Under ContractSingleFamilyResidence

420 Alta Avenue

Santa Monica, CA, 90402

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$8,500,000

MLS: 26731641

Beds

5

Baths

5

Sq Ft

4,797

Lot

0.20 ac

Year Built

2003

MLS #

26731641

Days on Market

25

Listed

Apr 16, 2026

Description

Located North of Montana Avenue and West of 7th Street, this classic California Spanish by recognized architect Robert Ramirez is a special property and an extremely rare offering. Casual and comfortable, with a sophisticated flair, this 5 bedroom, 5 bath home in approximately 4,797 square feet is perfect for everyday living and entertaining. A lushly landscaped front yard welcomes you to a gracious entry. The downstairs is light and airy and includes one bedroom, a media room, an atrium gym that opens to a deck, a formal dining room, and a large kitchen and family room that opens to a spacious deck, yard, pool and spa. The upstairs includes a family room/office and four bedrooms, with the spacious primary enjoying a large, covered terrace overlooking the pool. Finely appointed and convenient to local shops and services, this presents a unique opportunity for a discriminating tenant to enjoy Southern California living in style.

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: Emil Alexander Schneeman · Berkshire Hathaway HomeServices California Properties

Payment estimate

$60,796

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $850,000 · Loan: $7,650,000

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$48,454
Property tax (1.25%)
$8,854
Homeowners insurance
$300
Mortgage insurance
$3,188
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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 $297,500 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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Local Market Stats

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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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.