1021 5th Street 206
Santa Monica, CA, 90403
$749,500
MLS: 226004341
Beds
1
Baths
1
Sq Ft
728
Lot
0.34 ac
Year Built
1971
MLS #
226004341
Days on Market
45
Listed
Sep 11, 2026
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 cafes, 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.
Location
Santa Monica, Los Angeles County, CA 90403
Open on Google Maps ↗Listed by: Jonathon Trent · Compass
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,493
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $74,950 · Loan: $674,550
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,634
- Property tax (1.25%)
- $781
- Homeowners insurance
- $300
- Mortgage insurance
- $281
- HOA dues
- $498
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $26,233 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Santa Monica, CA 90403 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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