511 Washington Avenue
Santa Monica, CA, 90403
$1,425,000
Original list price: $1,494,000
MLS: 26842559
Beds
2
Baths
3
Sq Ft
1,492
Lot
0.17 ac
Year Built
1990
MLS #
26842559
Days on Market
57
Listed
Jun 3, 2026
Description
Significant Price Improvement! Coveted Santa Monica end/corner-unit townhome just five blocks from the beach! Bright and filled with natural light, this beautifully maintained home offers the privacy of only one shared wall and features 2 bedrooms, 2.5 baths, a versatile loft ideal for a home office or guest space, an updated kitchen, direct-access 2-car garage, and a new HVAC system. Designed for seamless indoor-outdoor living, the spacious private back patio is conveniently accessed from the living room, dining area, and kitchen, creating the perfect space for entertaining, outdoor dining, or simply relaxing. Multiple outdoor living areas, including three private balconies, a patio, and a spacious deck, provide wonderful opportunities to enjoy the Southern California coastal lifestyle.Additional recent improvements include a new roof, while the HOA has completed extensive community enhancements, including exterior painting and waterproofing, adding long-term value and peace of mind. Ideally located between Montana Avenue and the Third Street Promenade, and just minutes from Palisades Park, the beach, renowned restaurants, cafs, and boutique shopping, this exceptional home offers the perfect blend of privacy, convenience, and coastal living. A rare opportunity and exceptional value in one of Santa Monica's most sought-after neighborhoods.
Location
Santa Monica, Los Angeles County, CA 90403
Open on Google Maps ↗Listed by: Kimberly Bui · KB Luxe Real Estate
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$11,186
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $142,500 · Loan: $1,282,500
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,267
- Property tax (1.25%)
- $1,484
- Homeowners insurance
- $300
- Mortgage insurance
- $534
- HOA dues
- $600
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 Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
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 $49,875 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
See Santa Monica, CA 90403 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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