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For sale

Santa Monica condo a mile from the beach

Santa Monica, Los AngelesArea guide

Ref HV-10041
$1.4M

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Bedrooms
2
Bathrooms
2
Size
1,300 sq ft
Parking
1 space · Garage
Year built
2008
Condition
Renovated

About this property

A two-bedroom corner condo with a private balcony and subterranean parking, a mile from the beach and close to the Expo Line.

The condo has 2 bedrooms and 2 bathrooms across 1,300 square feet. Features include Private balcony and corner light, Two parking spaces and pool and gym in the building.

Santa Monica is a beachfront city west of Los Angeles with a walkable downtown, a pier and some of the area’s best-ranked schools. The nearest transport link is Downtown Santa Monica (E Line) (rail), and Third Street Promenade is the main place to shop and eat.

The asking price is $1,395,000. Monthly HOA or condo fees are $1,235. Annual property tax is about $16,040. Budget roughly 3.5% of the price for closing costs, taxes and legal fees.

To arrange a viewing or ask about the next steps, contact Ethan Walsh at Halvenor Realty.

  • Private balcony and corner light
  • Two parking spaces
  • Pool and gym in the building
  • Close to the Expo Line

Amenities

Leisure

  • Swimming pool
  • Gym

Outdoor

  • Balcony

Building

  • Elevator
  • Garage

Interior

  • Central air conditioning
  • In-unit laundry
  • Storage room

Cost breakdown

Estimated purchase cost
Purchase price$1,395,000
Estimated closing costs (3.5%)Taxes, legal and registration fees$48,825
Estimated total$1,443,825
Estimated monthly cost
Mortgage (principal & interest)20% down, 6.5% over 30 years$7,054
Property taxAnnual tax ÷ 12$1,337
HOA fee$1,235
Estimated per month$9,626/mo

Figures come from the seller or agent and are estimates, not a quote. Taxes, fees and rates change; confirm the final amounts before you commit.

Disclosures & verification

Tenure
Condominium
Heating
Gas
Cooling
Central air
Built / renovated
Built 2008 · Renovated 2023
HOA / community fee
$1,235 per month
Property tax
$16,040 per year
Verification
This listing has not been verified by our team yet. Ask us what to check before you commit.

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Floor plans

Floor plan · 121 m² (1,302 sq ft)

Location

Unit 5C, 85 Reservoir Drive, Santa Monica, Los Angeles · Near Downtown Santa Monica (E Line)

Median sale price
$1,650,000
Change, year on year
+1.5%
Typical days on market
48
Demand
High
Read the Santa Monica area guide

Mortgage calculator

20%
30 years

Estimated monthly repayment

$7,054

Loan amount
$1,116,000
Down payment
$279,000
Total interest
$1,423,396
Total repaid
$2,539,396

Year 1: $12,474 principal and $72,173 interest. Over 30 years you pay $1,423,396 in interest.

Get pre-qualified

This is an estimate, not an offer or a credit decision. It excludes taxes, insurance and fees; actual rates depend on your lender and circumstances. Defaults reflect typical terms in this country.

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