940 7th Street 8, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 2 bath
Loading property details...
Santa Monica, California 90403
This Turnkey Condominium represents a Strong Value Opportunity, listed at $950,000—positioned well above the $847,226 Fair Market Value by -12%. While priced at a premium, the property features a Condition Rating of 3, boasting a modernized kitchen and in-unit laundry. Located in the prestigious Santa Monica-Malibu Unified School District, it offers proximity to Franklin Elementary (9/10) and Lincoln Middle School. This residence is an ideal lifestyle choice for Professional Couples or Owner-Occupants seeking a vibrant, move-in ready coastal home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 940 7th Street 8 Subject | $950,000* List Price | 2 | 2 | 906 | $926 | - |
A 1021 5th Street 107 Sold | $915,000 | 2 | 2 | 1,031 | $887 | 0.2 mi |
B 852 15th Street 6 Sold | $985,000 | 2 | 2 | 872 | $1,130 | 0.6 mi |
C 521 Montana Avenue 103 Sold | $750,000 | 1 | 1 | 930 | $806 | 0.2 mi |
D 425 Idaho Avenue 10 Sold | $885,000 | 2 | 2 | 1,004 | $881 | 0.2 mi |
E 1130 9th Street 1 Sold | $873,000 | 2 | 2 | 1,166 | $749 | 0.3 mi |
F 521 Montana Avenue 305 Sold | $801,000 | 1 | 1 | 930 | $861 | 0.2 mi |
G 815 10th Street B Sold | $825,000 | 2 | 2 | 1,119 | $737 | 0.3 mi |
H 125 Montana Avenue 404 Sold | $885,000 | 1 | 1 | 972 | $910 | 0.4 mi |
I 1024 5th Street 3 Active | $992,500 List Price | 2 | 2 | 945 | $1,050 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1969, the unit has undergone significant renovations within the last 5-15 years. The kitchen features updated white cabinetry and stainless steel appliances, and the bathrooms have been modernized with newer vanities and tiling. The interior is well-maintained with contemporary flooring and is move-in ready.
Elementary School: Franklin Elementary School (9/10).
Situated in the highly coveted 90403 zip code, this property offers exceptional walkability to Montana Avenue's upscale boutiques and dining, as well as proximity to Santa Monica Beach.
The residence is located within the prestigious Santa Monica-Malibu Unified School District, specifically zoned for high-ranking schools like Roosevelt Elementary and Lincoln Middle School.
Despite its coastal proximity, the property lacks any significant views, which may be a disadvantage for buyers seeking the ocean or city vistas common in the area.
Built in 1969, the building may lack the contemporary architectural style and extensive communal amenities found in newer luxury condominium developments in Santa Monica.
Welcome to coastal living at its finest in the heart of Santa Monica! This beautifully maintained 2-bedroom, 2-bath condominium is ideally located just minutes from the world-famous Santa Monica Beach and Montana Avenue. Nestled on desirable 7th Street, this residence offers the perfect balance of coastal charm and modern convenience. Filled with abundant natural light, this inviting residence features an open, airy floor plan designed for comfortable everyday living. The updated kitchen features stainless steel appliances, creating a modern and functional space for cooking and entertaining. Enjoy the convenience of an in-unit washer and dryer, spacious bedrooms, a balcony, and thoughtfully designed living spaces that make working from home and everyday living effortless. The spacious living area is highlighted by an elegant electric fireplace, providing warmth and ambiance year-round. Whether you're starting your morning with a walk along the beach, biking the Strand, or enjoying Santa Monica's renowned restaurants, coffee shops, boutiques, and nightlife, this location places everything you love just moments away. Perfect for professionals, investors, families looking for a home in the Santa Monica-Malibu Unified School District, or anyone seeking a vibrant coastal lifestyle, this exceptional condo offers the best of beachside living in one of Southern California's most sought-after communities.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades PK-5 • 1.3 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 906 | 1,346 |
| Lot Size | 7,503 | 7,869 |
| Price | $950.0K | $1.33M |
| Price per sq ft | $1.0K | $977 |
| Built year | 1969 | 1978 |
| HOA | $300.0 | $500 |
| Days on market | 43 | 57 |
Jun 9, 2026
$950,000
Initial Listing
Dec 31, 2009
$659,000
Public Record
Jan 23, 2008
$525,000
Public Record