1419 Pacific Street, Santa Monica, California 90405, Santa Monica, 90405 - 3 bed, 2 bath
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Santa Monica, California 90405
This Turnkey California Bungalow is a High-Potential Investment Opportunity, listed at $2,395,000—positioned well below the $2,488,157 Fair Market Value by 3%. This valuation gap offers $93,157 in Instant Equity for the buyer. Featuring a 2024 roof, updated electrical, and a private patio, the home maintains an Excellent Condition Rating. Located in the coveted Sunset Park neighborhood near award-winning schools, this property is an ideal acquisition for Owner-Occupants or discerning buyers seeking a move-in ready residence with significant expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1419 Pacific Street Subject | $2,395,000* List Price | 3 | 2 | 1,537 | $1,619 | - |
A 1414 Bay Street Sold | $2,500,000 | 3 | 2 | 1,582 | $1,580 | 0.1 mi |
B 1715 Cedar St Sold | $2,850,000 | 3 | 2 | 1,530 | $1,863 | 0.3 mi |
C 2206 5th Street Sold | $2,700,000 | 3 | 2 | 1,708 | $1,581 | 0.8 mi |
D 822 Pine Street Sold | $2,316,000 | 4 | 3 | 1,810 | $1,280 | 0.5 mi |
E 2419 23rd Sold | $2,500,000 | 2 | 2 | 1,292 | $1,935 | 0.6 mi |
F 737 Ashland Avenue Sold | $2,050,000 | 4 | 2 | 1,777 | $1,154 | 0.7 mi |
G 2220 6th Street Sold | $1,832,847 | 2 | 1 | 1,008 | $1,818 | 0.7 mi |
H 1303 Hill Street Pending | $2,495,000 List Price | 3 | 2 | 1,556 | $1,603 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features significant recent upgrades including a new roof (2024) and a new electrical system/panel (2023). Interior images show a high-quality renovation with modern flooring, updated bathrooms with contemporary subway tile, and newer appliances, meeting the criteria for a mint-condition home with major renovations completed within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7011, living area = 1537.
Situated on a quiet cul-de-sac in the highly coveted Sunset Park neighborhood, the property offers a safe, community-oriented environment with walking distance to award-winning schools and Ocean Park Boulevard amenities.
The rare 7,000+ square foot flat lot provides a massive private backyard, offering significant opportunities for future home expansion, the addition of an ADU, or a custom outdoor entertainment oasis.
At a list price of $2,395,000 for 1,537 square feet, the property commands a premium price point of over $1,550 per square foot, which may be a hurdle for value-conscious buyers.
Despite the large lot, the 1940s bungalow footprint is relatively small for the price range, potentially requiring further investment to create the open-concept living areas often desired by modern luxury buyers.
Life on the cul-de-sac awaits at this charming and updated California Bungalow in the heart of Sunset Park! Set on a large 7,000+ square foot flat lot with 3 bedrooms and 2 bathrooms, spread across 1537 square feet of functional living space. With a new roof installed in 2024, new electrical panel and system in 2023, and newer appliances, enjoy an easy start to your next chapter. An additional office tucked away at the back of the home and a versatile den add flexibility for a home office, media room, playroom, or guest space. Step outside to an expansive and private backyard with room to entertain, relax, play, or expand over time. A detached two-car garage and a two-story storage barn/shed provide a great space for hobbies and storage. Pacific Street cul-de-sac is known for its community feel, neighborhood block parties, access to award-winning Santa Monica schools, and an unbeatable location just moments from the shops, cafes, and restaurants of Ocean Park Boulevard. Move right in and enjoy today, with the opportunity to make it your own in one of Sunset Park's most beloved enclaves.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 3.5 |
| Square foot | 1,537 | 2,285.5 |
| Lot Size | 7,011 | 7,496 |
| Price | $2.40M | $3.70M |
| Price per sq ft | $1.6K | $1.7K |
| Built year | 1948 | 1936 |
| HOA | $0 | $0 |
| Days on market | 12 | 51 |
Jul 10, 2026
$2,395,000
Initial Listing
Mar 28, 2023
$2,116,500
Public Record