Santa Monica (C14) Homes under $1.25 million

Santa Monica (C14) Homes under $1.25 million

Welcome to Santa Monica, California, a vibrant coastal gem nestled in the heart of Los Angeles County. Known for its stunning beaches, iconic pier, and thriving cultural scene, Santa Monica offers an unparalleled lifestyle that seamlessly blends sun, surf, and sophistication. With a pleasant Mediterranean climate and an array of outdoor activities, this city is perfect for those who appreciate an active and engaging lifestyle.

For homebuyers looking to settle in this picturesque locale, there are fantastic opportunities available under $1.25 million. Whether you’re seeking a cozy beach bungalow or a modern condo with ocean views, Santa Monica has a variety of options that cater to diverse tastes and lifestyles. Imagine waking up to the soothing sound of waves crashing and stepping out onto the bustling streets filled with trendy boutiques, gourmet restaurants, and lively cafes.

Families will appreciate the top-rated schools and numerous parks, while young professionals will find a dynamic community that encourages networking and collaboration. The Santa Monica Farmers Market and the vibrant Third Street Promenade are just a stone's throw away, offering fresh produce and a lively atmosphere.

With its ideal location, Santa Monica provides easy access to the greater Los Angeles area, making it a perfect hub for both work and play. Don’t miss your chance to own a piece of this coastal paradise. Explore the homes available under $1.25 million and discover the charm and allure of Santa Monica living today!

Newest Santa Monica (C14) Homes under $1.25 million

1101 Lincoln Boulevard Unit 5, Santa Monica
$749,000
2 Beds ⋅ 2 Baths ⋅ 26638989 MLS ⋅ Active Status
RARE SANTA MONICA OPPORTUNITY -- BUY BEFORE THIS BUILDING POTENTIALLY UNLOCKS ITS FULL VALUE! Offered at $749,000, this beautiful 2-bedroom, 2-bath corner condo in coveted Wilshire/Montana combines an exceptional coastal lifestyle, a well-funded HOA and unusual potential for appreciation. The seller owns five of this 11-unit building's residences and is offering all five individually to separate buyers. As ownership concentration decreases, a major obstacle to conventional financing may be resolved, potentially opening the building to a much larger buyer pool. The listing broker estimates that restored financing eligibility could support a 15-30% increase in market value. PRIME NORTH-OF-WILSHIRE LOCATION! Enjoy the best of Santa Monica just moments from Montana Avenue's chic boutiques, coffee shops, acclaimed restaurants and neighborhood markets. Blocks to iconic Palisades Park for Pacific Ocean sunsets, spend afternoons at the beach, or explore nearby parks and Third Street Promenade. Highly regarded local schools add to the appeal. This is the quintessential Santa Monica lifestyle, with dining, shopping and coastal recreation close to home. PRIVATE CORNER RESIDENCE! Approximately 1,000 square feet, Unit 5 (also known as 2B) is a north-facing corner home on the quieter side of the complex, with limited shared walls for added privacy. The spacious living room opens through oversized sliding glass doors to a wide, covered private balcony overlooking leafy neighborhood surroundings. Light wood-look flooring and crisp white walls create a bright, inviting feel. A separate dining area provides room to entertain. The kitchen features white cabinetry, light countertops, stainless steel refrigerator, gas range and a window above the sink. Both bedrooms have generous closets; bathrooms feature white vanities and glass-enclosed bathing areas with subway tile. A WELL-RUN, WELL-FUNDED HOA! This intimate 11-residence building has been recently repainted and nicely updated, with consistent maintenance and attractive common areas inlcuded major deferred maintanance projects completed. Reported reserves are over 58% funded, with annual reserve contributions exceeding 15% of budgeted assessments. Buyers can appreciate the building's excellent reported financial position and proactive upkeep. Amenities include elevator access, underground parking, shared laundry and bicycle storage.LIVE HERE OR INVEST! The desirable two-bedroom layout, prime Montana Avenue location and proximity to the beach make this a compelling home or long-term rental prospect, subject to HOA rental rules. *****THE OPPORTUNITY IS IN THE TIMING!***** This building is currently non-warrantable, limiting conventional financing options and the potential buyer pool due to this owner owning more than 5 units. Selling the five seller-owned residences to separate buyers is an active plan to reduce concentrated ownership, a key financing issue. If the building becomes eligible for conventional loans, broader financing access could support stronger demand and higher values. Unlike many non-warrantable properties, this one has an identifiable obstacle and a plan to address it. FIVE RESIDENCES, ONE UNIQUE OPPORTUNITY! This is the first being offered. Ask about the remaining units when scheduling your tour. Cash or eligible non-warrantable financing only at present. Building is not currently Fannie Mae/Freddie Mac warrantable. Broker's 15-30% appreciation estimate is an opinion, not an appraisal or guarantee. Eligibility, timing and future values are uncertain; additional project requirements may apply. Buyer and lender to independently verify HOA financials, rental rules and financing eligibility. See private remarks for showings.

1101 Lincoln Boulevard Unit 5, Santa Monica

1024 5th Street Unit 6, Santa Monica
$995,000
2 Beds ⋅ 2 Baths ⋅ 26997347 MLS ⋅ Active Status
Santa Monica beach living at its best! Welcome home to this charming, move-in-ready top-floor, front-facing condominium in a boutique 10-unit building, just moments from the beach. Imagine starting your mornings with a walk along the sand, enjoying a picnic in beautiful Palisades Park overlooking the Pacific, spending afternoons swimming in the ocean, or ending the day with spectacular sunsets all just a short stroll from your front door. This bright, single-level 2-bedroom, 2-bath residence has been tastefully remodeled with light wood floors, neutral finishes, and an airy coastal feel throughout. Both generously sized bedrooms feature an entire wall of closet space. Additional highlights include newer dual-pane windows, a freshly painted interior, and a handsome decorative fireplace flanked by wall sconces. The updated bathrooms are beautifully appointed, with a deep soaking tub and shower in the primary suite and an oversized walk-in shower in the guest bath. Marble countertops, polished nickel fixtures, skylights, and timeless finishes create a refined, spa-like feel. The remodeled kitchen features white cabinetry, white stone countertops, and stainless steel appliances. In-unit washer/dryers are permissible and offer added value and convenience, while a community laundry room is also available. Two side-by-side parking spaces in a secure gated garage are complemented by extensive floor-to-ceiling storage cabinets spanning the width of both spaces, ideal for surfboards, bicycles, beach gear, and everyday essentials. Ideally situated just minutes from Montana Avenue's popular boutiques and restaurants, with convenient access to the 10 Freeway, this exceptional home offers an unbeatable coastal lifestyle with the added benefit of low HOA dues. A rare opportunity to own a beautifully updated home in one of Santa Monica's most desirable beachside neighborhoods. Please call for more information or to arrange a private showing in the coming days.

1024 5th Street Unit 6, Santa Monica

827 Bay Street Unit 5, Santa Monica
$899,000
2 Beds ⋅ 2 Baths ⋅ 26994661 MLS ⋅ Active Status
Welcome to The Baymar, a boutique nine-unit condominium community perfectly positioned in the heart of Santa Monica's coveted Sunset Park neighborhood. This light-filled top-floor corner residence offers an exceptional blend of comfort, style, and effortless coastal living. Freshly painted and thoughtfully maintained, the home welcomes you with an open-concept living and dining area where expansive windows fill the space with natural light and peaceful treetop views. The inviting kitchen features rich cobalt blue cabinetry, quartz countertops, ample storage, generous workspace and a seamless connection to the main living areas - bringing both character and function to the heart of the home. The spacious primary bedroom provides generous closet space and a tranquil retreat, while the versatile second bedroom is well suited for guests, a home office, or additional living needs. An in-unit washer and dryer, along with a parking space in the shared garage, add to the home's everyday convenience. Ideally located just moments from Main Street, Ocean Park, Downtown Santa Monica, the beach, and the renowned Santa Monica Farmers Market, this residence offers easy access to acclaimed restaurants, boutiques, parks and the very best of the Westside. Whether you're seeking a full-time residence or the perfect coastal retreat, this move-in-ready home offers the quintessential Santa Monica lifestyle just moments from the coast.

827 Bay Street Unit 5, Santa Monica

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.