ActiveCondominium

1024 5th Street 3

Santa Monica, CA, 90403

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$1,160,000

Original list price: $1,125,000

MLS: 26804477

Beds

2

Baths

2

Sq Ft

945

Lot

0.17 ac

Year Built

1969

MLS #

26804477

Days on Market

11

Listed

Apr 25, 2026

Description

This 2 bed/2bath upgraded condo offers the luxury of living just blocks off the Santa Monica Promenade and Beach. For top shopping retailers, restaurants, nightlife look no further because this stylish condo with just under 1,000 square feet of living space is about to check off all of your wishlist boxes. Two covered parking spaces and a lovely private environment are also part of this condo's allure. An cozy patio where you can add a grill and table for a bite or coffee corner, start a potted garden or roll out a yoga mat. The condo is bright and elegant with open floorplan with kitchen and dining area to your right and your family room to the left. The gorgeous hardwood floors, recessed lighting, and tile blend with upgraded kitchen all part of this lovely home. Each of the bedrooms boasts more windows, large closets, and enough space to fit a king bed if you choose. If where you live determines how you live, you can't afford to pass by this California condo in the heart of the best culture California can deliver. This is how Santa Monica was meant to be enjoyed.

Location

Santa Monica, Los Angeles County, CA 90403

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Listed by: Tiffany Gatto · Smart LA Realty

Payment estimate

$8,549

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $116,000 · Loan: $1,044,000

%
Principal & Interest
$6,606
Property tax (1.25%)
$1,208
Homeowners insurance
$300
Mortgage insurance
$435
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

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 $40,600 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

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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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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.