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2002 4th Street, 111, Santa Monica, CA 90405

$799K2bd · 2ba · 961 sqft
Lot 25,990 sqft•HOA $721/mo•Condominium•
Active
•61d on market•MLS# 00-26870341

Property Description

Bring your investors, contractors and DIYers to this beach-close fixer opportunity at Bay West Condominiums! Highly elevated first floor corner unit with 3 sides exposure with view of pool & sundeck. Don't wanna fix it? Looking for something already done? Then check out Unit 211 directly above - it's BEAUTIFULLY renovated @ only $899,000. See MLS# 26-633181. Building amenities include pool, sundeck, controlled access front entrance, gated parking, bike storage room, professional property management and earthquake insurance. The unit is a quick walk to Santa Monica High School and is in close proximity to Third Street Promenade, Main Street shops, dining, night life, bike path and the beach! Come explore this rare opportunity to get a be a unit like this under 800k!

Features & Amenities

FeeBuilt 1962

Property Details

Land Type
Fee
Year Built
1962
Property Type
Residential
Property Subtype
Condominium
View
Pool
Flooring
Carpet
City
Santa Monica
Zip Code
90405
County
Los Angeles
Listed byDouglas Elliman of California, Inc., Damon Kronsberg

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,040.18
Principal & Interest
Loan Amount
$639,200
Total Interest
$815,264
Total Payment Over 30 Years
$1,454,464
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

2002 4th Street, 111, Santa Monica, CA 90405

Santa Monica · Condominium

$799K
Affordable Tier
Beds
2
Baths
2
Sqft
961
Lot
25,990 sqft
Year
1962
$/Sqft
$831
Pool: Yes✓
View: Pool✓

Listed 12.7% below the median closed sale of $915,000. Price per sqft ($831) is a 10% discount to closed comps ($924). Closed comps sold at 101% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $799K· $831/sqft
Total list price
Closed comps
vs closed median $915K
−$116K (−12.7%)
Active comps
vs active median $749K
+$50K (+6.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $908
−$77 (−8.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1824 20th StreetSanta Monica1963218977,494$753$675,0008783
404 San Vicente BoulevardSanta Monica19711184521,764$870$735,0004780
917 2nd StreetSanta Monica1972218707,519$1,144$995,00013180
201 Ocean AvenueSanta Monica19711186838,619$916$795,0004679
630 Idaho AvenueSanta Monica19731187414,997$857$749,0005579
Total: 5 · Average1.41.0870.818,078.6$908$789,80073.2
Median870$749,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2021 California AvenueSanta Monica195809/10/2026221,02427,512$799,000$799,000$7801.0021193
933 11th StreetSanta Monica196909/14/20262295015,005$925,000$915,000$9630.996791
2216 4th StreetSanta Monica196208/28/2026221,0048,792$1.12M$1.10M$1,0960.982891
1101 Lincoln BoulevardSanta Monica196408/28/2026221,0127,496$749,000$749,000$7401.00089
852 15th StreetSanta Monica197109/22/2026229217,528$895,000$960,000$1,0421.073588
Total: 5 · Average2.02.0982.213,266.6$904,600$904,600$924.2—68.2
Median1,004$915,000$915,000

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.