137 Strand Street
Santa Monica, CA, 90405
$1,975,000
MLS: 25529377
Beds
2
Baths
3
Sq Ft
1,470
Lot
0.06 ac
Year Built
1949
MLS #
25529377
Days on Market
292
Listed
Apr 23, 2025
Location
Santa Monica, Los Angeles County, CA 90405
Open on Google Maps ↗Listed by: Patrick Ayau · Lee & Associates Los Angeles West Inc.
Payment estimate
$14,019
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $197,500 · Loan: $1,777,500
- Principal & Interest
- $10,921
- Property tax (1.25%)
- $2,057
- Homeowners insurance
- $300
- Mortgage insurance
- $741
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 $69,125 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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