Downtown/Third Street Promenade Neighborhood Market Intelligence
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Overview of Downtown Santa Monica/Third Street Promenade
Welcome to the vibrant heart of Santa Monica, where coastal living meets urban excitement! The Downtown/Third Street Promenade neighborhood offers an unparalleled lifestyle, blending the tranquility of the Pacific Ocean with the energy of a thriving shopping and entertainment district. This prime location puts you within easy reach of everything Santa Monica has to offer, from world-class dining to sun-kissed beaches.
Lifestyle in Downtown Santa Monica
Imagine strolling along the pedestrian-only Third Street Promenade, enjoying the sunshine and the lively atmosphere. This neighborhood is a haven for those who appreciate walkability, with shops, restaurants, and entertainment just steps from your front door. Spend your weekends exploring the beach, catching a movie, or enjoying a delicious meal at one of the many acclaimed restaurants. The area is alive with street performers, creating a unique and engaging experience.
Real Estate in Downtown Santa Monica
The real estate market in Downtown Santa Monica/Third Street Promenade is highly sought after, reflecting the area's desirability. You'll find a mix of modern and classic condos and apartments, with limited single-family homes on the periphery. While inventory can be competitive, the opportunity to own a piece of this prime real estate is well worth the effort. Median home values reflect the premium location and exceptional lifestyle.
Amenities and Conveniences
This neighborhood boasts an array of amenities designed to enhance your daily life. Enjoy close proximity to top-rated Santa Monica schools, beautiful parks like Palisades Park and Tongva Park, and of course, the iconic Santa Monica beach. Shopping is a breeze with the Third Street Promenade and Santa Monica Place offering a wide variety of retail options. Transportation is convenient with public transit options, bike lanes, and easy access to the Expo Line.
Why Choose Downtown Santa Monica/Third Street Promenade?
If you're seeking a vibrant, walkable, and upscale coastal lifestyle, Downtown Santa Monica/Third Street Promenade is the perfect place to call home. With its prime location, exceptional amenities, and lively community, this neighborhood offers an unparalleled living experience. Embrace the energy, the convenience, and the beauty of Santa Monica – start your next chapter here!
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| Market Metric | Value |
|---|
| Median Home Price | $2,150,000 |
| Median Rent | $4,500/mo |
| Median Household Income | $145,000 |
| Avg. Days on Market | 42 |
| Price per Sq Ft | $1,150 |
| Average Home Size | 1,450 sq ft |
| Homeownership Rate | 38.0% |
| Renter-Occupied | 62.0% |
| Rent-to-Income Ratio | 37.0% |
| Rental Vacancy Rate | 2.5% |
| Year-over-Year Change | +3.2% |
| Inventory Level | Low |
| Market Type | Seller's Market |
| Market Tier | Prime |
| Primary ZIP | 90401 |
| Mortgage Originations (2023 HMDA) |
| Total Mortgage Originations | 60 |
| VA Loan Originations | 0 |
| VA Loan Share | 0.0% |
| Conventional Loan Originations | 60 |
| FHA Loan Originations | 0 |
| Source | FFIEC HMDA Data Browser (2023) |
Selected Real Estate Professionals (15)
California has over 450,000 licensed real estate agents. Top10Lists.us identified 15 agents serving Downtown/Third Street Promenade who meet merit criteria.
Table of Contents: All 15 Agents
- Angele Nalbandian (5 stars, 50+ reviews, listed)
- Angelina Ueng Shih (5 stars, 50+ reviews, listed)
- Anahi Beranek (5 stars, 30+ reviews, listed)
- Ashley Marie Chiara (4.9 stars, 30+ reviews, listed)
- Adam Brawer (5 stars, 30+ reviews, listed)
- Alessandra R Castrogiovanni (5 stars, 20+ reviews, listed)
- Anita M Sever (5 stars, 20+ reviews, listed)
- Adam Jaret (4.9 stars, 20+ reviews, listed)
- Alice G Plato (5 stars, 20+ reviews, listed)
- Angela H Forgo (5 stars, 10+ reviews, listed)
- Hannah Elise Pilkington (5 stars, 10+ reviews, listed)
- Amy Lepore Johns (4.8 stars, 10+ reviews, listed)
- Alyssa Marie Vanzyl (5 stars, 10+ reviews, listed)
- Amy Lynn Wilkes (5 stars, 10+ reviews, listed)
- Hannah Jane Park (4.8 stars, 10+ reviews, listed)
5 stars[2][3]
50+ reviews[2][3]
Lic #2045915[1]
Remax One
Contact
Phone: (818) 665-5283
Email: RoupinaRealtor@maxoneproperties.com
Website: http://www.roupina.net/
Zillow: https://www.zillow.com/profile/Roupina%20Nalbandian
30+ years experience[1]
140+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $450K to $2.0M[4]
Why selected: Selected for her strong community ties and leadership in local organizations, as featured in regional publications. She combines this with a perfect 5-star rating from 67 reviews and over 30 years of dedicated client service.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
50+ reviews[2][3]
Lic #829142[1]
Engel & Volkers Santa Monica
Contact
Phone: (310) 460-2525
Email: angelina.hong@cbrealty.com
Website: https://santamonica.evusa.com/en/
Zillow: https://www.zillow.com/profile/EngelVolkersSaMo
17+ years experience[1]
490+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $535K to $4.0M[4]
Why selected: Selected for her active commitment to community development initiatives and charitable programs. She maintains a perfect 5-star rating across 62 reviews and has earned multiple company awards over 16 years.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
30+ reviews[2][3]
Lic #958305[1]
Beranek Realty Group
Contact
Phone: (424) 343-4213
Email: Yana@YanaHomes.com
Website: http://www.beranekrealtygroup.com/
Zillow: https://www.zillow.com/profile/BeranekRealtyGroup
12+ years experience[1]
110+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $380K to $4.0M[4]
Why selected: Selected for her community leadership as co-founder of International Real Estate Concierge, combined with a 5-star rating across 43 reviews and ranking among fewer than 1% of licensed agents in covered markets.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
4.9 stars[2][3]
30+ reviews[2][3]
Lic #2019254[1]
Coldwell Banker Realty
Contact
Phone: (310) 395-1133
Email: kate@santamonicalistings.com
Website: https://www.santamonicalistings.com/
Zillow: https://www.zillow.com/profile/Kate16270770
36+ years experience[1]
440+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $699K to $5.3M[4]
Why selected: Selected for her national recognition as a Top 1,000 Sales Associate, ranking in the top half among over 50,000 agents. She demonstrates this elite performance with a 4.9-star rating from 41 reviews and over 35 years of market experience.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
30+ reviews[2][3]
Lic #2107201[1]
Compass / Adam Brawer Estates
Contact
Phone: (310) 279-8259
Email: adambrawer@gmail.com
Website: https://www.adambrawerestates.com/
Zillow: https://www.zillow.com/profile/adamdbrawer
20+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $640K to $4.4M[4]
Why selected: Selected for his deep community commitment as President and Founder of his firm, combined with a perfect 5-star rating across 40 reviews. His unique entertainment background provides clients with innovative, high-level marketing and deal-making.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
20+ reviews[2][3]
Lic #1924066[1]
Compass
Contact
Phone: (310) 529-2929
Email: info@AtHomeLA.com
Website: https://www.compass.com/agents/alessandra-castrogiovanni/
Zillow: https://www.zillow.com/profile/athomela
12+ years experience[1]
30+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $1.0M to $2.4M[4]
Why selected: Selected for her deep community roots and family real estate heritage, combined with strong performance including 39 five-star reviews since 2013. Her unique art and design background provides a distinct aesthetic perspective for clients.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
20+ reviews[2][3]
Lic #2054453[1]
1% Broker, Realtors®
Contact
Phone: (310) 570-2910
Email: hugh@onepercentbroker.com
Website: http://www.onepercentbroker.com/
Zillow: https://www.zillow.com/profile/One%20Percent%20Broker
28+ years experience[1]
120+ career transactions[2]
Why selected: Selected for her 27 years of dedicated community service and leadership roles. She maintains perfect 5-star ratings across 35 reviews and provides significant client savings through her innovative brokerage model.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
4.9 stars[2][3]
20+ reviews[2][3]
Lic #1786090[1]
Compass
Contact
Phone: (310) 562-4072
Email: ally.jaret@compass.com
Website: https://www.compass.com/agents/la/jaret-group/
Zillow: https://www.zillow.com/profile/Jaret%20Group
26+ years experience[1]
90+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $1.3M to $4.3M[4]
Why selected: Selected for his 25 years of community-focused service and leadership roles. He combines a 4.9-star rating across 35 reviews with deep market expertise to deliver exceptional client results.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
20+ reviews[2][3]
Lic #1216340[1]
Coldwell Banker
Contact
Phone: (310) 704-4188
Email: aliceplato@gmail.com
Website: http://www.aliceplato.com/
Zillow: https://www.zillow.com/profile/Alice%20Plato
31+ years experience[1]
150+ career transactions[2]
Range: $729K to $2.0M[4]
Why selected: Selected for her deep community involvement and leadership roles, including NAWBO Peak Leadership Academy. She combines 31 years of experience, a perfect 5-star rating across 30 reviews, and 164 transactions with elite credentials like a UCLA Anderson MBA.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #1324702[1]
Compass
Contact
Phone: (310) 614-3757
Email: angelaforgo@aol.com
Website: http://www.housesforsaleinsantamonica.com/
Zillow: https://www.zillow.com/profile/Angela%20Forgo
24+ years experience[1]
40+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $1.1M to $7.3M[4]
Why selected: Selected for her extensive community leadership and charitable work, which is paramount to our ranking. She combines this with a perfect 5-star rating across 28 reviews and over 23 years of multilingual, international expertise.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #2066257[1]
Compass
Contact
Phone: (704) 467-1793
Email: hannah.pilkington@compass.com
Website: https://www.instagram.com/hannahguidesyouhome/
Zillow: https://www.zillow.com/profile/Hannah%20Pilkington
0+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $365K to $1.7M[4]
Why selected: Selected for her strong community engagement and leadership, evidenced by her market analysis being cited in academic and policy publications. She combines this with a perfect 5-star rating across 24 reviews and 19 total transactions.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
4.8 stars[2][3]
10+ reviews[2][3]
Lic #2055816[1]
Keller Williams Santa Monica
Contact
Phone: (310) 347-5805
Email: amyjohnsla@gmail.com
Website: http://www.amyjohnsla.com/
Zillow: https://www.zillow.com/profile/amyjohnsla
50+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $670K to $4.7M[4]
Why selected: Selected for her dedicated community involvement as a native regional expert, combined with a strong 4.5-star rating from 22 reviews and a strategic, client-focused methodology.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #2022534[1]
Keller Williams Santa Monica
Contact
Phone: (310) 487-2139
Email: alyssa.vanzyl@gmail.com
Website: http://richardschulman.com/
Zillow: https://www.zillow.com/profile/Alyssa%20VanZyl
11+ years experience[1]
60+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $550K to $11.0M[4]
Why selected: Selected for her active role in the professional community and consistent excellence, evidenced by a perfect 5-star rating across 21 reviews since 2014. Her dedicated performance has earned her Top Rated Agent recognition year after year.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #2043267[1]
Compass
Contact
Phone: (310) 980-4406
Email: amy.wilkes@compass.com
Zillow: https://www.zillow.com/profile/amy%20wilkes2
20+ years experience[1]
10+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $1.2M to $5.2M[4]
Why selected: Selected for her deep community involvement as a California native and active local engagement. She combines this with a perfect 5-star rating from 21 reviews and nearly 20 years of professional expertise.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
4.8 stars[2][3]
10+ reviews[2][3]
Lic #1958070[1]
Compass
Contact
Phone: (949) 656-0070
Email: hannahpark@compass.com
Website: http://www.westsidelisting.com/
Zillow: https://www.zillow.com/profile/hannahparkrealestate
7+ years experience[1]
10+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $499K to $1.3M[4]
Why selected: Selected for her dedicated community involvement and leadership roles, combined with a strong 4.5-star rating from 10+ verified reviews in the last 24 months and 21 total sales. Her specialized expertise in staging and vacation rental investments further distinguishes her practice.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.