Santa Monica isn't really known for affordability—unless you happened to score an incredible rent controlled apartment way back when. In fact, home prices in the city are among the highest in the nation. Still, it's not like there aren't a few (sort of) reasonably-priced residences out there, particularly in the condo market. With that optimistic thought in mind, the folks at NeighborhoodX set out to find the 10 most affordable properties in Santa Monica. Turns out, they're all under $750,000. Not bad, right? Okay, bad compared with most of the world, but still. Let's check out the properties!
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The 10 least expensive condos in Santa Monica
Starting at $459K
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2033 Cloverfield, Unit A
The least expensive apartment in Santa Monica is ... small. At just 515-square-feet it does have one bedroom (NeighborhoodX did not include studios on its list) and one full bath. It also has hardwood floors and a fireplace. Asking price is $459,000, with HOA fees running $285 per month.
1125 Pico, #109
It's a little cluttered right now, but this unit offers 616 square feet of space, a balcony, and a recently updated bathroom. Asking price is $499,000 with a $223 per month HOA fee.
2021 California, #18
At $569,000, we're quickly getting into some pricier territory. This 532-square-foot unit is in a slightly sleeker building north of Wilshire (with a pool). As such, the HOA fee is a bit higher, at $332 per month.
1043 12th St, #9
The most spacious of the units so far at 642 square feet, this condo also has a balcony and a fresh paint job. Asking price is $579,000 with a $414 per month HOA.
1524 Franklin Street, unit B
This cozy little 579 square foot condo has a balcony, community courtyard, and a fresh paint job.Even more attractive, the HOA fee is just $194 per month.
924 5th St, unit 7
We're inching closer to the beach here. This 583-square-foot unit in a 1960s building looks to be in good shape and is asking $599,000 with a $306 per month HOA.
2311 4th St, #206
Also $599,000, the price just dropped for this 663-square-foot condo—certainly an encouraging sign for buyers. Located in a building with a pool, fitness center, and bike storage, the HOA fee is $240 per month.
428 Hill St, #20
Another one-bedroom condo (there's a theme developing here). This one's 680 square feet and is listed for $619,000 with a $311 per month HOA fee.
1437 Stanford St, Unit C
Aha, so $699,000 appears to be the price point where an extra bedroom appears in Santa Monica condo units. This one also has a downright luxurious 1,100 square feet of living space and an extra bath to boot. HOA dues are $258 per month.
2339 34th St, #43
And here we find our first townhouse. At 1,317 square feet and $725,000, it's actually the most economical option in terms of price per square foot. The home includes two bedrooms, three bathrooms, a fireplace, and hardwood floors. HOA fees are a little pricier though. They'll run you $443 per month.
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