$1,345,000
Est. $7,532/mo1121 Princeton Street, Santa Monica, CA 90403
About this home
One or more photo(s) has been virtually staged. PRICE IMPROVEMENT. Seller is motivated and ready to move quickly for the right offer. Welcome to this 2-bedroom, 3-bathroom townhouse in a charming 5-unit Spanish-style building on a quiet, tree-lined street in the prestigious college streets of Santa Monica. Currently leased through November 2026 at $3,850/month, this property offers immediate rental income for investors or a future primary residence for buyers planning ahead. Ideally located blocks from top-rated schools and all the boutique shopping, cafes and restaurants that Montana Ave has to offer, not to mention, just a short drive to the beach! This end unit features a desirable layout with hardwood floors throughout. The kitchen opens to a combined dining and living area that flows to a private patio. As an end unit, the property backs directly onto a communal yard, perfect for pet owners seeking outdoor space. The main level includes a powder room and direct access to an enclosed two-car garage with ample storage and secure, gated entry exclusive to residents. Upstairs, the primary suite offers soaring ceilings and an en-suite bathroom with dual vanities, tile finishes, a spacious shower, and a soaking tub. The second bedroom includes its own en-suite bath. An upstairs laundry area adds convenience. Located North of Wilshire in the highly sought-after Franklin Elementary School boundary, just a stroll to Douglas Park, Montana Avenue, and the Brentwood Country Mart. This end-unit townhouse presents a rare opportunity in one of Santa Monica's most desirable neighborhoods whether as an income-producing investment or future dream home. Tenant-occupied with lease through November 2026. Showings available with 24-hour notice.
infoProperty Facts
Bedrooms
2
Bathrooms
2.5
Square Feet
1,587
Property Type
Condominium
Days on Market
65
HOA Fee
$275/mo
Garage Total
2
MLS #
25619629
chairInterior Details
General Interior
Interior Features
Breakfast Bar
Flooring
Carpet, Wood
Fireplace
Living Room
Kitchen & Appliances
Appliances
Dishwasher, Disposal, Refrigerator, Dryer
Laundry
Laundry Closet
garageParking
Total Parking Spaces
2
Garage Spaces
2
deckExterior & Lot
Building & Construction
Security
Gated Community, Key Card Entry
diversity_3Community & HOA
Association Info
HOA Amenities
Maintenance Grounds, Trash, Water
Community Features
Gated
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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