938 18th Street 5, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 3 bath

938 18th Street 5, Santa Monica, California 90403 home-pic-0
ACTIVE$1,049,000$1,289/sqft
938 18th Street 5, Santa Monica, California 90403
2Beds
3Baths
1,289Sqft
7,985Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Franklin Elementary School (9/10).
Top Cons:
High Monthly HOA Fees: The association fee of $662.00 per month is substantial and represents a significant ongoing cost for potential buyers.

Compared to the nearby listings

Price:$1.05M vs avg $1.32M ($-268,500)27%
Size:1,289 sqft vs avg 1,390 sqft37%
Price/sqft:$814 vs avg $97713%

More Insights

Built in 1981 (45 years old).
Condition: Built in 1981, this townhouse has been updated to be move-in ready. The kitchen features stainless steel appliances and granite countertops, which are in good condition, though the cabinet style and granite may not be the absolute latest trend. Bathrooms are clean and functional, with one showing more recent updates (subway tile) than the other (glass block, older tile style). Hardwood floors on the main level are a strong positive. While not a brand-new renovation, the property is well-maintained with functional systems and no immediate repairs required, aligning with a 'Good' condition score.
Year Built
1981
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$814
HOA
$662
Days on market
-
Sold On
-
MLS number
26635089
Home ConditionGood
Features
Patio
View-

About this home

In a prime Santa Monica setting, this updated two-bedroom, two-and-a-half-bath townhouse spans two levels of thoughtfully designed living. Hardwood floors ground the expansive main level, where soaring ceilings create volume and light in a generous living area anchored by a sleek central fireplace. The adjoining kitchen is finished with granite counters and a full suite of stainless-steel appliances, including a refrigerator, range, dishwasher, and microwave. A bar-top counter and casual breakfast nook extend seamlessly to a petite outdoor patio, offering a natural flow for both daily routines and relaxed gatherings. A full-sized washer and dryer add convenience on the main floor. Upstairs, both bedrooms feature walk-in closets and window shutters, while the spacious primary retreat impresses with vaulted ceilings and an oversized en-suite bath complete with a walk-in shower. Two parking spaces accompany the residence, enhancing everyday ease. Just moments from the beach, Downtown Santa Monica, Douglas Park, Lincoln Middle School, and a variety of neighborhood amenities, this townhouse offers a balanced blend of comfort, function, and location.

M
Michael Wagner
Listing Agent

Nearby schools

9/10
Franklin Elementary School
Public,PK-50.5mi
8/10
Roosevelt Elementary School
Public,K-50.8mi
8/10
Lincoln Middle School
Public,6-80.3mi
8/10
Santa Monica High School
Public,9-121.5mi

Price History

Date
Event
Price
09/03/15
Sold
$815,000
04/27/12
Sold
$670,000
Condition Rating
Good

Built in 1981, this townhouse has been updated to be move-in ready. The kitchen features stainless steel appliances and granite countertops, which are in good condition, though the cabinet style and granite may not be the absolute latest trend. Bathrooms are clean and functional, with one showing more recent updates (subway tile) than the other (glass block, older tile style). Hardwood floors on the main level are a strong positive. While not a brand-new renovation, the property is well-maintained with functional systems and no immediate repairs required, aligning with a 'Good' condition score.
Pros & Cons

Pros

Great Schools: Elementary School: Franklin Elementary School (9/10).
Prime Santa Monica Location: The townhouse is ideally situated moments from the beach, Downtown Santa Monica, Douglas Park, and highly-rated schools, offering unparalleled convenience and lifestyle.
Updated Interior & Modern Kitchen: Features include hardwood floors, a sleek central fireplace, a kitchen with granite counters and a full suite of stainless-steel appliances, providing a contemporary and move-in ready living space.
Spacious Layout with High Ceilings: The two-level design boasts soaring ceilings on the main level and vaulted ceilings in the primary retreat, creating an open, airy, and luxurious feel.
Dedicated Parking: The inclusion of two parking spaces is a significant advantage in Santa Monica, enhancing everyday ease and adding considerable value.
Access to Top-Rated Schools: Proximity to highly-rated schools like Lincoln Middle School (8/10) and Franklin Elementary School (9/10) makes this an attractive option for families.

Cons

High Monthly HOA Fees: The association fee of $662.00 per month is substantial and represents a significant ongoing cost for potential buyers.
Building Age: Constructed in 1981, the building's age, while updated, may imply potential for older infrastructure within the complex that could lead to future assessments or maintenance considerations.
Limited Private Outdoor Space: The description mentions a 'petite outdoor patio,' suggesting that private outdoor living space is minimal, which may not appeal to all buyers.
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