631 Strand St, a 1973 low-rise in Santa Monica.
631 Strand St is an 8-residence boutique building in Santa Monica. It was completed in 1973 and rises two stories.
Contact a Condos of LA advisor for current availability, pricing, and a private tour of 631 Strand St.
Condos for sale & rent at 631 Strand St
Listings update automatically from the MLS. Availability and pricing are provided by the listing brokerages.
Recent sales at 631 Strand St
| Date | Residence | Beds/Baths | Sq Ft | Sale price | $/Sq Ft | HOA dues |
|---|---|---|---|---|---|---|
| Oct 2025 | 4 | 2 bd · 3 ba | 1,328 | $1,199,000 | $903 | $400/mo |
Closed sales at 631 Strand St from MLS records.
What to know before you buy at 631 Strand 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 631 Strand St?
631 Strand St has 8 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 8 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.
For a 1973 building with 8 residences, ask about the SB 326 balcony inspection early. If 631 Strand St is subject to it, the most recent report has been part of the resale package since January 1, 2026, and an unaddressed problem in it may affect conventional lending. SB 326, explained.
Conventional loans go up to $1,249,125 in LA County in 2026. Above that, a jumbo lender applies its own condo rules, and a non-QM loan, built for buildings or buyers outside agency rules, typically means 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 631 Strand 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 631 Strand St.
In the heart of Santa Monica
631 Strand 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.