1048 3rd St, a 2002 mid-rise in Santa Monica.
1048 3rd St is a 5-residence building located in Santa Monica. The building dates to 2002 and rises four stories.
Contact a Condos of LA advisor for current availability, pricing, and a private tour of 1048 3rd St.
Condos for sale & rent at 1048 3rd St
Listings update automatically from the MLS. Availability and pricing are provided by the listing brokerages.
Recent sales at 1048 3rd St
| Date | Residence | Beds/Baths | Sq Ft | Sale price | $/Sq Ft | HOA dues |
|---|---|---|---|---|---|---|
| Oct 2024 | 101 | 3 bd · 4 ba | 1,930 | $2,220,000 | $1,150 | $862/mo |
| Jul 2023 | 102 | 3 bd · 4 ba | 2,004 | $1,999,000 | $998 | $862/mo |
| Jul 2022 | 101 | 3 bd · 4 ba | 1,930 | $2,100,000 | $1,088 | $862/mo |
| May 2022 | 105 | 3 bd · 4 ba | 1,821 | $2,000,000 | $1,098 | $862/mo |
Closed sales at 1048 3rd St from MLS records.
What to know before you buy at 1048 3rd St
The details that make or break a condo decision: current HOA dues and what they cover, parking, and the building's pet & leasing rules. Our advisors pull these straight from the building's HOA documents for any residence you're weighing.
Learn moreCompiled from public sources · last reviewed July 2026. We confirm current dues, reserves, lender and policy details for any residence you're considering.
Can you finance a condo at 1048 3rd St?
1048 3rd St has 5 residences, per our records. That's small enough that a conventional loan may qualify for a Fannie Mae or Freddie Mac project review waiver, open to 2 to 10 unit buildings since March 18, 2026, as long as the building isn't flagged and the insurance meets the rules. At 5 units, it also can't be part of a master association for the waiver to apply.
The 15% reserve test arriving January 4, 2027 is part of the Full Review, which a building this size may not need. Lenders can add their own requirements, and the unit count decides the path, so confirm it with the HOA.
Which loan you use changes the rules. Conventional loans run to $1,249,125 in LA County in 2026, jumbo lenders above that apply their own condo rules, and non-QM loans typically mean more down and a higher rate.
Tell us which residence you're weighing. Tyler or Michael will follow up personally with what to request from the HOA and what we find in it.
Get a building check for 1048 3rd StBackground: what warrantable and non-warrantable mean, and how the 2027 condo loan rules work.
General information as of October 27, 2026, not lending advice. Lenders apply their own rules, and only a lender's review decides whether a loan works at 1048 3rd St.
In the heart of Santa Monica
1048 3rd St places you at the center of Santa Monica, with the neighborhood's dining, shopping and character just outside your door and the rest of Los Angeles within easy reach.