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938 5th Street, 5, Santa Monica, CA 90403

$1.82M3bd · 3ba · 1,656 sqft
Lot 7,527 sqft•HOA $475/mo•Condominium•
Active
•18d on market•MLS# 00-26102544

Property Description

Light-filled and spacious, this three-bedroom, three-bath contemporary townhome offers privacy and an inviting sense of home! Set on quiet, palm-tree-lined 5th Street, one of Santa Monica's best blocks, the property is ideally located just one block from Montana Avenue and five blocks from the ocean, near the 3rd Street Promenade and local restaurants and shops. The fully remodeled kitchen, with an adjacent dining area, showcases a beautiful PentalQuartz island, Grohe faucets, a 30-inch Miele range, Miele dishwasher, Samsung Showcase side-by-side refrigerator, and Zephyr kitchen hood. A first-floor bedroom, which could also serve as a den or family room, opens through sliding glass doors to a secluded patio, extending the living space outdoors. The second level features an oversized living room with a floor-to-ceiling tiled fireplace and vaulted ceilings rising to 16 feet, as well as a generously sized primary bedroom suite. The third floor offers an additional bedroom with an en-suite bath, palm tree views, and abundant natural light. A private two-car garage provides direct access, storage, and side-by-side laundry. Additional features include a Nest thermostat, newly refinished solid pine wood floors, and LED lighting throughout the unit. Zoned for Roosevelt Elementary School and with reasonable HOA dues, this is a wonderful opportunity to enjoy one of Santa Monica's most desirable locations.

Features & Amenities

FeeBuilt 1979

Property Details

Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
Water
Flooring
Wood
City
Santa Monica
Zip Code
90403
County
Los Angeles
Listed byRodeo Realty - Pacific Palisades, Elana Fullmer

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,228.19
Principal & Interest
Loan Amount
$1,460,000
Total Interest
$1,862,150
Total Payment Over 30 Years
$3,322,150
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

938 5th Street, 5, Santa Monica, CA 90403

Santa Monica · Condominium

$1.82M
Luxury Tier
Beds
3
Baths
3
Sqft
1,656
Lot
7,527 sqft
Year
1979
$/Sqft
$1102
Pool: Yes✓
Spa: No✓
View: water✓

Listed in line with the median closed sale of $1,784,000. Closed comps sold at 101% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.82M· $1,102/sqft
Total list price
Closed comps
vs closed median $1.78M
+$41K (+2.3%)
Active comps
vs active median $1.75M
+$76K (+4.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,121
−$19 (−1.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
914 2nd StreetSanta Monica1978231,7267,496$1,013$1.75M280
1044 5th StreetSanta Monica1989231,6027,525$1,027$1.65M3475
1133 5th StreetSanta Monica1985231,62015,000$1,231$2.00M7364
701 Ocean AvenueSanta Monica1993231,62441,952$1,198$1.95M3958
1018 4th StreetSanta Monica2000231,40615,003$1,138$1.60M15757
Total: 5 · Average2.03.01,595.617,395.2$1,121.4$1.79M61
Median1,620$1.75M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
913 Euclid StreetSanta Monica197808/24/2026331,6127,514$1.80M$1.80M$1,1171.003176
832 15th StreetSanta Monica198006/29/2026231,6837,529$1.79M$1.78M$1,0601.004675
1014 9th StreetSanta Monica198006/23/2026331,5947,502$1.63M$1.63M$1,0191.0013075
915 12th StreetSanta Monica200508/24/2026231,6417,501$1.70M$1.76M$1,0731.042874
904 5th StreetSanta Monica197906/02/2026431,8637,478$1.80M$1.80M$9661.004074
Total: 5 · Average2.83.01,678.67,504.8$1.75M$1.75M$1,047—55
Median1,641$1.78M$1.78M

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.