
Pricing History
Listed for Sale
Aug 31, 2026
$1,595,000
Initial Listing
Sold
Jan 25, 2002
$2,000,000
Public Record