1925 Montana Ave, Santa Monica, California 90403, Santa Monica, 90403 - bed, bath

1925 Montana Ave, Santa Monica, California 90403 home-pic-0
ACTIVE$1,015,000
1925 Montana Ave, Santa Monica, California 90403
0Bed
0Bath
1,152Sqft
Lot
Year Built
1962
Close
-
List price
$1.01M
Original List price
$1.02M
Price/Sqft
$881
HOA
$403
Days on market
-
Sold On
-
MLS number
OC25221898
Home ConditionGood
Features
Patio
ViewCity Lights,Neighborhood

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.01M(27th), sqft - 1152(36th), beds - undefined(2th), baths - undefined(2th).

This 2 bedroom, 2 bathroom condo with 1,152 sq. ft. is the type of property that consistently attracts long-term tenants and maintains strong value. Located within the Franklin Elementary, Lincoln Middle, and Santa Monica High boundaries, it sits in one of the most desirable school districts on the Westside. Families move here with a purpose, and once they do, they tend to stay, resulting in longer leases, fewer turnovers, and minimal downtime. The unit itself checks every box for tenant comfort: split-unit heating and air conditioning, a large private patio, in-unit laundry, and a gated assigned parking spot. These features make day-to-day living easy and enjoyable, ensuring the property remains competitive and in high demand. Add to this the advantage of location. Montana Avenue places residents just steps from popular cafés, restaurants, shops, and Whole Foods, while Santa Monica remains a hub for tech and media with companies like Hulu, Snapchat, Amazon Studios, Activision, and Universal Music Group nearby. The combination of strong schools, walkability, and proximity to major employers means a steady pool of tenants who value both convenience and lifestyle. This is a property built on fundamentals that don’t fade with trends—quality schools, a prime location, and features that keep tenants renewing year after year.

Price History

Date
Event
Price
09/25/25
Price Change
$1,015,000-1.0%
09/20/25
Listing
$1,025,000
06/08/16
Sold
$819,000
10/22/02
Sold
$375,000
10/21/02
Sold
$375,000
Condition Rating
Good

Built in 1962, this property has undergone significant renovations, making it move-in ready. The kitchen features modern stainless steel appliances, well-maintained wood cabinetry, and a dark stone backsplash/countertop combination that is clean and functional. Bathrooms are updated with modern vanities and light fixtures. The property benefits from hardwood flooring throughout main living areas, recessed lighting, and a modern split-unit heating and air conditioning system. While the aesthetic isn't brand new, the property is well-maintained and does not require immediate updates or repairs, aligning with a 'Good' condition score.
Pros & Cons

Pros

Exceptional Location & School District: Situated in a highly desirable Santa Monica neighborhood, this property benefits from access to top-rated Franklin Elementary, Lincoln Middle, and Santa Monica High schools, a major draw for families.
High Tenant Retention & Investment Stability: The property consistently attracts long-term tenants, leading to lower turnover, minimal downtime, and strong value maintenance, making it a stable investment.
Modern Unit Amenities: The unit is well-equipped with split-unit heating and air conditioning, in-unit laundry, a large private patio, and gated assigned parking, enhancing tenant comfort and market competitiveness.
Walkability & Proximity to Major Employers: Residents enjoy excellent walkability to Montana Avenue's cafes, shops, and Whole Foods, and convenient access to major tech and media employers, ensuring high demand.
Desirable Views: The property offers pleasant city lights and neighborhood views, contributing to its overall appeal and living experience.

Cons

Building Age: Constructed in 1962, the building's age may imply potential for future maintenance or capital improvement needs for common areas, which could lead to special assessments.
Monthly HOA Fees: The association fee of $403.0 per month represents a significant recurring cost of ownership, which can impact overall affordability and net investment returns.
Potential Overpricing: The current list price of $1,015,000 is approximately 4% above the estimated market value of $973,007, suggesting it may be priced slightly high relative to current market data.

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