2930 Neilson Way 406
Santa Monica, CA, 90405
$1,200,000
MLS: 26733393
Beds
2
Baths
2
Sq Ft
1,352
Lot
3.08 ac
Year Built
1980
MLS #
26733393
Days on Market
2
Listed
Apr 16, 2026
Description
Fabulous, bright and spacious single-level two-bedroom two baths with wonderful ocean views from both the living room and the balcony. This wider floor-plan opens the space in the highly sought-after prestigious Sea Colony II: a 24-hour guard-gated beachfront community in Santa Monica. Directly across the street from the sand, offering an ideal blending of comfort, convenience, and coastal living. The best two side-by-side parking spaces on the upper level, positioned next to the lobby entrance for effortless access. From the lobby, take the elevator to the fourth floor where stunning ocean views greet you as you approach the home. The designated storage locker provides additional space for bicycles and other items. Interior features include wood laminate flooring, Nest thermostat for the central heating/ac, plus in-unit laundry. A charming breakfast nook offers flexibility as a home office or a cozy dining. The balcony is accessible from both the living room and the primary bedroom, creating a perfect place to unwind while enjoying fresh air and breathtaking ocean views. Enjoy the resort style amenities: the saltwater pool heated.year-round, three spas, a fully equipped 24-hour gym, recreation room with kitchen that opens to the pool and outdoor barbecue area, and men's and women's locker rooms with dry saunas. Additional conveniences include ample guest parking, EV charging stations, grocery carts in the garage for transporting items, onsite management, and access to the public tennis courts located next door. Great opportunity to purchase this valuable underpriced unit. Move in or remodel if you choose, but remember the value, pricing, appreciation, and investment is based on the ocean view and location. A perfect place to call home. Small pets are welcome. Offers will be presented upon receipt. Don't wait
Location
Santa Monica, Los Angeles County, CA 90405
Open on Google Maps ↗Listed by: Randi Pollock · Equity Union
Payment estimate
$8,636
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000
- Principal & Interest
- $6,636
- Property tax (1.25%)
- $1,250
- Homeowners insurance
- $300
- Mortgage insurance
- $450
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 $42,000 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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