1041 2nd Street 5
Santa Monica, CA, 90403
$1,390,000
MLS: 26844185
Beds
3
Baths
2
Sq Ft
1,483
Lot
0.17 ac
Year Built
1981
MLS #
26844185
Days on Market
11
Listed
Jun 6, 2026
Description
New Co-Ownership Opportunity: Great location ,walking distance to 3rd Street Promenade ,downtown Santa Monica shops and restaurants ,Ocean Ave and beach bluffs. It is fix-upper price, One level -mid floor with bright and light unit .open-floor plan with living and dinnig area combine , Very good size Master bedroom . SXS Waher & Dryer closet , also gated undergound common garage with 2 SXS parking space. sold " AS IS" , Fireplace is decorative only ,can not burn woods. Showings by appointment only
Location
Santa Monica, Los Angeles County, CA 90403
Open on Google Maps ↗Listed by: Tony Yeh · Omega Realty Company
Payment estimate
$10,893
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $139,000 · Loan: $1,251,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,924
- Property tax (1.25%)
- $1,448
- Homeowners insurance
- $300
- Mortgage insurance
- $521
- HOA dues
- $700
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 $48,650 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.
$1,285,000
922 14th Street 111
Santa Monica, 90403
$1,295,000
933 17th Street 9
Santa Monica, 90403
$1,324,950
1115 19th 10
Santa Monica, 90403
$1,425,000
1020 19th Street 6
Santa Monica, 90403
$1,425,000
1131 12th Street 102
Santa Monica, 90403
$1,450,000
1015 21st Street B
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.