940 7th Street 8
Santa Monica, CA, 90403
$950,000
MLS: 26845065
Beds
2
Baths
2
Sq Ft
906
Lot
0.17 ac
Year Built
1969
MLS #
26845065
Days on Market
3
Listed
Jun 9, 2026
Description
Welcome to coastal living at its finest in the heart of Santa Monica! This beautifully maintained 2-bedroom, 2-bath condominium is ideally located just minutes from the world-famous Santa Monica Beach and Montana Avenue. Nestled on desirable 7th Street, this residence offers the perfect balance of coastal charm and modern convenience. Filled with abundant natural light, this inviting residence features an open, airy floor plan designed for comfortable everyday living. The updated kitchen features stainless steel appliances, creating a modern and functional space for cooking and entertaining. Enjoy the convenience of an in-unit washer and dryer, spacious bedrooms, a balcony, and thoughtfully designed living spaces that make working from home and everyday living effortless. The spacious living area is highlighted by an elegant electric fireplace, providing warmth and ambiance year-round. Whether you're starting your morning with a walk along the beach, biking the Strand, or enjoying Santa Monica's renowned restaurants, coffee shops, boutiques, and nightlife, this location places everything you love just moments away. Perfect for professionals, investors, families looking for a home in the Santa Monica-Malibu Unified School District, or anyone seeking a vibrant coastal lifestyle, this exceptional condo offers the best of beachside living in one of Southern California's most sought-after communities.
Location
Santa Monica, Los Angeles County, CA 90403
Open on Google Maps ↗Listed by: Dionya Jackson · Equity Union
Payment estimate
$7,361
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $95,000 · Loan: $855,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,415
- Property tax (1.25%)
- $990
- Homeowners insurance
- $300
- Mortgage insurance
- $356
- HOA dues
- $300
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 $33,250 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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