2960 Neilson Way 105, Santa Monica, California 90405, Santa Monica, 90405 - 1 bed, 2 bath

2960 Neilson Way 105, Santa Monica, California 90405 home-pic-0
ACTIVE$1,060,000
2960 Neilson Way 105, Santa Monica, California 90405
1Bed
2Baths
1,105Sqft
134,148Lot
Year Built
1980
Close
-
List price
$1.06M
Original List price
$1.1M
Price/Sqft
$959
HOA
$1,625
Days on market
-
Sold On
-
MLS number
25533592
Home ConditionGood
Features
Patio
ViewCourtyard, Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $1.06M(47th), sqft - 1105(47th), beds - 1(22th), baths - 2(50th).

Welcome to your new beachside retreat, nestled in the vibrant heart of Santa Monica. This bright, west-facing corner unit exudes elegance with recently updated floors, fixtures, motorized window treatments, and the convenience of an in-unit washer and dryer. Indulge in the indoor/outdoor living experience by cozying up next to the inviting wood-burning fireplace or take in the refreshing ocean breeze offered by the expansive wrap-around patio featuring floor-to-ceiling sliding glass doors. Located within the coveted Sea Colony II, a 24-hour guard-gated community, you'll enjoy unparalleled amenities such as concierge services, state-of-the-art security, a pristine saline heated pool, three luxurious spas, a well-equipped gym, a rec room, a yoga room, a sauna, and a charming community herb garden with lemon and lime trees. This residence also provides two gated underground side-by-side parking spaces, convenient visitor parking, EV charging stations, and an extra-large storage unit for all your beach essentials. Just steps from the sandy shores and one block from the lively Main Street, Sea Colony offers easy access to the boutiques, restaurants, and galleries of Abbott Kinney. Whether you're gliding along nearby bike paths or soaking up the sun on the beach, this home seamlessly blends luxury with convenience. Plus, enjoy the flexibility of using the included architectural floor plans to transform this unit into a 2-bedroom space, potentially enhancing the property's value, providing more comfort for guests, and increasing rental income. Seize the opportunity to make this exceptional residence your very own and experience the ultimate Santa Monica lifestyle!

Price History

Date
Event
Price
03/01/24
Sold
$1,000,000
04/30/13
Sold
$690,000
01/23/09
Sold
$675,000
03/16/05
Sold
$675,000
07/21/98
Sold
$210,000
Condition Rating
Good

Built in 1980, this unit has undergone significant recent updates, as evidenced by the 'recently updated floors, fixtures, and motorized window treatments' mentioned in the description and visible in the images. The property features modern light wood-look flooring throughout, contemporary light fixtures, and a fresh, clean aesthetic. The kitchen boasts updated white cabinetry, white countertops, and a modern gold-toned faucet, presenting a very clean and functional space, though the white appliances are not the latest stainless steel. The bathroom is also very clean with white subway-style tiling and a white tub, functional and well-maintained, but not luxurious. While not a brand-new construction or a full, high-end renovation, the property is move-in ready with no immediate renovation required, aligning well with the 'Good' condition criteria. The absence of central air conditioning is a minor drawback but does not detract significantly from the overall updated condition.
Pros & Cons

Pros

Prime Beachside Location: Situated just steps from the sandy shores and one block from Main Street, offering unparalleled access to Santa Monica's vibrant lifestyle, boutiques, restaurants, and galleries.
Extensive Luxury Amenities: Part of the exclusive Sea Colony II, a 24-hour guard-gated community with concierge services, state-of-the-art security, a heated saline pool, three spas, gym, yoga room, sauna, and community garden.
Modern Unit Upgrades & Features: Recently updated floors, fixtures, motorized window treatments, in-unit washer/dryer, a wood-burning fireplace, and an expansive wrap-around patio with floor-to-ceiling sliding glass doors.
Valuable Parking & Storage: Includes two gated underground side-by-side parking spaces, convenient visitor parking, EV charging stations, and an extra-large storage unit.
Convertible Layout Potential: Architectural floor plans are included to transform the unit into a 2-bedroom space, offering flexibility to enhance value, accommodate guests, or increase rental income.

Cons

High Monthly Association Fee: The significant monthly association fee of $1,625.00 adds a substantial ongoing cost, which may impact affordability and overall investment return.
Absence of Central Air Conditioning: While enjoying ocean breezes, the property description does not mention central air conditioning, which could be a comfort concern during warmer periods for some buyers.
Limited Views for Location: Despite its beachside proximity, the unit offers courtyard and tree/woods views rather than direct ocean views, which might be a missed premium for some buyers expecting a coastal vista.

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