Under ContractCondominium

1024 5th

Santa Monica, CA, 90403

Property location map
View all 1 photos

$793,500

MLS: OC26127407

Beds

2

Baths

2

Sq Ft

953

Lot

0.17 ac

Year Built

1969

MLS #

OC26127407

Days on Market

0

Listed

Jun 11, 2026

Description

Opportunity awaits in this 2-bedroom, 2-bath condominium located in one of Santa Monica's most desirable neighborhoods. Offering approximately 953 square feet of living space, this home is ready for your personal updates and improvements. Just blocks from the beach, Third Street Promenade, restaurants, shopping, and entertainment, the location is hard to beat. A great opportunity for buyers looking to create value and customize a home in the heart of Santa Monica.

Location

Santa Monica, Los Angeles County, CA 90403

Open on Google Maps ↗

Listed by: George Tell · Coldwell Banker Realty

Payment estimate

$6,437

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $79,350 · Loan: $714,150

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$4,523
Property tax (1.25%)
$827
Homeowners insurance
$300
Mortgage insurance
$298
HOA dues
$490
Open the full calculator →

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 Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

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 $27,773 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.

Similar Homes Nearby

Active and pending listings in ZIP 90403 (Santa Monica)within ±10% of this home's price and size.

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

Only large teams outsell Mike Watson · Keller Williams Realty

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access
Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.