1124 7th Street
Santa Monica, CA, 90403
$3,395,000
MLS: 26642117
Beds
2
Baths
1
Sq Ft
1,256
Lot
0.17 ac
Year Built
1907
MLS #
26642117
Days on Market
89
Listed
Jan 22, 2026
Description
Unbeatable location in the heart of Santa Monica! This craftsman 2 bed plus loft SFR residence is located on a large flat lot in one of LA's most desirable coastal neighborhoods. Just minutes from the beach, top-tier shopping, dining, and everything Santa Monica has to offer. Property may be enjoyed as-is or offers excellent redevelopment potential. There are Proposed approved architectural plans by Architect Howard Laks and are available to qualified buyers upon request.
Location
Santa Monica, Los Angeles County, CA 90403
Open on Google Maps ↗Listed by: Darlene Hutton · Rodeo Realty- Brentwood
Payment estimate
$23,883
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $339,500 · Loan: $3,055,500
- Principal & Interest
- $18,774
- Property tax (1.25%)
- $3,536
- Homeowners insurance
- $300
- Mortgage insurance
- $1,273
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 $118,825 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.
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