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1021 5th Street, 206, Santa Monica, CA 90403

$750K1bd · 1ba · 728 sqft
Lot 15,015 sqft•HOA $498/mo•Condominium•
Active
•52d on market•MLS# 226004341

Property Description

Here, the luxury is proximity. Just below Montana Avenue and only a few blocks from the beach, this is Santa Monica living at its best. Walk or jump on your cruiser and head to the sand and waves, Palisades Park, Downtown Santa Monica, or any of the fabulous cafés, restaurants, bistros, wine bars and shops that make this neighborhood so special. If you're looking for coastal living with a cool neighborhood vibe, this is the place. Step inside this beautifully remodeled one-bedroom home and you'll immediately notice the natural light pouring through the windows. The thoughtfully designed 728 square feet feels open, warm and incredibly comfortable, with a spacious living room anchored by a gas fireplace, recessed lighting and an easy flow into the dining area--perfect for relaxing at home or dinner with friends. The kitchen features custom cabinetry, slab granite countertops and plenty of workspace for anyone who loves to cook and entertain. The spacious primary bedroom offers abundant closet space and opens to a private balcony with rooftop and treetop views, creating a peaceful retreat right in the heart of Santa Monica. The upgraded bathroom features a custom vanity and updated shower/tub. Located in a secure building with assigned underground gated parking and additional storage, this home has everything you need for easy coastal living. Whether you're looking for a full-time residence, weekend beach retreat or a stylish alternative to renting, this home puts you close to everything that makes Santa Monica such an incredible place to call home.

Features & Amenities

FeeBuilt 1971

Property Details

Land Type
Fee
Year Built
1971
Property Type
Residential
Property Subtype
Condominium
Stories
1
Garage Spaces
1
Heating
Wall Furnace
Cooling
None
View
Mountain View
Flooring
Wood/Wood Like
City
Santa Monica
Zip Code
90403
County
Los Angeles
Listed byCompass, Jonathon Trent·310-924-5106·jon@trenthomes.com

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,789.88
Principal & Interest
Loan Amount
$599,600
Total Interest
$764,757
Total Payment Over 30 Years
$1,364,357
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1021 5th Street, 206, Santa Monica, CA 90403

Santa Monica · Condominium

$750K
Affordable Tier
Beds
1
Baths
1
Sqft
728
Lot
15,015 sqft
Year
1971
$/Sqft
$1030
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 1-car✓

Listed in line with the median closed sale of $750,000. Price per sqft ($1,030) is a 21% premium to closed comps ($853). Closed comps sold at 95% of list — buyers have negotiating leverage.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $750K· $1,030/sqft
Total list price
Closed comps
vs closed median $750K
−$500 (−0.1%)
Active comps
vs active median $699K
+$51K (+7.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $928
+$102 (+11.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
914 Lincoln BoulevardSanta Monica19741172415,000$924$669,0005392
630 Idaho AvenueSanta Monica19731187414,997$800$699,0007688
944 11th StreetSanta Monica1968117507,481$1,000$750,00010687
937 5th StreetSanta Monica1960116317,511$1,030$650,0003886
1024 5th StreetSanta Monica1969229457,513$884$835,0007579
Total: 5 · Average1.21.2784.810,500.4$927.6$720,60069.6
Median750$699,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
914 Lincoln BoulevardSanta Monica197411/12/20251172415,000$725,000$693,000$9570.968887
521 Montana AvenueSanta Monica196909/02/20261193029,999$849,000$822,000$8840.975581
901 10th StreetSanta Monica197010/23/2026111,02322,524$775,000$735,000$7180.9513481
521 Montana AvenueSanta Monica196906/26/20261193030,007$750,000$750,000$8061.005079
1024 5th StreetSanta Monica196907/31/2026229457,513$992,500$852,600$9020.869679
Total: 5 · Average1.21.2910.421,008.6$770,520$770,520$853.4—84.6
Median930$750,000$750,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.