1040 4th 203
Santa Monica, CA, 90403
$1,680,000
MLS: TR26167881
Beds
2
Baths
3
Sq Ft
1,743
Lot
0.69 ac
Year Built
1990
MLS #
TR26167881
Days on Market
14
Listed
Aug 1, 2026
Description
Rare opportunity to own this corner residence, offered for the first time since the prestigious Dorchester House was built. Ideally located in one of Santa Monica's most desirable neighborhoods, just moments from Montana Avenue, the 3rd Street Promenade, Ocean Avenue, and the beach. This refreshed 2BR/2.5BA home offers approximately 1,743 sq. ft. of bright living space with new carpet, fireplace, and three French doors opening to two private balconies overlooking a tree-lined street. The kitchen features custom countertops, designer tile, modern appliances, abundant storage, and a breakfast nook. Spacious primary suite with two walk-in closets plus an additional closet, double vanities, jacuzzi tub, and separate shower. Additional highlights include central HVAC, in-unit laundry, three side-by-side parking spaces, and private on-site storage. The community amenities include an indoor pool, spa, sauna, fitness center, and elegant lobby.
Location
Santa Monica, Los Angeles County, CA 90403
Open on Google Maps ↗Listed by: Calvin Lin · Diamond Trust Realty
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
$13,820
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $168,000 · Loan: $1,512,000
Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,727
- Property tax (1.25%)
- $1,750
- Homeowners insurance
- $300
- Mortgage insurance
- $630
- HOA dues
- $1,413
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 Aug 13, 2026
- 30-year fixed
- 6.67%
- 15-year fixed
- 5.96%
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 $58,800 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.
$1,599,000
1013 16th Street 101
Santa Monica, 90403
$1,675,000
1128 15TH Street 6
Santa Monica, 90403
$1,695,000
915 12th Street 2
Santa Monica, 90403
$1,695,000
930 California Avenue 301
Santa Monica, 90403
$1,795,000
914 2nd Street A
Santa Monica, 90403
$1,799,000
913 Euclid Street 5
Santa Monica, 90403
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.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.