tomo logo

$694,000

Beds
1
Baths
1.0
sq ft
643

2721 2nd St Unit 112, Santa Monica, CA 90405

2721 2nd St Unit 112

Santa Monica, CA 90405

  • 31 days on market
This rare and stylish corner unit in the heart of Ocean Park offers the perfect blend of quality, convenience, and beach living. Located just blocks from the sand and a short stroll to vibrant Main Street, this updated 1-bedroom, 1-bathroom condo features an open floor plan with original hardwood floors throughout, giving it a timeless, classic feel. The recently renovated kitchen is a highlight, complete with sleek stainless steel appliances and durable quartz countertops, perfect for everyday cooking and entertaining. The spacious living area provides an ideal space to relax, while the bedroom offers a comfortable retreat. With the added bonus of 2-car tandem parking, a gated entry, and a secure complex, this unit provides both convenience and peace of mind. Building amenities include a heated pool, hot tub, sauna, gym, and pool table, all with low HOA dues. Just 1 block from Main Street, 2 blocks from Santa Monica's famous beaches, and a short bike ride to Abbot Kinney Blvd, 3rd Street Promenade, and Whole Foods, this unit offers the ultimate in coastal living. Don't miss out on this opportunity to own in one of Santa Monica's most desirable neighborhoods!

Details

Property type

Condominium

Est. home value

$730,714

Property condition

Updated/Remodeled

Lot size

0.5976 acres

Price per sq ft

$1,080

Year built

1972

Monthly HOA fee

$542.06

Price History

01/23/2025
CLAW

CLAW #25487707

Listed
$694,000
+2.81%
02/24/2021
CRMLS

CRMLS #SB21013092

Sold
$675,000

Schools & Community

Neighborhood: 

Ocean Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$147,780
Asking price
$694,000
Closing costs (~8% of asking)
-$55,520
Est. remaining loan balance
-$490,700
Cash to seller
$147,780

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cibc Bank Usa

Loan start date

January 2021

Original loan amount

$540,000

Est. remaining balance

$490,700

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Eason Abbott

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 6:50 AM

Listing updated: 01/31/2025 at 5:25 AM

Listed by: Angelo Fierro, Compass Phone #: (310) 652-6285

MLS: CLAW #25487707

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