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Active65 days on market

$1.34M

1121 Princeton Street #5, SANTA MONICA, CA 90403

Condominium

2 Beds
3 Baths
1,587 Sqft
2 Garage

Description

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.

Property Details

Bedrooms

2

Bathrooms

3

Living Area

1,587 sqft

Lot Size

7,851 sqft

Year Built

1989

Garage

2 car

Stories

2

View

Yes

Financial

HOA Fee

$275/Monthly

Price History

-3.6%
Nov 17, 2025Jan 6, 2026$1.3M$1.3M$1.4M$1.4M

Listed

Nov 17, 2025

$1.40M

Price Change

Jan 6, 2026

$1.34M

$-50,000

Current List Price$1.34M

Location

Google
Map data ©2026 Google
Map data ©2026 Google

Location Scores

Computing location scores...

What's Nearby

Restaurants, parks, schools, and more within 3 km. Powered by Google Places.

Greenview Thai

Greenview Thai

4.2
(174)
$$

11870 Santa Monica Boulevard, Los Angeles

Cafe 50's Diner - West LA

Cafe 50's Diner - West LA

4.4
(2,009)
$$

11623 Santa Monica Boulevard, Los Angeles

Busby's West

Busby's West

4.2
(912)
$$$

3110 Santa Monica Boulevard, Santa Monica

Katsuya Brentwood

Katsuya Brentwood

4.4
(732)
$$$$

11777 San Vicente Boulevard, Los Angeles

Father's Office

Father's Office

4.3
(877)
$$$

1018 Montana Avenue, Santa Monica

The Upper West

The Upper West

4.6
(853)
$$$$

3321 Pico Boulevard, Santa Monica

Fresh Brothers Pizza Brentwood

Fresh Brothers Pizza Brentwood

3.8
(136)
$$$

11740 San Vicente Boulevard, Los Angeles

Q's Billiard Club & Restaurant

Q's Billiard Club & Restaurant

4.2
(814)
$$$

11835 Wilshire Boulevard, Los Angeles

8 places within 3 km · Google Places

8
8
8
8
8

Listed by Hannah Laird — Westside Estate Agency Inc. (MLS# CLW-C141081)

MLS# 25619629

Listing data provided by CRMLS (California Regional Multiple Listing Service). Based on information from CRMLS as of 3/7/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Rose DistrictRose District Real Estate — DRE# 02356332

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Estimate your monthly payment

Estimated Monthly Payment

$8,586.83

per month

$
%
$269,000
%
Principal & Interest$6,978.92
Property Tax$1,232.92
Insurance$100.00
HOA$275.00

Loan Amount

$1,076,000

Down Payment

$269,000

Total Interest

$1,436,410

Total Cost

$3,091,260

Rose District

Rose District

Real Estate Team

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