222 7th Street 202
Santa Monica, CA, 90402
$959,000
MLS: SB26060966
Beds
2
Baths
2
Sq Ft
1,182
Lot
0.58 ac
Year Built
1974
MLS #
SB26060966
Days on Market
22
Listed
Mar 20, 2026
Description
Lowest priced 2-bedroom in all of 90402. Located north of Montana Avenue just above San Vicente, this northeast-facing 2BD/2BA condo offers a rare opportunity to own in one of Santa Monica’s most sought-after neighborhoods. Unit 202 has been refreshed with updated electrical, new lighting throughout, remodeled bathrooms, fresh paint, and a fully updated private patio compliant with current California balcony safety requirements. The spacious living room features a fireplace, wet bar, and opens to a private patio with treetop views and beautiful morning light. The kitchen offers a breakfast nook, freshly painted cabinetry, and great potential to customize. Both bedrooms are generously sized with new carpet and ample closet space. Both bathrooms are full bathrooms, each with a tub and shower. HOA dues cover water, gas, sewer, trash, building maintenance, property management, and master insurance including earthquake coverage for the building (not interior units). Amenities include a gym, rec room, and community laundry on each level. The unit also has the potential for in-unit laundry installation subject to HOA and City approval. Two-car tandem parking in a covered, secured garage plus dedicated storage included. Just moments from the Santa Monica Stairs, Montana Avenue, and the beach—this is quintessential SoCal living. A rare opportunity to own north of Montana under $1M.
Location
Santa Monica, Los Angeles County, CA 90402
Open on Google Maps ↗Listed by: Taya Dicarlo · Compass
Payment estimate
$6,962
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $95,900 · Loan: $863,100
- Principal & Interest
- $5,303
- Property tax (1.25%)
- $999
- Homeowners insurance
- $300
- Mortgage insurance
- $360
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 $33,565 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.
Local Market Stats
See Santa Monica, CA 90402 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
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