Condo / High-rise home in Santa Monica, CA
A Condo home in Santa Monica, CA, it offers 2 bedrooms and 2 bathrooms across 1,205 square feet. It sits within the greater Los Angeles, CA area.
| Price | $1,449,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 1205 |
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| Architectural style | Condo / High-rise (54% match) |
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| Address | 2817 3rd St #3, Santa Monica, CA 90405 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $1.4M, this home is 53% above the $950K median for 4586 similar Condo / High-rise homes in Los Angeles, CA.
- That works out to $1202 per square foot, 80% above the $669 comparable rate.
- On the market 10 days.
| This home | $1,449,000 |
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| Condo / High-rise median in Los Angeles, CA | $950,000 (4586 homes) |
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| Price per sq ft | $1,202 vs. $669 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $9,924/month with 20% down at a 7.28% 30-year fixed rate. You would need about $425,304 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $7,931/mo |
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| Property tax (new-buyer reassessed rate) | $1,449/mo |
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| Homeowners insurance | $543/mo |
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| Total monthly | $9,924/mo |
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| Down payment (20%) | $289,800 |
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| Income needed | $425,304/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (68 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (68/100) |
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| Beats renting in | 20% of modeled paths |
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| Modeled 5-yr equity (median) | $790,597 |
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| Range (10th to 90th pct) | $493,950 to $1,135,286 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Los Angeles, CA where local data is thin.
Local home values
Typical home values in Los Angeles, CA have risen about 19% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
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