Santa Monica · Condominium

938 2nd St

938 2nd Street, Santa Monica, CA 90403 · Santa Monica

8Residences
1Stories
1989Year Built
Overview

938 2nd St, a 1989 low-rise in Santa Monica.

938 2nd St is an 8-residence building located in Santa Monica. The building dates to 1989 and is a single-story building. Amenities include controlled access.

Contact a Condos of LA advisor for current availability, pricing, and a private tour of 938 2nd St.

Currently Available

Condos for sale & rent at 938 2nd St

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Listings update automatically from the MLS. Availability and pricing are provided by the listing brokerages.

Market

Recent sales at 938 2nd St

$1,086Average Sold $/Sq Ft
$785 to $956HOA dues /mo
2Sales shown
DateResidenceBeds/BathsSq FtSale price$/Sq FtHOA dues
Nov 20243012 bd · 3 ba1,776$1,850,000$1,042$956/mo
Dec 20223022 bd · 3 ba1,393$1,590,000$1,141$785/mo

Closed sales at 938 2nd St from MLS records.

The Building

Amenities & services

Controlled Access
Ownership, HOA & buyer diligence

What to know before you buy at 938 2nd 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.

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Ownership
Condominium, individually owned residences
Building type
Low-rise
HOA dues
Current figures on request
Dues typically cover
Common-area upkeep, building insurance & amenity maintenance (inclusions vary)
Parking
On request
Pets & leasing
Pet rules, Call for rules, Permitted types, Weight limit

Compiled from public sources · last reviewed July 2026. We confirm current dues, reserves, lender and policy details for any residence you're considering.

Financing

Can you finance a condo at 938 2nd St?

938 2nd 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.

In LA County, conventional loans reach $1,249,125 in 2026. Jumbo loans above that follow the lender's own condo rules, and non-QM loans work outside agency rules, typically with 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 938 2nd St

Background: 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 938 2nd St.

Location

In the heart of Santa Monica

938 2nd 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.

Private Showings

Arrange a private tour of 938 2nd St.

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Building facts for 938 2nd St (address, year, stories, residences and amenities) are compiled from public sources and may change; please verify with us.