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1040 4th Street, 107, Santa Monica, CA 90403
$545K2bd · 2ba · 1,346 sqft
Lot 30,033 sqft•HOA $965/mo•Condominium•Active•165d on market•MLS# 00-26814643
1040 4th Street, 107, Santa Monica, CA 90403
MLS# 00-26814643•Residential•Condominium
Active165 days on market
$545,000
2
Beds
2
Baths
1,346
Sq Ft
30,033
Lot Sq Ft
$965
HOA/mo
1990
Year Built
Property Description
Spacious 2+2 unit, corner unit. shared sun deck. 4 blocks from the ocean, walking distance to the Third Street Promenade. Tenant occupied with Deed Restrictions. See Agent Remarks.
Features & Amenities
FeeBuilt 1990
Property Details
Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
Flooring
Carpet, Wood
City
Santa Monica
Zip Code
90403
County
Los Angeles
Mortgage Calculator
Current Rates
$
$
%
Monthly Payment
$2,755.82
Principal & Interest
Loan Amount
$436,000
Total Interest
$556,094
Total Payment Over 30 Years
$992,094
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
1040 4th Street, 107, Santa Monica, CA 90403
Santa Monica · Condominium
$545K
Affordable TierBeds
2
Baths
2
Sqft
1,346
Lot
30,033 sqft
Year
1990
$/Sqft
$405
Pool: No✓
Spa: No✓
Listed 60.2% below the median closed sale of $1,369,025. Price per sqft ($405) is a 58% discount to closed comps ($956). Closed comps sold at 103% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Price advantage
Subject listed at $545K· $405/sqft
Total list price
Closed comps
vs closed median $1.37M
−$824K (−60.2%)
Active comps
vs active median $1.10M
−$553K (−50.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $908
−$503 (−55.4%)
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2913 3rd Street | Santa Monica | 1991 | 2 | 2 | 1,072 | 30,977 | $1,199 | $1.28M | 24 | 90 |
| 951 16th Street | Santa Monica | 1974 | 2 | 2 | 1,221 | 7,513 | $899 | $1.10M | 8 | 83 |
| 1802 20th Street | Santa Monica | 1991 | 2 | 3 | 1,173 | 7,510 | $681 | $799,000 | 31 | 83 |
| 1252 11th Street | Santa Monica | 1973 | 2 | 2 | 1,101 | 15,000 | $762 | $839,000 | 19 | 82 |
| 1314 17th Street | Santa Monica | 1973 | 2 | 3 | 1,227 | 37,484 | $998 | $1.23M | 71 | 82 |
| Total: 5 · Average | 2.0 | 2.4 | 1,158.8 | 19,696.8 | $907.8 | $1.05M | 30.6 | |||
| Median | 1,173 | $1.10M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2222 5th Street | Santa Monica | 1990 | 09/11/2026 | 2 | 2 | 1,412 | 11,231 | $1.40M | $1.40M | $988 | 1.00 | 44 | 91 |
| 2960 Neilson Way | Santa Monica | 1980 | 09/24/2026 | 2 | 2 | 1,305 | 134,148 | $999,000 | $999,000 | $766 | 1.00 | 40 | 86 |
| 650 Pacific Street | Santa Monica | 1989 | 10/09/2026 | 2 | 3 | 1,490 | 11,937 | $1.40M | $1.37M | $919 | 0.98 | 106 | 85 |
| 2930 Neilson Way | Santa Monica | 1980 | 10/02/2026 | 2 | 2 | 1,426 | 134,148 | $1.50M | $1.68M | $1,175 | 1.12 | 52 | 85 |
| 1127 10th St | Santa Monica | 1971 | 09/15/2026 | 2 | 2 | 1,124 | 0 | $999,999 | $1.05M | $934 | 1.05 | 72 | 84 |
| Total: 5 · Average | 2.0 | 2.2 | 1,351.4 | 72,866 | $1.30M | $1.30M | $956.4 | — | 62.8 | ||||
| Median | 1,412 | $1.37M | $1.37M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
AI-generated CMA
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.