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1121 Princeton Street 5Santa Monica, CA 90403

For Sale

$1,395,000

Smart Buyer Rebate $13,950

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
  • Community Features: Gated
  • Pets Allowed: Yes

Fees

  • Association Fee: $275.00 Monthly

Exterior

Construction

  • Number Of Units Total: 5
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Townhouse
  • Year Built: 1989
  • Architectural Style: Spanish
  • Common Walls: 1 Common Wall
  • Entry Level: 1

Features

  • Patio And Porch Features: Covered
  • View: Courtyard

Measurements

  • Building Area Total: 1,587
  • Lot Size Acres: 0.18
  • Lot Size Area: 7,851
  • Lot Size Square Feet: 7,851
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 4266016099

Interior

Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Features: Breakfast Bar

Measurements

  • Living Area: 1,587

Rooms

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 2

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • 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.

Full MLS Disclaimers

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.