2311 Schader Drive 101
Santa Monica, CA, 90404
$1,349,000
MLS: 26658935
Beds
2
Baths
3
Sq Ft
1,383
Lot
0.29 ac
Year Built
1993
MLS #
26658935
Days on Market
8
Listed
Mar 3, 2026
Description
Beautiful townhouse-style condo in the heart of Santa Monica. This exceptionally clean and bright corner unit offers maximum privacy with only one shared wall and an abundance of natural light throughout. The functional floor plan features a spacious downstairs patio perfect for outdoor relaxing, while the primary suite upstairs includes its own private balcony. Convenience is key with an in-unit washer and dryer and two side-by-side parking spaces in a controlled-access garage. Ideally located just minutes from world-class shopping, restaurants, the beach, and easy freeway access. This move-in-ready home offers the perfect blend of comfort and coastal lifestyle.
Location
Santa Monica, Los Angeles County, CA 90404
Open on Google Maps ↗Listed by: Alison Seong Kim · PARTNERS
Payment estimate
$9,671
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $134,900 · Loan: $1,214,100
- Principal & Interest
- $7,460
- Property tax (1.25%)
- $1,405
- Homeowners insurance
- $300
- Mortgage insurance
- $506
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 $47,215 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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