5+ Days Ago
Highlights
Pet Friendly
Location
1118 3rd St #507, Santa Monica, CA 90403, USA|Wilshire-Montana
Tour 1118 3rd St #507
Contact
Westside Property Management
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Amenities for 1118 3rd St #507, Wilshire-Montana
Apartment Amenities
| Air Conditioning | Balcony |
Appliances
| In-Unit Laundry |
Building
| Cats OK | Dogs OK |
| Sauna |
Grounds
| Assigned Parking |
Other
| Dogs OK Up to 25 Pounds |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 1118 3rd St #507
Experience coastal luxury at Wilshire Ocean Terrace, a six-story boutique condominium building at 1118 3rd Street in Santa Monica. Built in 1982, this exclusive community features 43 residences with resort-style amenities designed for comfort and convenience. This spacious 2-bedroom, 2-bathroom condo offers 1,501 square feet of living space, stunning ocean views, and a private balcony perfect for relaxation or entertaining. Residents enjoy a pool, hot tub, sauna, steam room, and a fully equipped gym, along with a clubhouse, common courtyard, and resident’s lounge. Additional conveniences include assigned parking spaces (2), guest parking, elevator access, onsite property management, and utilities such as water and trash included. Wilshire Ocean Terrace combines elegance, comfort, and the quintessential Santa Monica lifestyle just steps from the beach, shopping, and dining. NOTE: Westside Property Management does not advertise on or FACEBOOK. PLEASE DO NOT SUBMIT AN APPLICATION IF YOU HAVE NOT PERSONALLY VIEWED THE VACANT UNIT | SIGHT UNSEEN APPLICATIONS WILL NOT BE PROCESSED AND WILL BE DENIED. Please contact us at 424.393.2300 to set up an appointment. Tenant is required to have renter's insurance and name landlords as additional insured. Condos subject to HOA move-in fee. Central A/C Controlled Access Gym In Unit Washer & Dryer Lounge Area Parking Pool Steam Room Water And Trash
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1118 3rd St, Santa Monica, CA 90403, USA compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- More space
- The 2-bedroom is 269 sqft larger than other listings nearby
- Extra Storage
- Upgraded in-unit features
- Images available
- There are at least 10 photos of this address
- Pet friendly
- Rentals at this address allow pets
- Roof deck
- Access to public roof space
- Walk-in closet
- Rentals here may include more closet space than average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Neighborhood | Wilshire-Montana |
|---|---|
| Zip code | 90403 |
| Type | Condo for rent |
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Rent trends in Wilshire-Montana
2-bedroom apartments at 1118 3rd St #507 cost about 18% more than the average rent price for 2-bedroom apartments in Santa Monica.
Median rents as of Nov 15 2025.
Wilshire-Montana
Santa Monica
| Month | Median Rent |
|---|---|
| December 2023 | $4,534 |
| January 2024 | $4,524 |
| February 2024 | $4,150 |
| March 2024 | $4,233 |
| April 2024 | $4,218 |
| May 2024 | $4,423 |
| June 2024 | $4,503 |
| July 2024 | $4,457 |
| August 2024 | $4,846 |
| September 2024 | $4,850 |
| October 2024 | $4,941 |
| November 2024 | $5,044 |
| December 2024 | $4,837 |
| January 2025 | $4,648 |
| February 2025 | $4,354 |
| March 2025 | $3,963 |
| April 2025 | $4,052 |
| May 2025 | $4,133 |
| June 2025 | $4,288 |
| July 2025 | $4,579 |
| August 2025 | $4,806 |
| September 2025 | $4,789 |
| October 2025 | $4,666 |
| November 2025 | $4,654 |
| Month | Median Rent |
|---|---|
| December 2023 | $4,578 |
| January 2024 | $4,597 |
| February 2024 | $3,891 |
| March 2024 | $4,149 |
| April 2024 | $4,028 |
| May 2024 | $4,191 |
| June 2024 | $4,280 |
| July 2024 | $4,210 |
| August 2024 | $4,439 |
| September 2024 | $4,974 |
| October 2024 | $4,867 |
| November 2024 | $4,523 |
| December 2024 | $4,387 |
| January 2025 | $4,217 |
| February 2025 | $4,410 |
| March 2025 | $4,080 |
| April 2025 | $4,249 |
| May 2025 | $4,332 |
| June 2025 | $4,148 |
| July 2025 | $4,388 |
| August 2025 | $4,639 |
| September 2025 | $4,245 |
| October 2025 | $4,296 |
| November 2025 | $4,470 |
Affordability calculator
Can I afford to live at 1118 3rd St #507?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$220,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $220,000 annually to afford this 2-bedrooms monthly rent price of $5,500.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $5,000 | 2 bed | 2 bath | ||
| 1 year ago | $5,000 | 2 bed | 2 bath | ||
| 1 year ago | $5,000 | 2 bed | 2 bath | ||
| 1 year ago | $5,000 | 2 bed | 2 bath | ||
| 1 year ago | $5,000 | 2 bed | 2 bath | ||
| 1 year ago | $5,000 | 2 bed | 2 bath | ||
| 1 year ago | $5,500 | 2 bed | 2 bath | ||
| 2 years ago | $6,500 | 2 bed | 2 bath | ||
| 2 years ago | $6,500 | 2 bed | 2 bath |
Schools near 1118 3rd St #507
Roosevelt Elementary School
801 montana ave
santa monica, CA, 90403
K-5Public
A+
Santa Monica Alternative (K-8)
2525 fifth st
santa monica, CA, 90405
K-8Public
A
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Internet available near 1118 3rd St #507
Getting around Santa Monica near 1118 3rd St #507
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 1118 3rd St #507, Santa Monica
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
10/10
Wide variety of shops within a few minutes' walk
Cafes
6/10
Variety of cafés within walking distance
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
9/10
Variety of bars within a few minutes' walk
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