0 Dewey Place, Santa Monica, California 90405, Santa Monica, 90405 - bed, bath

0 Dewey Place, Santa Monica, California 90405 home-pic-0

0 Dewey Place

Santa Monica, California 90405

ACTIVE
CONDITION: TEAR DOWN
0Beds
0Baths
Sq Ft
3,000Lot Size

Property Price

LIST PRICE$1,095,000

SUMMARY

Analysis of 0 Dewey Place, Santa Monica, California 90405 is currently available with a list price of $1,095,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

The listing is for a vacant 3,000-square-foot lot with no existing structure, kitchen, or bathrooms. As it is raw land intended for new construction, it is unlivable in its current state and its value is based entirely on the land and development potential.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Santa Monica Location

    Situated in a highly desirable neighborhood near Ocean Park Blvd and Main Street, providing immediate access to beaches, premier dining, and the Penmar Recreation Center.

  • Development Flexibility

    The lot allows for a single-family residence up to 2,250 sqft plus an ADU, offering significant potential for value add or multi-generational living configurations.

  • Favorable Financing Terms

    The availability of seller financing provides a rare and strategic advantage for buyers, easing the capital requirements for land acquisition in a premium market.

CONSRISKS & DEFICIENCIES

  • Limited Lot Dimensions

    At 3,000 square feet, the compact lot size may restrict architectural creativity and limit outdoor yard space compared to standard residential parcels.

  • Development Complexity

    As raw land, the buyer faces the inherent risks, costs, and time-intensive processes of Santa Monica's permitting, utility installation, and construction requirements.

About 0 Dewey Place

***Seller-financing available*** An exceptionally rare opportunity to acquire land in prime Santa Monica. At 3,000 square feet, this lot offers a blank canvas open to your imagination. Lots of this size and location almost never come to market, making this an extraordinary chance to build new in a vibrant, established community. Set back from the street and with no immediate houses on either side, this lot offers excellent privacy. With thoughtful landscaping and fencing, it has the potential to become a peaceful, private retreat in the heart of Santa Monica. Per Santa Monica building code you can build a SFR up to 2,250 sqft plus an ADU. Buyer to verify with the City. Daily life here brings together the very best of Santa Monica: charming cafes along Ocean Park Blvd, vibrant dining on Main Street, the greens of Penmar Golf Course, lighted tennis courts, and community pickleball courts at Penmar Recreation Center. You'll also enjoy seamless access to dog parks, premier farmers markets, acclaimed schools, and the beach. Build your dream home from the ground up or explore a thoughtfully designed modular option for a faster, more efficient path to completion. Either way, the lifestyle and the upside are undeniable. With the proposed transformation of the nearby Santa Monica Airport into parkland, the future here looks brighter than ever. Well positioned and priced to move, this is a rare window for end-users or developers ready to create something special. If you've been waiting for the right moment to build in Santa Monica, this is it. Rare land. In a prime location. With long-term value.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
-
Lot Size
3,000 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds-3.0
3%
Baths-2.0
3%
Square foot-1,555
5%
Lot Size3,0006,016
8%
Price$1.09M$2.54M
5%
Price per sq ft$0$1.3K
5%
Built year-1945
5%
HOA$0$0
50%
Days on market140155
46%

Pricing History

Listed for Sale

Oct 17, 2025

$1,095,000

Initial Listing

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