1121 Princeton Street 5
Santa Monica, CA, 90403
$1,200,000
MLS: 26665081
Beds
2
Baths
3
Sq Ft
1,587
Lot
0.18 ac
Year Built
1989
MLS #
26665081
Days on Market
31
Listed
Mar 16, 2026
Description
Unit is rented until November 2026 ($3,850/month). Tenant will move out at this date. Welcome to this 2-bedroom, 2.5-bathroom townhouse in a charming 5-unit Spanish-style building on a quiet, tree-lined street in the prestigious college streets of Santa Monica. This end unit features a desirable layout with hardwood floors throughout. The kitchen opens to a combined dining and living area that flows to a private patio. As an end unit, the property backs directly onto a communal yard, perfect for pet owners seeking outdoor space. The main level includes a powder room and direct access to an enclosed two-car garage with ample storage and secure, gated entry exclusive to residents. Upstairs, the primary suite offers soaring ceilings and an en-suite bathroom with dual vanities, tile finishes, a spacious shower, and a soaking tub. The second bedroom includes its own en-suite bath. An upstairs laundry area adds convenience. Located North of Wilshire in the highly sought-after Franklin Elementary School boundary, just a stroll to Douglas Park, Montana Avenue, and the Brentwood Country Mart. This end-unit townhouse presents a rare opportunity in one of Santa Monica's most desirable neighborhoods! One or more photo(s) has been virtually staged.
Location
Santa Monica, Los Angeles County, CA 90403
Open on Google Maps ↗Listed by: Hannah Laird · Westside Estate Agency Inc.
Payment estimate
$8,636
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000
- Principal & Interest
- $6,636
- Property tax (1.25%)
- $1,250
- Homeowners insurance
- $300
- Mortgage insurance
- $450
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $42,000 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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