The Waverly Condos for Sale currently number 8 active listings with a median asking price of $1,774,500 (CRMLS, September 2026). The median lot in The Waverly measures 40,870 sq ft.
Situated within the Santa Monica Condos corridor, The Waverly represents a condominium community option for buyers who want to be established in Santa Monica. The community provides a mix of floor plans and layout options within a well-maintained complex, making it a practical choice for technology professionals, beach lifestyle buyers, and remote workers who want ocean proximity and the highest walkability scores in LA County who prioritize access to beach access, the Expo Line rail connection to downtown LA, Silicon Beach employment, and one of the most walkable urban environments in the region.
The Waverly is designed to meet the expectations of the Santa Monica buyer, with a focus on a mix of floor plans and layout options within a well-maintained complex. The community’s common areas reflect the HOA’s commitment to maintaining the appearance and functionality standards that protect long-term property values.
Buyers at The Waverly will find a range of unit sizes and configurations. Most properties in this community offer layouts suitable for singles, couples, and small families, with floor plans that maximize the usable space within the building’s design parameters.
Being part of the Santa Monica Condos area means The Waverly residents can access beach access, the Expo Line rail connection to downtown LA, Silicon Beach employment, and one of the most walkable urban environments in the region without extensive travel. The specific street address within Santa Monica positions the community favorably relative to the key services, schools, and employment centers that technology professionals, beach lifestyle buyers, and remote workers who want ocean proximity and the highest walkability scores in LA County typically need to reach.
The community at The Waverly works well for technology professionals, beach lifestyle buyers, and remote workers who want ocean proximity and the highest walkability scores in LA County who are targeting the Santa Monica market specifically. Whether purchasing as a primary residence or an investment property, the combination of building quality, location, and HOA structure makes The Waverly a sound option within the Santa Monica Condos sub-market.
HOA management at The Waverly handles the maintenance of common areas, exterior upkeep, and community services. Prospective buyers should review current HOA documents to understand the fee structure, reserve fund status, and community rules before completing a purchase.
Buyers targeting Santa Monica should approach the market with a clear sense of their priorities and a financing situation that allows them to move quickly when the right property appears. The inventory in this area tends to absorb well-priced properties faster than buyers expect — particularly when a home is updated, well-located within the area, and priced within the most active demand tier.
The most common mistake buyers make in Santa Monica is treating early viewings as low-stakes exploration. By the time a listing has been toured casually and a buyer decides they want it, a serious competing buyer has often already submitted an offer. Working with The Knight Group means you’re identifying opportunities earlier and positioned to act with confidence rather than urgency-driven concessions.
Pre-approval with a reputable local lender is a baseline expectation in this market. Sellers in Santa Monica routinely request proof of funds or pre-approval letters before accepting showing appointments on competitive listings. Having that documentation prepared signals that you’re a serious buyer and often earns better access to sellers who might otherwise prioritize buyers who have demonstrated financial readiness.
Sellers in Santa Monica benefit from positioning their home within the first two weeks of listing at the right price — not an aspirational price. The local buyer pool responds to new inventory quickly, and well-priced homes in strong condition often see their most competitive offers in the first seven to ten days. Overpricing at the outset frequently results in price reductions that train buyers to expect further reductions, ultimately yielding a lower sale price than a correctly priced launch would have achieved.
Pre-listing preparation matters more in Santa Monica than in markets where buyers routinely expect to do work. Buyers here are often purchasing at or near the top of their financial capacity, which makes deferred maintenance and cosmetic updates feel more consequential. Minor investments in paint, landscaping, and hardware updates consistently return multiples of their cost in buyer perception and final sale price.
The Knight Group’s approach to seller representation includes a detailed comparable market analysis specific to the immediate neighborhood, not just the broader city, along with photography and marketing positioning calibrated to the specific buyer demographic most likely to value your home’s distinguishing features.
Residential real estate in Santa Monica has demonstrated consistent long-term appreciation driven by a combination of supply constraints, strong employment access, and sustained buyer demand from multiple demographic groups. The Southern California market overall maintains one of the most reliable appreciation profiles in the country, and well-located properties within established neighborhoods like those in Santa Monica tend to outperform broader market averages.
Buyers who approach their purchase with a five-to-ten year horizon are typically well-served in this market. Short-term ownership in any market carries more risk, and Santa Monica is no exception — transaction costs make short holding periods less predictable. But buyers who commit to the area and allow appreciation to compound alongside principal paydown historically achieve meaningful equity positions.
Rental demand in Santa Monica also supports the investment thesis for buyers who may need flexibility. The rental pool is active and can absorb well-maintained single-family homes and condominiums at rates that, in many cases, offset carrying costs meaningfully. The Knight Group can provide current rental comparable data to help buyers model ownership scenarios accurately.
The Knight Group maintains an active presence in Santa Monica and the surrounding areas — not just as a transactional brokerage, but as a genuine local resource for buyers and sellers who want an informed, strategic partner throughout the process. Our familiarity with this specific market means we can identify when a listing is priced correctly versus aspirationally, when a neighborhood’s trajectory is improving, and when off-market opportunities are worth pursuing before they reach the MLS.
For buyers, that local knowledge translates into better targeting of time and energy — focusing on properties and pockets that genuinely fit your criteria rather than touring everything in a zip code. For sellers, it means pricing decisions grounded in what this specific street and neighborhood are actually clearing at, not what a broader market index suggests.
We work with a limited number of clients at any given time to ensure that every buyer and seller receives the level of attention and market intelligence that a significant financial transaction deserves. If you’re considering a purchase or sale in Santa Monica and want to understand what’s currently available — including off-market inventory we’re tracking — reach out to The Knight Group directly for a confidential initial conversation.
Santa Monica is one of Southern California’s most livable urban beach cities with a walkable downtown on Third Street Promenade, the Santa Monica Pier, and direct beach access year-round.
The Waverly falls within Santa Monica-Malibu USD. Santa Monica High School ranks among California’s top public high schools. Buyers should verify the specific school assignment for any unit through the district’s school finder tool, as assignment can vary by specific address.
The Metro E Line connects directly to downtown LA and Culver City. The 10 freeway east is efficient in off-peak hours. LAX is approximately 20 minutes south.
Third Street Promenade, Montana Avenue, and Main Street’s restaurant districts provide exceptional dining density. Erewhon Market anchors upscale grocery shopping.
Santa Monica provides a range of outdoor and cultural recreation options for residents. Buyers should walk or drive the specific streets around The Waverly to evaluate walking distance to their priority amenities — park access, grocery options, transit stops, and restaurant concentrations vary by the specific building location within Santa Monica.
Santa Monica-Malibu Unified School District (SMMUSD) serves this area. The combination of public school performance and proximity to private school alternatives makes Santa Monica a consistent choice for education-focused buyers. Strong school districts are one of the primary drivers of sustained home price appreciation over long investment horizons, and Santa Monica’s school profile supports that thesis.
Commuting residents use Lincoln Blvd, the 10 Freeway, and the Expo Line Metro for typical daily routes, with drive times of 15–35 minutes to Century City, West Hollywood, Culver City, and Downtown LA via Metro. The increasing flexibility of remote and hybrid work arrangements has reduced the commute priority for many buyers, but freeway and transit access remain a meaningful factor in pricing at the sub-neighborhood level.
For daily life, Third Street Promenade, Montana Avenue, and Main Street restaurant rows provides dining and retail options without requiring significant driving. Santa Monica Beach, Santa Monica Pier, Palisades Park, and the city’s extensive bike path network give residents access to outdoor recreation that Southern California buyers consistently prioritize. The year-round mild climate extends the effective use of outdoor amenities — a genuine quality-of-life advantage that is difficult to replicate in other US markets.
The Waverly is tracked as a distinct sub-market of Santa Monica, and its figures diverge from the parent average. The measurements below come from CRMLS listing data as of September 2026.
The Waverly offers a mix of floor plans and layout options within a well-maintained complex within the context of the premier Westside beach city where the Pacific Ocean meets the Los Angeles urban grid. Its specific location within the Santa Monica Condos market and its building character set it apart from other options. Buyers comparing communities in Santa Monica should schedule tours of multiple properties to assess which combination of features and location best matches their priorities.
The primary buyer profile at The Waverly is technology professionals, beach lifestyle buyers, and remote workers who want ocean proximity and the highest walkability scores in LA County. The community’s combination of a mix of floor plans and layout options within a well-maintained complex and access to beach access, the Expo Line rail connection to downtown LA, Silicon Beach employment, and one of the most walkable urban environments in the region tends to attract buyers who have specifically identified the Santa Monica Condos area of Santa Monica as their target market.
School assignment in Santa Monica depends on the specific address. Buyers with school-age children should verify school attendance zones with the relevant district before purchasing. Santa Monica’s schools vary by address and grade level, so confirming current assignments is an important part of the due diligence process.
Most condo communities in the Santa Monica Condos area of Santa Monica provide assigned or deeded parking spaces for residents. Guest parking availability varies by complex. Buyers should verify parking included with each specific unit they are considering, as some floor plans may include single versus tandem spaces.
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