ActiveSingleFamilyResidence

943 Princeton Street

Santa Monica, CA, 90403

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$3,649,000

MLS: 26671921

Beds

2

Baths

2

Sq Ft

1,633

Lot

0.20 ac

Year Built

1947

MLS #

26671921

Days on Market

16

Listed

Apr 6, 2026

Description

Never before on the open market! Set on a prime parcel in Santa Monica's Collegiate Street neighborhood, 943 Princeton Street presents an exceptional opportunity in an A+ Westside location. What makes this property so desirable is the oversized 8,665 square foot lot - perfect for those looking to design and build a custom dream home or for developers seeking a premier site in a high-demand market. With alley access on two sides of the property, this opens an excellent opportunity for an ADU with it's own exclusive parking and access points (to be verified by Buyer). The 2 bedroom, 2 bathroom home was built in 1947 but went through remodels/updates in the 90's and early 2000's including the kitchen and custom cabinetry. The home is very livable and workable for a Buyer looking to do a smaller project. Perfectly positioned just minutes from Montana Avenue, the iconic Brentwood Country Mart, Wilshire Boulevard's renowned shops and restaurants, the beach, and Santa Monica Pier, this address offers the quintessential Santa Monica lifestyle. The property is also located within highly rated Santa Monica schools, further enhancing its long-term value. Surrounded by established luxury homes and new construction, this is a rare chance to renovate, redesign, or build new in a neighborhood where location truly defines the investment. 943 Princeton Street delivers the foundation for something truly exceptional in one of the Westside's most prestigious enclaves

Location

Santa Monica, Los Angeles County, CA 90403

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Listed by: Wheeler Coberly · Compass

Payment estimate

$25,647

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $364,900 · Loan: $3,284,100

%
Principal & Interest
$20,178
Property tax (1.25%)
$3,801
Homeowners insurance
$300
Mortgage insurance
$1,368
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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 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 $127,715 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.

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