1040 4th Street 405
Santa Monica, CA, 90403
$3,125,000
MLS: 26659281
Beds
3
Baths
3
Sq Ft
2,243
Lot
0.69 ac
Year Built
1990
MLS #
26659281
Days on Market
48
Listed
Mar 5, 2026
Description
Premier penthouse living just four blocks from the beach and Montana Avenue.This front-facing, two-story residence offers 3 bedrooms, 3 bathrooms, and approximately 2,243 sq ft of light-filled living space. Soaring 18-foot double-height windows and French doors open to a private balcony, creating seamless indoor-outdoor flow. The open-concept living and dining areas connect to a sleek chef's kitchen with top-tier appliances and modern finishes. The main-level primary suite features a custom walk-in closet and spa-inspired bath with soaking tub, separate shower, and dual vanity. A private side patio offers an additional outdoor retreat. A versatile loft and two ensuite bedrooms provide flexible living and privacy. Glass railings enhance the bright, contemporary feel throughout. The showstopper: an expansive, exclusive rooftop deck, remarkably private and ideal for entertaining or sunset lounging. Additional highlights include a dedicated laundry room, multiple storage spaces, and three side-by-side parking spots. A rare penthouse opportunity in one of Santa Monica's most coveted locations.
Location
Santa Monica, Los Angeles County, CA 90403
Open on Google Maps ↗Listed by: Bjorn Farrugia · Carolwood Estates
Payment estimate
$22,008
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $312,500 · Loan: $2,812,500
- Principal & Interest
- $17,280
- Property tax (1.25%)
- $3,255
- Homeowners insurance
- $300
- Mortgage insurance
- $1,172
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $109,375 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.