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402 11th Street, Santa Monica, CA 90402

$7.50M5bd · 6ba · 4,945 sqft
Lot 7,512 sqft•Single Family Residence•
Active
•81d on market•MLS# 00-26871437

Property Description

This light and bright extraordinary two-story Spanish home on a lush prime corner lot in beautiful Santa Monica offers 5 bedrooms, 6 baths with garage entry off of Carlyle Avenue! Upon entering the foyer, you are welcomed by a step-down formal living room with high ceilings and a grand fireplace, followed by a spacious formal dining room with room for a 12-14 seat dining table with French doors leading out to a patio. A gourmet kitchen with a center island and stainless-steel appliances leads to a light-filled family room with a separate bar area, great for entertaining. The powder room displays exquisite mosaic tile work. On the main floor is a bedroom suite that is currently used as an office with a hidden Murphy bed and ensuite bathroom. Also, there is an ensuite bedroom off of the kitchen that is perfect for guests or a live-in housekeeper. Upstairs, the primary suite offers a beautiful fireplace, balcony, walk-in closet, and spa-like bathroom with a separate tub & shower, and a door to the romantic sundeck with a fire pit overlooking the serene backyard. There are 2 additional oversized bedrooms, all of which are incredibly spacious with en-suite bathrooms. The private backyard features a beautiful swimming pool and spa with an area for al fresco dining. This exquisite home offers a 400+ square foot bonus room perfect for a gym or office above the 2-car garage. In close proximity to the beach, Santa Monica bike path, and mere blocks from all of the restaurants, cafes, and shops Montana has to offer.

Features & Amenities

FeeBuilt 1988

Property Details

Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
Flooring
Tile, Wood
City
Santa Monica
Zip Code
90402
County
Los Angeles
Listed byColdwell Banker Realty, Drew Gitlin

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$37,898.80
Principal & Interest
Loan Amount
$5,996,000
Total Interest
$7,647,568
Total Payment Over 30 Years
$13,643,568
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

Luxury Tier · 5 active · 5 closed

402 11th Street, Santa Monica, CA 90402

Santa Monica · Single Family Residence

$7.50M
Luxury Tier
Beds
5
Baths
6
Sqft
4,945
Lot
7,512 sqft
Year
1988
$/Sqft
$1516
Pool: Yes✓
Spa: Yes✓
Garage: 2-car✓

Listed 6.3% below the median closed sale of $7,995,000. Price per sqft ($1,516) is a 11% discount to closed comps ($1,703). Closed comps sold at 92% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 133 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $7.50M· $1,516/sqft
Total list price
Closed comps
vs closed median $8.00M
−$500K (−6.3%)
Active comps
vs active median $7.00M
+$500K (+7.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,865
−$349 (−18.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
714 Euclid StreetSanta Monica2017564,7007,523$1,541$7.25M5380
363 22nd StreetSanta Monica1946563,7237,565$1,786$6.65M3374
103 Winnett PlaceSanta Monica2009553,8019,104$1,893$7.20M4473
527 7th StreetSanta Monica2015443,1367,498$2,231$7.00M10473
538 14th StreetSanta Monica1924643,6917,499$1,876$6.92M1773
Total: 5 · Average5.05.03,810.27,837.8$1,865.4$7.00M50.2
Median3,723$7.00M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
541 11th StreetSanta Monica201505/05/2026564,3147,512$7.95M$7.55M$1,7500.955582
523 9th StreetSanta Monica198808/03/2026554,6647,501$8.00M$8.00M$1,7151.006782
428 10th StreetSanta Monica202608/07/20267707,500$8.99M$8.00M$00.8939382
451 16th StreetSanta Monica192406/08/2026343,2607,498$6.95M$6.42M$1,9690.924774
424 Marguerita AvenueSanta Monica199008/26/2026455,79611,377$9.50M$8.00M$1,3790.8410267
Total: 5 · Average4.85.44,508.58,277.6$7.59M$7.59M$1,703.25—132.8
Median4,664$8.00M$8.00M

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.