Santa Monica Neighborhoods

Santa Monica is one of the premier beach communities to live in Southern California. 

Here is detailed information on the good neighborhoods in Santa Monica

Santa Monica Canyon

Not part of the city of Santa Monica itself, Santa Monica Canyon is a misleadingly named adjacent neighborhood, facing out upon the Pacific Ocean. With winding roads and steep canyon walls this small enclave shares more with wooded Topanga Canyon than the city of Santa Monica. Home to musicians, movie stars, and aging beach bums, Santa Monica Canyon is part of the city of Los Angeles, and its Canyon Charter Elementary School is one of the most prestigious elementary schools in the LAUSD. The border between Santa Monica Canyon and the Palisades is Chautauqua Blvd.

North of San Vicente

San Vicente Boulevard is the northernmost major street in Santa Monica. Homes north of San Vicente Blvd are among the most expensive in Los Angeles County and often contain views of the Pacific Ocean or the picturesque Santa Monica Canyon. La Mesa Drive is one of the most expensive and least known in the city, planted with a dense canopy of rare Moreton Bay fig trees the street makes a picturesque walking location. Twenty blocks closer to the ocean the Santa Monica Steps are a popular set of 189 very steep steps that lead down into the canyon. Rather than being used as a convenient direct route from the Canyon Charter school to Adelade drive, they are more often utilized for intense workouts and are an excellent place for spotting sweating celebrities. Streets north of San Vicente are usually short and contain large gated homes. This is part of the 90402 zip code.

North of Montana

South of San Vicente and north of Montana Avenue consist of larger family homes and lots. The streets in this portion of Santa Monica are Georgina, Marguerita, Alta, Carlyle, Brentwood Terrace and the “numbered streets” 4th, 7th, Lincoln, 9th, 10th, 11th, 12th, Euclid (which is where 13th would have been), 14th, 15th (the dividing line for Franklin versus Roosevelt Elementary schools), 16th, 17th (Which is where Gillettes’s Regent Square tract begins) 18th, 19th, 20th, 21st St, 21st Place (where Gillette’s tract ends), 22nd, 23rd, 24th, 25th and 26th.

Along with the area north of San Vicente and Santa Monica Canyon, this area constitutes the 90402 zip code. Houses are expensive here, among the most expensive in Los Angeles County and the country. The most expensive homes are located just north of San Vicente on La Mesa Drive. Most of the lot sizes are 7,500 square feet (700 m2) on 50′ X 150′ lots. The Gillette’s Regent Square tract, developed by King Gillette - the razor blade manufacturer, are 60′ wide lots.

North of San Vicente and north of Montana Avenue the streets are La Mesa Drive, La Mesa Way, Gale Place (Developed by one of the original area developers, Cecil Gale), Woodacres Road, Esparta Way, Ermont Place, Foxtail Drive, Larkin Place, Winnett Place and Adelaide Place.

West of 7th and East of Ocean Ave is the neighbor hood noted by 100′ x 220′ foot lots, some of which have been subdivided into 50X 220. Many of Santa Monica’s historically significant land marked home are located here, some of which are designated as such in National Registry.

North of Montana is served by 2 highly regarded public elementary schools – Franklin School for the residents on 15th through the west side of 26th and Roosevelt for the families on 14th Street down to Ocean Ave.

During Halloween, the streets near 16th Street and Georgina Avenue are famous for their prevalence of trick or treaters, parties, and sheer amount of people.

Montana Avenue

Montana Avenue is home to two elementary schools, a public library, and hundreds of upscale stores. There are three Starbucks (one inside Pavilions) two of which are located between 7th St. and 9th St., and one Peet’s Coffee and Tea among several independently owned cafes and coffee shops, including Caffe Luxxe. The businesses on this street are generally boutiques with a few national markets and banks. Montana Ave. is also home to The Aero Theater which is a repertory theater operated by The American Cinematheque. Every December and June the Montana Ave. Association hosts a neighborhood wide sale and festival where stores give holiday discounts, give free samples of food, or have clearance sales to make room for a new season of clothing. North of Montana (Alfred A. Knopf, Inc.) is also the title of the first book in the FBI Special Agent Ana Grey mystery series, written by Santa Monica resident, April Smith. Continuously in print since 1994, North of Montana became notorious for being a fast-paced thriller that also examines complex relationships between upper-class white women and the Hispanic caretakers of their children.

North of Wilshire

North of Wilshire, but South of Montana Avenue, is a primarily residential neighborhood. Laid out on a consistent grid of numbered streets, there are many mid-sized homes and condominiums. On its westernmost end this neighborhood includes a number of well preserved Victorian duplex houses otherwise unique in the city. Smaller Craftsman era bungalows line the east-west avenues like Idaho, Washington, and California. Lincoln Middle School is on 14th Street and California Ave. At the corner of Washington Avenue and 22nd is the original Gehry House, a deconstructivist masterpiece that signaled a dramatic shift in Frank Gehry’s architectural style. Real estate is exceptionally expensive in this neighborhood, albeit slightly less expensive than the more stately properties north of Montana.

Ocean Avenue

Ocean Avenue is a major thoroughfare in Santa Monica that runs along the Palisades Park, with a view of the Pacific Ocean. Ocean Avenue real estate is highly prized, as all residences have a full view of the beach and Pacific Ocean. South of California Ave are several hotels, restaurants, businesses, and homes. The Santa Monica Pier is located at Ocean Ave and Colorado Ave.

Downtown Santa Monica

Downtown Santa Monica is located south of California Avenue. The streets that make up downtown Santa Monica are Wilshire Boulevard, Arizona Avenue, Santa Monica Boulevard, Broadway, and Colorado Avenue from 2nd street to 14th street. The Third Street Promenade and Santa Monica Place are located in the heart of downtown. Many restaurants, tourist sites, and hotels are in downtown Santa Monica. In particular, Santa Monica Boulevard has an abundance of car dealerships.

Midtown Santa Monica

Comprising most of the 90404 zip code Midtown Santa Monica stretches from 14th street to Centinela at its westernmost and easternmost extremities, and Wilshire Boulevard to Olympic Boulevard in its north and south. Alternating between major thoroughfares and quieter residential lanes, Midtown is less congested than many other parts of the city. Planned on a regular grid, Midtown Santa Monica was once home to a number of picturesque Craftsman houses and brightly painted Victorians, though only occasional examples of these can still be found. In the early 1940s the first wave of suburbanization overtook this part of the city and many preexisting structures were razed and replaced with tiny square California Bungalows with green lawns and small, private backyards. In the 1960s a large number of these increasingly dilapidated structures were demolished in favor of four and five unit condominium complexes and apartments. The easternmost edge of Midtown Santa Monica, often referred to as the “college streets” where Princeton, Harvard, Yale, Stanford, and Berkeley intersect with Wilshire Boulevard, represents one of the city’s primary gateways. Commemorating the spot where the cities of Santa Monica and Los Angeles (Brentwood neighborhood) share a border is the “Wave” a sculpture by Tony De Lap arching over Wilshire Boulevard near Franklin.

Pico District

Before the 1960s, the neighborhood was much larger and was an important African-American enclave on the Westside, but when the Santa Monica Freeway opened in the 1960s, it resulted in the destruction of many residences and the relocation of a large number of families. Its boundaries are Lincoln Blvd to the west, Centinela Ave to the east, Colorado Ave to the north and Pico Blvd to the south. The Santa Monica Freeway runs through the area with access near both Lincoln Boulevard and Olympic Blvd. Santa Monica High School and Santa Monica College are both on Pico. Pico Blvd in Santa Monica has traffic lights at nearly every block, as well as local and middle class businesses. This is the most ethnically diverse area of Santa Monica, but this diversity is under threat as the area is rapidly becoming gentrified. While the city of Santa Monica has a very low crime rate compared to surrounding communities, this neighborhood is viewed by certain local activists as being the center of a modest, but growing, gang culture. The City of Santa Monica has been accused of ignoring the Pico District in the past, particularly when it came to issues regarding crime and gang activity.

Ocean Park

Ocean Park branch library, an originalCarnegie library.

Located in the southwest corner of Santa Monica is the Ocean Park neighborhood. This neighborhood has a mix of older smaller homes and apartment buildings and condos. Several housing towers are located along the beach. The area has a funky, artsy feel similar in manner to its neighbor Venice Beach. Many Santa Monica residents come to shop/browse on Main Street, home of many boutiques and restaurants. Main Street also hosts a weekly farmer’s market on Sundays. SMASH (an alternative school) and John Muir elementary schools are located in the neighborhood. Olympic High, an alternative high school, and Santa Monica High School are also located in the area.

Sunset Park

Sunset Park is a residential neighborhood located between Pico Boulevard and the southern city limits and Lincoln Boulevard and eastern city limits. It is composed primarily of single-family housing. Most of the homes are small one-story houses built in the 1940s for workers at the Douglas Aircraft Factory. Remodeled or rebuilt homes are upscale.

Sunset Park is part of the Santa Monica-Malibu Unified School District. Will Rogers and Grant elementary schools and John Adams Middle School are located in the neighborhood. Santa Monica College, a two-year community college, is also located in Sunset Park.

Santa Monica Airport, one of the busiest single-runway airports in the nation, is located along the southern borders of the neighborhood.

Clover Park is a large park in the area with recreation facilities.

Search Santa Monica Real Estate:

Showing properties 1 - 50 of 98. See more Real Estate in the city of Santa Monica.
(all data current as of 6/19/2013)

  1. 2 beds, 1 full, 2 part baths
    Home size: 1,371 sq ft
    Lot size: 7,501 sqft
    Year built: 1995
    Parking spots: 4
    Days on market: 2
  2. 3 beds, 2 full, 1 part baths
    Home size: 2,052 sq ft
    Lot size: 6,547 sqft
    Year built: 1953
    Days on market: 3
  3. 10 beds, 8 full baths
    Home size: 10,169 sq ft
    Lot size: 3.26 ac
    Year built: 1969
    Parking spots: 10
    Days on market: 3
  4. 2 beds, 2.5 baths
    Home size: 1,713 sq ft
    Lot size: 7,477 sqft
    Year built: 1979
    Days on market: 3
  5. 3 beds, 3.0 baths
    Home size: 1,753 sq ft
    Lot size: 38,608 sqft
    Year built: 1971
    Parking spots: 3
    Days on market: 6
  6. 6 beds, 4.5 baths
    Home size: 2,431 sq ft
    Lot size: 5,699 sqft
    Year built: 1925
    Parking spots: 3
    Days on market: 6
  7. 1 bed, 2 full baths
    Home size: 1,048 sq ft
    Lot size: 18,745 sqft
    Year built: 1964
    Parking spots: 2
    Days on market: 6
  8. 3 beds, 1.5 baths
    Home size: 1,135 sq ft
    Lot size: 7,015 sqft
    Year built: 1939
    Parking spots: 2
    Days on market: 6
  9. 2 beds, 2.5 baths
    Home size: 1,449 sq ft
    Lot size: 5,006 sqft
    Year built: 1971
    Parking spots: 2
    Days on market: 7
  10. 2 beds, 1.0 baths
    Home size: 852 sq ft
    Lot size: 7,046 sqft
    Year built: 1939
    Parking spots: 2
    Days on market: 7
  11. 2 beds, 1 full bath
    Lot size: 3,133 sqft
    Year built: 1923
    Parking spots: 1
    Days on market: 7
  12. 3 beds, 2.0 baths
    Home size: 1,485 sq ft
    Lot size: 11,962 sqft
    Year built: 1939
    Days on market: 7
  13. 4 beds, 1 full, 3 part baths
    Home size: 2,390 sq ft
    Lot size: 5,573 sqft
    Year built: 1941
    Days on market: 7
  14. 2 beds, 2.0 baths
    Home size: 2,018 sq ft
    Lot size: 8,957 sqft
    Year built: 1950
    Parking spots: 2
    Days on market: 7
  15. 3 beds, 3 full baths
    Home size: 2,948 sq ft
    Lot size: 4,071 sqft
    Year built: 2006
    Parking spots: 3
    Days on market: 7
  16. 5 beds, 5 full, 1 part baths
    Home size: 4,374 sq ft
    Lot size: 7,559 sqft
    Year built: 1989
    Parking spots: 2
    Days on market: 8
  17. 3 beds, 2 full baths
    Home size: 1,522 sq ft
    Year built: 1972
    Parking spots: 4
    Days on market: 8
  18. 2 beds, 2 full baths
    Home size: 1,502 sq ft
    Lot size: 4.50 ac
    Year built: 1987
    Parking spots: 4
    Days on market: 10
  19. 5 beds, 7 full baths
    Home size: 4,500 sq ft
    Lot size: 3,339 sqft
    Year built: 1915
    Parking spots: 3
    Days on market: 10
  20. 2 beds, 3 full baths
    Home size: 2,079 sq ft
    Lot size: 5,379 sqft
    Year built: 1924
    Parking spots: 2
    Days on market: 10
  21. 2 beds, 2.5 baths
    Home size: 1,450 sq ft
    Parking spots: 2
    Days on market: 13
  22. 3 beds, 2 full, 1 part baths
    Home size: 2,321 sq ft
    Lot size: 16,001 sqft
    Year built: 2003
    Days on market: 14
  23. 5 beds, 9.5 baths
    Home size: 11,000 sq ft
    Lot size: 11,373 sqft
    Year built: 2009
    Days on market: 14
  24. 3 beds, 2.5 baths
    Lot size: 7,000 sqft
    Days on market: 14
  25. 2 beds, 1 full, 2 part baths
    Home size: 1,422 sq ft
    Lot size: 8,013 sqft
    Year built: 2013
    Parking spots: 2
    Days on market: 15
  26. 2 beds, 2.0 baths
    Home size: 1,360 sq ft
    Year built: 1969
    Days on market: 16
  27. 3 beds, 2.0 baths
    Home size: 1,765 sq ft
    Lot size: 7,968 sqft
    Year built: 1951
    Parking spots: 2
    Days on market: 17
  28. 3 beds, 1 full, 1 part baths
    Home size: 1,542 sq ft
    Lot size: 23,426 sqft
    Year built: 1962
    Parking spots: 2
    Days on market: 17
  29. 5 beds, 4 full, 4 part baths
    Home size: 7,649 sq ft
    Lot size: 7,514 sqft
    Year built: 1991
    Days on market: 20
  30. 2 beds, 2 full baths
    Home size: 1,222 sq ft
    Year built: 1982
    Days on market: 20
  31. 5 beds, 5.5 baths
    Home size: 4,475 sq ft
    Lot size: 7,553 sqft
    Year built: 2006
    Parking spots: 2
    Days on market: 21
  32. 2 beds, 2.0 baths
    Home size: 1,667 sq ft
    Lot size: 30,007 sqft
    Year built: 1982
    Parking spots: 2
    Days on market: 21
  33. 6 beds, 4 full, 4 part baths
    Home size: 4,267 sq ft
    Lot size: 8,815 sqft
    Year built: 1927
    Parking spots: 8
    Days on market: 22
  34. 2 beds, 2 full baths
    Home size: 1,222 sq ft
    Lot size: 30,008 sqft
    Year built: 1982
    Parking spots: 4
    Days on market: 22
  35. 2 beds, 3.0 baths
    Home size: 1,286 sq ft
    Lot size: 7,491 sqft
    Year built: 2005
    Days on market: 22
  36. 4 beds, 3 full baths
    Home size: 2,356 sq ft
    Lot size: 7,482 sqft
    Year built: 1930
    Parking spots: 4
    Days on market: 26
  37. 3 beds, 1 full, 1 part baths
    Home size: 1,714 sq ft
    Lot size: 8,997 sqft
    Year built: 1948
    Days on market: 28
  38. 3 beds, 2.5 baths
    Home size: 2,220 sq ft
    Lot size: 8,023 sqft
    Year built: 1930
    Parking spots: 4
    Days on market: 28
  39. 3 beds, 2 full, 1 part baths
    Home size: 1,495 sq ft
    Lot size: 15,427 sqft
    Year built: 1974
    Parking spots: 4
    Days on market: 31
  40. 6 beds, 8.0 baths
    Home size: 11,000 sq ft
    Lot size: 33,801 sqft
    Year built: 1926
    Parking spots: 12
    Days on market: 31
  41. 2 beds, 1 full, 2 part baths
    Home size: 1,502 sq ft
    Lot size: 6,874 sqft
    Year built: 1981
    Days on market: 34
  42. 2 beds, 2.0 baths
    Home size: 1,390 sq ft
    Lot size: 3.08 ac
    Year built: 1980
    Days on market: 34
  43. 2 beds, 2.5 baths
    Home size: 1,639 sq ft
    Lot size: 5,006 sqft
    Year built: 1979
    Parking spots: 2
    Days on market: 35
  44. 1 bed, 1 full bath
    Home size: 728 sq ft
    Lot size: 2,502 sqft
    Year built: 1923
    Parking spots: 2
    Days on market: 35
  45. 2 beds, 2 full baths
    Home size: 1,427 sq ft
    Lot size: 4.50 ac
    Year built: 1987
    Days on market: 36
  46. 4 beds, 5 full, 1 part baths
    Home size: 4,617 sq ft
    Lot size: 7,883 sqft
    Year built: 1992
    Parking spots: 2
    Days on market: 37
  47. 3 beds, 3 full baths
    Home size: 2,660 sq ft
    Lot size: 6,939 sqft
    Year built: 1955
    Days on market: 38
  48. 2 beds, 2.0 baths
    Year built: 1972
    Parking spots: 2
    Days on market: 41
  49. 5 beds, 4.5 baths
    Home size: 3,955 sq ft
    Lot size: 8,939 sqft
    Year built: 1927
    Parking spots: 2
    Days on market: 42
  50. 4 beds, 3.5 baths
    Home size: 3,549 sq ft
    Lot size: 6,472 sqft
    Year built: 1922
    Parking spots: 3
    Days on market: 43

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Contact a Santa Monica Real Estate Agent

 

Premier Properties for Sale in Santa Monica-Exclusive Santa Monica Properties

Santa Monica has some of the BEST Premier Properties for Sale currently.

Premier Properties for Sale in Santa Monica:

Showing properties 1 - 33 of 33. See more Real Estate in the city of Santa Monica.
(all data current as of 6/19/2013)

  1. 7 beds, 13.0 baths
    Home size: 22,794 sq ft
    Lot size: 1.35 ac
    Days on market: 153
  2. 12 beds, 12.5 baths
    Home size: 14,000 sq ft
    Lot size: 3.35 ac
    Year built: 1932
    Days on market: 70
  3. 6 beds, 8.0 baths
    Home size: 11,000 sq ft
    Lot size: 33,801 sqft
    Year built: 1926
    Parking spots: 12
    Days on market: 31
  4. 8 beds, 13.0 baths
    Home size: 12,500 sq ft
    Lot size: 19,500 sqft
    Year built: 2011
    Days on market: 56
  5. 10 beds, 8 full baths
    Home size: 10,169 sq ft
    Lot size: 3.26 ac
    Year built: 1969
    Parking spots: 10
    Days on market: 3
  6. 4 beds, 6.0 baths
    Home size: 7,801 sq ft
    Lot size: 21,075 sqft
    Year built: 1926
    Days on market: 164
  7. 5 beds, 9.5 baths
    Home size: 11,000 sq ft
    Lot size: 11,373 sqft
    Year built: 2009
    Days on market: 14
  8. 5 beds, 4 full, 4 part baths
    Home size: 7,649 sq ft
    Lot size: 7,514 sqft
    Year built: 1991
    Days on market: 20
  9. 6 beds, 4.5 baths
    Home size: 2,431 sq ft
    Lot size: 5,699 sqft
    Year built: 1925
    Parking spots: 3
    Days on market: 6
  10. 5 beds, 7 full baths
    Home size: 4,500 sq ft
    Lot size: 3,339 sqft
    Year built: 1915
    Parking spots: 3
    Days on market: 10
  11. 3 beds, 4 full baths
    Home size: 3,291 sq ft
    Lot size: 2,524 sqft
    Year built: 2002
    Parking spots: 4
    Days on market: 142
  12. 5 beds, 5.5 baths
    Home size: 5,000 sq ft
    Lot size: 8,699 sqft
    Year built: 1989
    Parking spots: 2
    Days on market: 62
  13. 5 beds, 5.0 baths
    Home size: 5,401 sq ft
    Lot size: 8,727 sqft
    Year built: 1997
    Parking spots: 2
    Days on market: 111
  14. 5 beds, 5.5 baths
    Home size: 4,475 sq ft
    Lot size: 7,553 sqft
    Year built: 2006
    Parking spots: 2
    Days on market: 21
  15. 6 beds, 5 full, 1 part baths
    Home size: 4,698 sq ft
    Lot size: 7,499 sqft
    Year built: 1989
    Parking spots: 4
    Days on market: 91
  16. 4 beds, 3.5 baths
    Home size: 4,068 sq ft
    Lot size: 8,934 sqft
    Year built: 1927
    Parking spots: 2
    Days on market: 44
  17. 5 beds, 5.5 baths
    Home size: 4,632 sq ft
    Lot size: 8,689 sqft
    Year built: 1933
    Days on market: 55
  18. 5 beds, 4.5 baths
    Home size: 3,955 sq ft
    Lot size: 8,939 sqft
    Year built: 1927
    Parking spots: 2
    Days on market: 42
  19. 5 beds, 5 full, 1 part baths
    Home size: 4,374 sq ft
    Lot size: 7,559 sqft
    Year built: 1989
    Parking spots: 2
    Days on market: 8
  20. 5 beds, 4.0 baths
    Home size: 4,700 sq ft
    Lot size: 6,904 sqft
    Year built: 1949
    Parking spots: 4
    Days on market: 108
  21. 4 beds, 4.5 baths
    Home size: 6,585 sq ft
    Lot size: 8,158 sqft
    Year built: 1992
    Days on market: 619
  22. 5 beds, 4.5 baths
    Home size: 4,044 sq ft
    Lot size: 7,503 sqft
    Year built: 2006
    Parking spots: 2
    Days on market: 58
  23. 4 beds, 3.0 baths
    Home size: 3,567 sq ft
    Lot size: 8,319 sqft
    Year built: 1929
    Parking spots: 2
    Days on market: 91
  24. 3 beds, 4.0 baths
    Home size: 3,041 sq ft
    Lot size: 7,493 sqft
    Year built: 1922
    Parking spots: 2
    Days on market: 49
  25. 4 beds, 5 full, 1 part baths
    Home size: 4,617 sq ft
    Lot size: 7,883 sqft
    Year built: 1992
    Parking spots: 2
    Days on market: 37
  26. 3 beds, 3 full baths
    Home size: 2,948 sq ft
    Lot size: 4,071 sqft
    Year built: 2006
    Parking spots: 3
    Days on market: 7
  27. 5 beds, 4.5 baths
    Home size: 3,683 sq ft
    Lot size: 7,505 sqft
    Year built: 1928
    Parking spots: 3
    Days on market: 134
  28. 3 beds, 1 full, 1 part baths
    Home size: 1,714 sq ft
    Lot size: 8,997 sqft
    Year built: 1948
    Days on market: 28
  29. 2 beds, 1.0 baths
    Home size: 1,200 sq ft
    Lot size: 5,951 sqft
    Year built: 1946
    Days on market: 347
  30. 3 beds, 3.0 baths
    Home size: 3,184 sq ft
    Lot size: 8,982 sqft
    Year built: 1928
    Days on market: 69
  31. 4 beds, 3 full baths
    Home size: 2,356 sq ft
    Lot size: 7,482 sqft
    Year built: 1930
    Parking spots: 4
    Days on market: 26
  32. 2 beds, 3 full baths
    Home size: 2,079 sq ft
    Lot size: 5,379 sqft
    Year built: 1924
    Parking spots: 2
    Days on market: 10
  33. 6 beds, 4 full, 4 part baths
    Home size: 4,267 sq ft
    Lot size: 8,815 sqft
    Year built: 1927
    Parking spots: 8
    Days on market: 22

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

Buying a Home in Santa Monica: Santa Monica House Buying Tips to Get a Good Deal

Whether it’s a buyer’s market or a seller’s market, all homebuyers have one thing in common: they don’t want to get ripped off. But how do you know if you’re getting a fair deal on the home you’re prepared to place an offer on? Read on to find out how to evaluate the price of any home so you can make a sound investment decision.

SEARCH HOMES FOR SALE IN SANTA MONICA

Research Recently Sold, Comparable Properties

A comparable property is one that is similar in size, condition, neighborhood and amenities. One 1,200-square-foot, recently remodeled, one-story home with an attached garage should be listed at roughly the same price as a similar 1,200-square-foot home in the same neighborhood. That said, you can also gain valuable information by looking at how the property you’re interested in compares in price to different properties. Is it considerably less expensive than larger or nicer properties? Is it more expensive than smaller or less attractive properties? Your real estate agent is the best source of accurate, up-to-date information on comparable properties (also known as “comps”). You can also look at comps that are currently in escrow, meaning that the property has a buyer but the sale is not yet complete.

In this case, you can actually visit other homes and get a true sense of how their size, condition and amenities compare to the property you’re considering buying. Then you can compare prices and see what seems fair. Reasonable sellers know that they must price their properties similarly to market comparables if they want to be competitive.

Look at Comparables That Were on the Market Recently but Didn’t Sell

If the house you’re considering buying is priced similarly to homes that were taken off the market because they didn’t sell, the property you’re considering may be overpriced. Also, if there are a lot of similar properties on the market, prices should be lower, especially if those properties are vacant. Check out the unsold inventory index for information about current supply and demand in the housing market. This index attempts to measure how long it will take for all the homes currently on the market to be sold given the rate at which homes are currently selling.

SANTA MONICA REAL ESTATE MARKET CONDITIONS AND LATEST STATISTICS

Consider Market Conditions and Appreciation Rates in the Area

Have prices been going up recently or going down? In a seller’s market, properties will probably be somewhat overpriced, and in a buyer’s market, properties are apt to be underpriced. It all depends on where the market currently sits on the real estate boom-and-bust curve. Even in a seller’s market, properties may not be overpriced if the market is on the upswing and not near its peak. Conversely, properties can be overpriced even in a buyer’s market if prices have only recently begun to decline. Of course, it can be difficult to see the peaks and valleys until they’re history. Also consider the impact of mortgage interest rates and the job market on the economy.

Are You Buying a For-Sale-by-Owner Property?

A for-sale-by-owner (FSBO) property should be discounted to reflect the fact that there is no 6% (on average) seller’s agent commission, something that many sellers don’t take into consideration when setting their prices. Another potential problem with FSBOs is that the seller may not have had an agent’s guidance in setting a reasonable price in the first place, or may have been so unhappy with an agent’s suggestion as to decide to go it alone. In any of these situations, the property may be overpriced.

What Is the Expected Appreciation for the Area?

The future prospects for your chosen neighborhood can have an impact on price. If positive development is planned, such as a major mall being built, the extension of light rail to the neighborhood, or a large new company moving to the area, the prospects of future home appreciation look good. Even small developments like plans to add more roads or build a new school can be a good sign. On the other hand, if grocery stores and gas stations are closing down, the home price should be lower to reflect that, and you should probably reconsider moving to the area. The development of new housing can go either way – it can mean that the area is hot and is likely to be in high demand in the future, increasing your home’s value, or it can result in a surplus of housing, which will lower the value of all the homes in the area.

What Is Your Real Estate Agent’s Opinion?

Without even analyzing the data, your real estate agent is likely to have a good gut sense (thanks to experience) of whether the property is priced appropriately or not and what a fair offering price might be.

FIND A SANTA MONICA REAL ESTATE AGENT

Does the Price Feel Fair to You?

If you’re not happy with the property, the price will never seem fair, even if you get a bargain. Even if you pay a little over market value for a home you love, in the end, you won’t really care.

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Test the Waters

Even in a seller’s market, you can always offer below list price just to see how the seller reacts. Some sellers list properties for the lowest price they’re willing to take because they don’t want to negotiate, while others list their homes for higher than they expect to earn because they expect to negotiate downward or they want to see if someone will make an offer at the higher price. If the seller accepts your price or counteroffer, you’ll get an indication that the property probably wasn’t worth what it was listed for and you have a good chance at getting a fair deal. On the other hand, some sellers may underprice their properties in the hope of generating lots of interest and sparking a bidding war. Unlike on eBay, however, the seller doesn’t have to simply sell to the highest bidder: sellers can reject any and all offers that don’t meet their expectations. If you have your heart set on the property, be warned that some sellers may be offended by lowball offers and refuse to work with you if you chose to employ such a tactic. Also, when you offer less than the list price, you may increase your risk of being outbid by another buyer.

Get an Appraised Value and a Home Inspection

Once you’re under contract, the lender will have an appraisal of the property done (usually at your expense) to protect its financial interests. The lender wants to make sure that if you stop making your mortgage payments, it’ll be able to get a reasonable amount of its money back when it forecloses on your home. If the appraisal comes in at considerably less than your offering price, you may not be getting a fair deal. In fact, the lender may not even let you purchase the home unless the seller is willing to bring the price down. A home inspection, which is completed after you’re under contract, will also give you a way to gauge your offering price. If the home needs many expensive repairs, you’ll want to ask the seller to make the repairs for you or discount the purchase price so you can make them yourself.

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Find out what your home is worth now.  

If you are thinking of selling your Santa Monica or Westside home or would just like to find out what your home is currently worth, fill in all bedrooms, bath, property address, and full contact information below and a detailed home comparative market analysis report will be created for your home right away.

Click Here to Get Your Current Home Value

Conclusion

When you’re shopping for a home, it’s important to understand how homes are priced so you can make a sound investment and reach a fair agreement with the seller. Using these tips, you’ll be able to make a confident and well-informed offer on any home in any market.

Heather Paul- “Santa Monica Real Estate Agent” Specializes in High End Luxury Real Estate Home Sales

If you are Thinking of Buying a Home in Los Angeles or Selling your Santa Monica Luxury High End Real Estate

Contact a Top Santa Monica Real Estate Agent Today!

Santa Monica Real Estate Agent,Santa Monica Realtor
(310)586-0364 or (424)625-1037

Coldwell Banker Residential Brokerage

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Santa Monica Luxury Homes-Luxury Real Estate in Santa Monica

SEARCH ALL SANTA MONICA LUXURY HOMES BELOW

NEW LISTINGS-SANTA MONICA LUXURY HOMES-LUXURY REAL ESTATE IN SANTA MONICA, CA

Showing properties 1 - 50 of 75. See more Real Estate in the city of Santa Monica.
(all data current as of 6/19/2013)

  1. 3 beds, 2 full, 1 part baths
    Home size: 2,052 sq ft
    Lot size: 6,547 sqft
    Year built: 1953
    Days on market: 3
  2. 10 beds, 8 full baths
    Home size: 10,169 sq ft
    Lot size: 3.26 ac
    Year built: 1969
    Parking spots: 10
    Days on market: 3
  3. 3 beds, 3.0 baths
    Home size: 1,753 sq ft
    Lot size: 38,608 sqft
    Year built: 1971
    Parking spots: 3
    Days on market: 6
  4. 6 beds, 4.5 baths
    Home size: 2,431 sq ft
    Lot size: 5,699 sqft
    Year built: 1925
    Parking spots: 3
    Days on market: 6
  5. 1 bed, 2 full baths
    Home size: 1,048 sq ft
    Lot size: 18,745 sqft
    Year built: 1964
    Parking spots: 2
    Days on market: 6
  6. 3 beds, 1.5 baths
    Home size: 1,135 sq ft
    Lot size: 7,015 sqft
    Year built: 1939
    Parking spots: 2
    Days on market: 6
  7. 2 beds, 1 full bath
    Lot size: 3,133 sqft
    Year built: 1923
    Parking spots: 1
    Days on market: 7
  8. 4 beds, 1 full, 3 part baths
    Home size: 2,390 sq ft
    Lot size: 5,573 sqft
    Year built: 1941
    Days on market: 7
  9. 2 beds, 2.0 baths
    Home size: 2,018 sq ft
    Lot size: 8,957 sqft
    Year built: 1950
    Parking spots: 2
    Days on market: 7
  10. 3 beds, 3 full baths
    Home size: 2,948 sq ft
    Lot size: 4,071 sqft
    Year built: 2006
    Parking spots: 3
    Days on market: 7
  11. 5 beds, 5 full, 1 part baths
    Home size: 4,374 sq ft
    Lot size: 7,559 sqft
    Year built: 1989
    Parking spots: 2
    Days on market: 8
  12. 2 beds, 2 full baths
    Home size: 1,502 sq ft
    Lot size: 4.50 ac
    Year built: 1987
    Parking spots: 4
    Days on market: 10
  13. 5 beds, 7 full baths
    Home size: 4,500 sq ft
    Lot size: 3,339 sqft
    Year built: 1915
    Parking spots: 3
    Days on market: 10
  14. 2 beds, 3 full baths
    Home size: 2,079 sq ft
    Lot size: 5,379 sqft
    Year built: 1924
    Parking spots: 2
    Days on market: 10
  15. 3 beds, 2 full, 1 part baths
    Home size: 2,321 sq ft
    Lot size: 16,001 sqft
    Year built: 2003
    Days on market: 14
  16. 5 beds, 9.5 baths
    Home size: 11,000 sq ft
    Lot size: 11,373 sqft
    Year built: 2009
    Days on market: 14
  17. 3 beds, 2.5 baths
    Lot size: 7,000 sqft
    Days on market: 14
  18. 2 beds, 1 full, 2 part baths
    Home size: 1,422 sq ft
    Lot size: 8,013 sqft
    Year built: 2013
    Parking spots: 2
    Days on market: 15
  19. 3 beds, 2.0 baths
    Home size: 1,765 sq ft
    Lot size: 7,968 sqft
    Year built: 1951
    Parking spots: 2
    Days on market: 17
  20. 5 beds, 4 full, 4 part baths
    Home size: 7,649 sq ft
    Lot size: 7,514 sqft
    Year built: 1991
    Days on market: 20
  21. 5 beds, 5.5 baths
    Home size: 4,475 sq ft
    Lot size: 7,553 sqft
    Year built: 2006
    Parking spots: 2
    Days on market: 21
  22. 2 beds, 2.0 baths
    Home size: 1,667 sq ft
    Lot size: 30,007 sqft
    Year built: 1982
    Parking spots: 2
    Days on market: 21
  23. 6 beds, 4 full, 4 part baths
    Home size: 4,267 sq ft
    Lot size: 8,815 sqft
    Year built: 1927
    Parking spots: 8
    Days on market: 22
  24. 4 beds, 3 full baths
    Home size: 2,356 sq ft
    Lot size: 7,482 sqft
    Year built: 1930
    Parking spots: 4
    Days on market: 26
  25. 3 beds, 1 full, 1 part baths
    Home size: 1,714 sq ft
    Lot size: 8,997 sqft
    Year built: 1948
    Days on market: 28
  26. 3 beds, 2.5 baths
    Home size: 2,220 sq ft
    Lot size: 8,023 sqft
    Year built: 1930
    Parking spots: 4
    Days on market: 28
  27. 6 beds, 8.0 baths
    Home size: 11,000 sq ft
    Lot size: 33,801 sqft
    Year built: 1926
    Parking spots: 12
    Days on market: 31
  28. 1 bed, 1 full bath
    Home size: 728 sq ft
    Lot size: 2,502 sqft
    Year built: 1923
    Parking spots: 2
    Days on market: 35
  29. 2 beds, 2 full baths
    Home size: 1,427 sq ft
    Lot size: 4.50 ac
    Year built: 1987
    Days on market: 36
  30. 4 beds, 5 full, 1 part baths
    Home size: 4,617 sq ft
    Lot size: 7,883 sqft
    Year built: 1992
    Parking spots: 2
    Days on market: 37
  31. 3 beds, 3 full baths
    Home size: 2,660 sq ft
    Lot size: 6,939 sqft
    Year built: 1955
    Days on market: 38
  32. 5 beds, 4.5 baths
    Home size: 3,955 sq ft
    Lot size: 8,939 sqft
    Year built: 1927
    Parking spots: 2
    Days on market: 42
  33. 4 beds, 3.5 baths
    Home size: 3,549 sq ft
    Lot size: 6,472 sqft
    Year built: 1922
    Parking spots: 3
    Days on market: 43
  34. 4 beds, 3.5 baths
    Home size: 4,068 sq ft
    Lot size: 8,934 sqft
    Year built: 1927
    Parking spots: 2
    Days on market: 44
  35. 2 beds, 3.0 baths
    Home size: 1,745 sq ft
    Lot size: 1.32 ac
    Year built: 1971
    Days on market: 45
  36. 3 beds, 4.0 baths
    Home size: 3,041 sq ft
    Lot size: 7,493 sqft
    Year built: 1922
    Parking spots: 2
    Days on market: 49
  37. 4 beds, 2.5 baths
    Home size: 1,629 sq ft
    Lot size: 24,024 sqft
    Year built: 1979
    Parking spots: 2
    Days on market: 51
  38. 3 beds, 3.0 baths
    Home size: 1,680 sq ft
    Lot size: 4,836 sqft
    Year built: 1940
    Days on market: 52
  39. 5 beds, 5.5 baths
    Home size: 4,632 sq ft
    Lot size: 8,689 sqft
    Year built: 1933
    Days on market: 55
  40. 2 beds, 1.5 baths
    Home size: 1,114 sq ft
    Lot size: 6,001 sqft
    Parking spots: 2
    Days on market: 55
  41. 8 beds, 13.0 baths
    Home size: 12,500 sq ft
    Lot size: 19,500 sqft
    Year built: 2011
    Days on market: 56
  42. 2 beds, 2.5 baths
    Home size: 1,609 sq ft
    Year built: 1990
    Days on market: 57
  43. 5 beds, 4.5 baths
    Home size: 4,044 sq ft
    Lot size: 7,503 sqft
    Year built: 2006
    Parking spots: 2
    Days on market: 58
  44. 5 beds, 5.5 baths
    Home size: 5,000 sq ft
    Lot size: 8,699 sqft
    Year built: 1989
    Parking spots: 2
    Days on market: 62
  45. 3 beds, 2.5 baths
    Year built: 1996
    Parking spots: 3
    Days on market: 63
  46. 2 beds, 2.0 baths
    Home size: 1,430 sq ft
    Year built: 1976
    Parking spots: 2
    Days on market: 63
  47. 2 beds, 1.0 baths
    Home size: 884 sq ft
    Lot size: 7,495 sqft
    Year built: 1923
    Days on market: 65
  48. 2 beds, 2 full baths
    Home size: 1,541 sq ft
    Lot size: 22,461 sqft
    Year built: 1963
    Parking spots: 1
    Days on market: 66
  49. 3 beds, 3.0 baths
    Home size: 3,184 sq ft
    Lot size: 8,982 sqft
    Year built: 1928
    Days on market: 69
  50. 2 beds, 2.0 baths
    Home size: 1,585 sq ft
    Lot size: 22,461 sqft
    Year built: 1963
    Days on market: 69

Listing information deemed reliable but not guaranteed. Read full disclaimer.

4BR SANTA MONICA BEACH HOUSE FOR RENT-SIMPLY STUNNING!

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Steps to the Beach, Close to the 3rd Street Promenade, Excellent Shopping, Great Restaurants, and So Much More…

 

 

2219 OCEAN AVE, Santa Monica, CA 90405 (MLS # 09348291)

(all data current as of 6/19/2013)
Price $100,000
Beds 4
Baths 2 three-quarter, 2 half
Home size 1,950 sq ft
Lot Size 5,196 sq ft
Days on Market 1,588;
Directly across from ocean with park and bluff, bike path, walking path, 400 feet of sand, lifeguard tower and ocean. New systems and interior 4 BD/4 BA The Cottage, ADA Accessible is not just a destination, it's an experience due to 100% Location. Historic Landmark in the city in the middle of EVERYTHING. Located directly across from Santa Monica Beach, Heal the Bay "A" RATED OCEAN WATER, a SWIMMERS PARADISE. Walking distance to everything else that Santa Monica has to offer, dream come true location, you could not ask for a more central BEACH HOUSE to relax, enjoy the California Lifestyle, experience the best Los Angeles County has to offer! Historic Landmark #74 in the City of Santa Monica and the 2009 Preservation Award Winner presented by The City of Santa Monica Conservancy. Daily rental this summer includes breakfast. Minimum is a 3 night stay. First legal B&B in Santa Monica. Daily summer rate is $3,500/day, plus TOT 14% (31+ day stay exempt from tax) Learn to surf now

Property Type(s): Single Family, Residential Lease

Last Updated 5/22/2013 Tract n/a
Year Built 1905 Community Santa Monica
Garage Spaces 2.0 County Los Angeles
Total Parking 4 Walk Score ® 83

Price History

Prior to Feb 17, '11 $22,000
Feb 17, '11 - Jun 7, '11 $27,000
Jun 7, '11 - Jul 7, '11 $25,000
Jul 7, '11 - Nov 16, '11 $30,000
Nov 16, '11 - Jan 9, '12 $20,000
Jan 9, '12 - Jan 20, '13 $37,500
Jan 20, '13 - Today $100,000

Schools

School District Other
Elementary School N/A
Middle School N/A
High School N/A

Additional Details

Available Date 2013-05-01 Building Size 1950
CARETS Listing Status Active Units Total In Complex 1
Number Of Remote Controls 0 Total Floors 1
Bath Half 2 Bath Three Quarter 2
Unit Floor In Building 0 Deposit Key 20.0
Deposit Security 1000.0 HOAFee1 0.0
Zoning SMR4YY Covered Spaces Total 0
Garage Spaces Total 2.0 Open Other Spaces Total 2
Parking Spaces Total 2 Management Company Name HEIDT TORRES CO.
Rent Excludes POWER, GAS AND ELECTRICITY Tax Parcel Number 4289022003
Unit Location N/A

Features

Appliances Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
Association Amenities Onsite Property Management
Association Rules Call for Rules
Bathroom Features Granite (N)
Building Structure Style Cottage
Common Walls Detached/No Common Walls
Cooking Appliances Gas Grill, Microwave, Oven-Gas, Range, Range Hood
Cooling Type Air Conditioning, Ceiling Fan(s), Zoned A/C
Eating Areas Dining Area
Floor Material Hardwood
Furnished Furnished
Garage Spaces Total 2.0
Heating Type Forced Air, Zoned
Interior Features Bar, Furnished, Phone System, Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting
Kitchen Features Gourmet Kitchen (N), Granite Counters (N), Open to Family Room, Skylight(s) (N)
Laundry Locations Inside
Lease Term Time Span Months
Legal Disclosures Building Plans Available, CC and R, Coastal Zone, Historical Designation, Seller/Owner/Principal RE Licensed
Levels One Level
Listing Status Active
ListingAgreement Exclusive Right To Sell/Lease
Lot Location Ocean Front
Lot Size Source Developer
Parking Type Side by Side
Patio Features Concrete Slab, Patio Open
Playing Courts Community, Tennis Court Private
Pool Descriptions No Pool
Roofing Composition
Rooms Entry, Great Room, Library, Sun Room
Security Safety None (N)
Sewer In Street (N)
Spa Descriptions None
Sprinklers Sprinkler System
Square Footage Source Seller
Tax Mello Roos No
TVServices Cable TV
View Ocean View
Windows Window Blinds

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

(view all details for MLS #09348291)

Relocating and Moving to Santa Monica, California

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Santa Monica Real Estate

Are you relocation or moving to Santa Monica, Ca in the near future?  Relocating is a huge under taking, thoughtful planning is crucial for a smooth transition for moving a new area.  Santa Monica, Ca is a great place to move to.  It offers some of the BEST weather on the West Coast with it’s beautiful beaches, world famous Santa Monica Pier, outstanding shopping all around, and fabulous places to eat.  However, moving to Santa Monica offers you many other great aspects to consider:  Santa Monica has many famous art galleries and some of the most top-rated schools in the State of California.

If you are thinking of moving or relocating to Santa Monica, CA, it is highly recommended to seek the help of a local Santa Monica Real Estate Agent or Santa Monica Realtor to help you with your home search.

One great resource to get FREE Santa Monica relocation information is to visit the website below and click on contact me, leave your name, email address, and contact information and when you are looking to move or relocate to Santa Monica, they will send you out a complete Santa Monica Relocation Package that provides great details about the local area, homes and condos for sale in Santa Monica, transportation information, and much, much more..
www.SantaMonicaWestsideDreamHomes.com

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).

Date last updated: 6/19/13 12:18 PM PDT

This IDX solution is (c) Diverse Solutions 2013.