1133 5th Street 301
Santa Monica, CA, 90403
$2,275,000
Original list price: $2,400,000
MLS: 26651399
Beds
2
Baths
3
Sq Ft
1,682
Lot
0.34 ac
Year Built
1985
MLS #
26651399
Days on Market
124
Listed
Feb 12, 2026
Description
Rare, completely remodeled Santa Monica gem in one of the city's most desirable and walkable locations, just steps from the beach, Palisades Park, and the Third Street Promenade and an ideal Westside home for Pacific Palisades residents seeking to stay close to their community. Perched on the third floor, this front-facing residence blends modern sophistication with a level of convenience rarely found in the area. In a city known for challenging stairs, this home offers an effortless, turnkey lifestyle with not a single step from your parking garage to your front door. The elegant interior features high-end finishes, a cozy fireplace, and 29 feet of expansive, front-facing living and dining space with wrap-around balconies for seamless coastal living. The thoughtfully designed floor plan offers two spacious bedrooms, two full bathrooms, and a stylish half-bath for guests. Private balconies extend from every major room, filling the home with natural light and ocean breezes. Additional highlights include an in-unit washer/dryer, two side X side parking spaces, a gated garage, and a community pool. This stunning residence delivers the perfect blend of luxury and total accessibility in the heart of Santa Monica. Also available for lease at $8499 per month
Location
Santa Monica, Los Angeles County, CA 90403
Open on Google Maps ↗Listed by: Lee Johnson · Berkshire Hathaway HomeServices California Properties
Payment estimate
$17,180
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $227,500 · Loan: $2,047,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $12,969
- Property tax (1.25%)
- $2,370
- Homeowners insurance
- $300
- Mortgage insurance
- $853
- HOA dues
- $689
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 $79,625 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.
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.