One or more photo(s) has been virtually staged. INVESTOR OR OWNER-USER OPPORTUNITY: 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.
Listed by Hannah Laird
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License #02207101
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Westside Estate Agency Inc.
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424-387-7899
Last updated November 18, 2025
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Source: CRMLS #25619629
Listing Facts
TypeCondo
NeighborhoodNortheast Santa Monica
Bedrooms2
Bathrooms2.5
Days on Prevu2
HOA/Maint. Fees$275/month
Size1,587 sqft
Price per sqft$879
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
11/17/2025
Listed by Westside Estate Agency Inc.
$1,395,000
Property Details for 1121 Princeton Street 5
Association
Amenities
Association Amenities: Maintenance Grounds, Trash, Water
Parking Features: Covered, Underground, Gated, Side By Side
Parking Total: 2
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Laundry Features: Laundry Closet
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.