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1125 Pico Boulevard 209, Santa Monica, California 90405, Santa Monica, 90405 - 1 bed, 1 bath

1125 Pico Boulevard 209, Santa Monica, California 90405 home-pic-0
ACTIVE$699,000
1125 Pico Boulevard 209, Santa Monica, California 90405
1Bed
1Bath
880Sqft
14,836Lot
Year Built
1977
Close
-
List price
$699K
Original List price
$795K
Price/Sqft
$794
HOA
$489
Days on market
-
Sold On
-
MLS number
25486961
Home ConditionExcellent
Features
Good View: Peek-A-Boo
Deck
ViewPeek-A-Boo

About this home

We found 3 Cons,5 Pros. Rank: price - $699.0K(18th), sqft - 880(29th), beds - 1(22th), baths - 1(22th).

Incredible value!! Live the Santa Monica life in this top floor corner unit front facing 1 bedroom 1 bathroom with a bonus loft that can be used as an office or bedroom. Only twelve blocks to the Beach this freshly renovated top level unit boasts dramatic 15 ft high ceilings and a large west facing balcony with views and smooth breeze. Brand new floors throughout with new cabinets and countertops in the kitchen freshly painted throughout and a full bathroom. Custom closets in the hallway and a walk in closet in the primary bedroom. Unit offers tons of natural light two non tandem parking spots in a gated garage 24/7 security cameras and low association dues, including earthquake ins. Great investment unit in the heart of SM! Very close proximity to Main ST Montana the 3rd Street Promenade 10 fwy Santa Monica College Abbot Kinney and the Beach. A great opportunity for an owner user or investor!

Price History

Date
Event
Price
03/06/19
Sold
$711,000
04/12/07
Sold
$490,000
05/12/04
Sold
$410,000
11/24/99
Sold
$149,000
Condition Rating
Excellent
This unit has undergone a comprehensive and recent renovation, as evidenced by the description stating 'freshly renovated,' 'Brand new floors throughout with new cabinets and countertops in the kitchen freshly painted throughout and a full bathroom.' The images confirm a modern aesthetic with new white shaker-style kitchen cabinets, light quartz countertops, stainless steel appliances, and updated bathroom vanity, fixtures, and subway tile. All visible components appear new or virtually new, meeting current quality standards, despite the building's 1977 construction year. This aligns perfectly with the 'Excellent' criteria for a property fully renovated recently with new or virtually new components.
Pros & Cons

Pros

Prime Coastal Location: Situated in the heart of Santa Monica, just twelve blocks from the beach, offering excellent proximity to popular destinations like Main Street, Montana Avenue, 3rd Street Promenade, Santa Monica College, and Abbot Kinney.
Recently Renovated Interior: The unit boasts fresh renovations including brand new flooring throughout, new kitchen cabinets and countertops, and a fresh coat of paint, providing a modern and move-in ready appeal.
Unique Architectural Features: Features dramatic 15 ft high ceilings and a versatile bonus loft that can serve as an office or additional sleeping area, enhancing the sense of space and functionality.
Enhanced Lifestyle Amenities: Includes a large west-facing balcony offering views and a smooth breeze, abundant natural light, custom closets, a walk-in closet, and two non-tandem parking spots in a gated garage with 24/7 security.
Favorable Association Dues: Benefits from low association dues that include earthquake insurance, providing cost-effective living and peace of mind in a desirable coastal area.

Cons

Building Age: Constructed in 1977, the building is older, which could imply potential for future common area maintenance or infrastructure updates not covered by the unit's recent renovations.
Price History & Market Performance: The current list price of $699,000 is lower than its last recorded sale price of $711,000 in 2019, and significantly reduced from its original list price of $795,000, suggesting potential depreciation or a challenging market position.
Limited View Quality: While the description mentions 'views,' the official listing specifies a 'Peek-A-Boo' view, which may not meet expectations for buyers seeking expansive or unobstructed vistas.

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