827 Bay Street 5, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 2 bath
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Santa Monica, California 90405
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $949,000—positioned slightly above the $934,104 Fair Market Value. While priced at market, the property offers exceptional stability in the coveted Sunset Park neighborhood. Featuring a modern renovation with cobalt cabinetry and quartz countertops, the home maintains an Excellent Condition Rating. Its top-floor corner positioning provides rare treetop views and natural light, making it a premier choice for Owner-Occupants or first-time buyers seeking a sophisticated, move-in-ready coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 827 Bay Street 5 Subject | $949,000* List Price | 2 | 2 | 960 | $973 | - |
A 2921 10th Street 3 Sold | $799,000 | 2 | 2 | 857 | $932 | 0.7 mi |
B 441 Raymond Avenue 5 Sold | $900,000 | 2 | 2 | 1,009 | $892 | 0.7 mi |
C 2940 Neilson Way 302 Sold | $800,000 | 1 | 2 | 1,081 | $740 | 1.0 mi |
D 717 Copeland Court 4 Sold | $810,000 | 2 | 2 | 1,017 | $796 | 0.5 mi |
E 420 Marine Street 3 Sold | $1,010,000 | 2 | 1 | 916 | $1,103 | 0.9 mi |
F 2510 4th Street A Sold | $866,000 | 2 | 1 | 899 | $963 | 0.6 mi |
G 2817 3rd Street 4 Sold | $1,025,000 | 2 | 2 | 1,060 | $967 | 0.8 mi |
H 2641 4th Street 6 Sold | $738,000 | 1 | 1 | 762 | $969 | 0.6 mi |
I 2002 4th Street 211 Active | $959,000 List Price | 2 | 2 | 961 | $998 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building dates to 1958, the unit has undergone a comprehensive modern renovation within the last 5 years. The kitchen features contemporary cobalt cabinetry, quartz countertops, and stainless steel appliances. With updated flooring, recessed lighting, and modern bathroom finishes, the property is in mint, move-in-ready condition.
Situated in the heart of Sunset Park, this property offers exceptional walkability to Main Street, the beach, and the Santa Monica Farmers Market, providing a quintessential Westside lifestyle.
As a top-floor corner residence, the home enjoys enhanced privacy, superior natural light from expansive windows, and serene treetop views that are rare in denser condominium settings.
The association fee of approximately $309 is remarkably low for the Santa Monica area, offering significant value and lower monthly overhead for the homeowner.
With only 960 square feet for a two-bedroom, two-bathroom layout, the interior living space may feel constrained for buyers accustomed to more expansive modern floor plans.
Built in 1958, the boutique nine-unit complex lacks the extensive amenities, such as a gym or pool, and the modern infrastructure found in newer luxury developments.
Welcome to The Baymar, a boutique nine-unit condominium community perfectly positioned in the heart of Santa Monica's coveted Sunset Park neighborhood. This light-filled top-floor corner residence offers an exceptional blend of comfort, style, and effortless coastal living. Freshly painted and thoughtfully maintained, the home welcomes you with an open-concept living and dining area where expansive windows fill the space with natural light and peaceful treetop views. The inviting kitchen features rich cobalt blue cabinetry, quartz countertops, ample storage, generous workspace and a seamless connection to the main living areas - bringing both character and function to the heart of the home. The spacious primary bedroom provides generous closet space and a tranquil retreat, while the versatile second bedroom is well suited for guests, a home office, or additional living needs. An in-unit washer and dryer, along with a parking space in the shared garage, add to the home's everyday convenience. Ideally located just moments from Main Street, Ocean Park, Downtown Santa Monica, the beach, and the renowned Santa Monica Farmers Market, this residence offers easy access to acclaimed restaurants, boutiques, parks and the very best of the Westside. Whether you're seeking a full-time residence or the perfect coastal retreat, this move-in-ready home offers the quintessential Santa Monica lifestyle just moments from the coast.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 960 | 1,346 |
| Lot Size | 10,510 | 7,869 |
| Price | $949.0K | $1.33M |
| Price per sq ft | $989 | $977 |
| Built year | 1958 | 1978 |
| HOA | $308.77 | $500 |
| Days on market | 14 | 57 |
Jul 8, 2026
$949,000
Initial Listing
Sep 28, 2016
$717,000
Public Record
Mar 15, 2001
$175,000
Public Record