
Santa Monica, California 90403
This Modernized Traditional Home is a Strong Value Opportunity, listed at $3,949,000—positioned well below the $4,264,171 Fair Market Value by 7%. This valuation gap provides $315,171 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating following a comprehensive 2010s remodel, the residence features en-suite bedrooms, a high-end stainless kitchen, and a private expansive deck. Located in the prestigious Franklin Elementary School boundaries near Douglas Park, it offers a rare blend of lifestyle luxury and financial upside. This is an exceptional acquisition for Owner-Occupants looking to build wealth or Savvy Families seeking a turnkey Santa Monica lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1024 25th Street Subject | $3,949,000* List Price | 4 | 5 | 3,504 | $1,217 | - |
A 860 Yale Street Sold | $4,005,000 | 4 | 4 | 3,105 | $1,290 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 1946 but underwent a comprehensive remodel in the 2010s (approx. 10-14 years ago). The kitchen features high-end stainless steel appliances and stone countertops, and the bathrooms are updated with modern fixtures and en-suite configurations. The home is well-maintained and move-in ready, falling within the 5-15 year renovation criteria for a 'Good' rating.
Situated in a highly coveted Santa Monica neighborhood, the property is just blocks from Douglas Park and falls within the prestigious Franklin Elementary School boundaries, offering exceptional lifestyle and resale value.
Originally built in 1946 and extensively remodeled in the 2010s, the home perfectly balances classic architectural charm with modern amenities, including high ceilings, stainless steel appliances, and en-suite bedrooms.
The home is designed to maximize exposure, featuring a bright south-facing kitchen and a west-facing backyard and primary balcony that capture the sought-after golden hour afternoon light.
Despite the premium price point and multi-story layout, the property does not offer significant ocean or city views, which are often expected by luxury buyers in this area.
With a substantial 3,504 square foot structure on a 6,109 square foot lot, the footprint leaves a relatively modest amount of yard space compared to other single-family residences in this price bracket.
This rare gem hasn't hit the market since the 1970s! Built in the 1940s and thoughtfully remodeled in the 2010s, the home blends classic character with all the modern amenities today's buyers crave. Enter through a welcoming center hall into a spacious living room featuring a cozy fireplace. Adjacent is a versatile family room with soaring ceilings that opens seamlessly to an additional family/game room overlooking the expansive deck and private backyard perfect for entertaining or everyday living. The sunny, south-facing kitchen is a bright highlight, complete with high-end stainless steel appliances and abundant natural light. A convenient first-floor bedroom and full bath provide flexible living options, while upstairs you'll find three additional, en-suite bedrooms. Good-size primary suite with a west-facing balcony and an attached office. The west-facing backyard is an ideal retreat for lazy Sunday afternoons, bathed in golden afternoon light. Enjoy the ultimate in location and lifestyle just a few blocks from the ever-popular Douglas Park and the highly sought-after Franklin School. This is a wonderful opportunity to own a piece of neighborhood history with today's comforts. Don't miss it! Please see the "Virtual Tour" link (above) for the self-directed, 3-D virtual tour and the floor plan.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 5.0 | 3.5 | 75% |
| Square foot | 3,504 | 2,256 | 81% |
| Lot Size | 6,109 | 7,857.5 | 13% |
| Price | $3.95M | $3.62M | 56% |
| Price per sq ft | $1.1K | $1.7K | 13% |
| Built year | 1946 | 1938 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 159 | 6% |
Apr 18, 2026
$3,949,000
Initial Listing