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160 Wadsworth Avenue, Santa Monica, California 90405, Santa Monica, 90405 - 3 bed, 2 bath

160 Wadsworth Avenue, Santa Monica, California 90405 home-pic-0
ACTIVE$2,835,000
160 Wadsworth Avenue, Santa Monica, California 90405
3Beds
2Baths
1,584Sqft
4,168Lot

Price Vs. Estimate

The estimated value ($2,549,322.15) is $285,677.85 (10%) lower than the list price ($2,835,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Coastal Location: Situated in the highly desirable Ocean Park historic district of Santa Monica, on a charming beach walk street, just a short stroll to the beach, offering an unparalleled Westside lifestyle.
Top Cons:
Significant Renovation Required: As a 1904-built home described as 'ready for your personal touch,' it likely requires substantial investment for modernization, system upgrades (plumbing, electrical, HVAC), and cosmetic renovations to meet contemporary standards.

Compared to the nearby listings

Price:$2.83M vs avg $2.53M (+$307,500)64%
Size:1,584 sqft vs avg 1,618 sqft50%
Price/sqft:$1.8K vs avg $1.3K88%

More Insights

Built in 1904 (121 years old).
Condition: Built in 1904, this property is over 100 years old and shows significant signs of age. While the exterior maintains its classic craftsman charm, the interior, particularly the kitchen and visible bedrooms, is very dated. The kitchen features older cabinets, countertops, and flooring (linoleum/vinyl), with very old light fixtures, despite having newer stainless steel appliances. Bedrooms have old carpeting and dated light fixtures. The overall condition suggests substantial repairs and rehabilitation are needed to update major systems and finishes to modern standards, aligning with the 'poor' category criteria.
Year Built
1904
Close
-
List price
$2.83M
Original List price
$2.83M
Price/Sqft
$1,790
HOA
-
Days on market
-
Sold On
-
MLS number
25548599
Home ConditionPoor
Features
Patio
View-

About this home

Located in the heart of Ocean Park's historic district, this classic craftsman adds character to one of Santa Monica's most unique beach neighborhoods. Positioned on a spacious lot, it offers a perfect blend of timeless character and endless possibilities. Just a short stroll to the beach, the inviting front porch provides peekaboo ocean views, setting the stage for relaxed Westside living. Inside, you'll find three bedrooms, two bathrooms and a flexible bonus room that could serve as a fourth bedroom, office, or creative space. The backyard offers a peaceful retreat, ideal for outdoor entertaining, maybe a pool, or even expanding. Nestled on a charming beach walk street, the home is surrounded by boutique shops, trendy bars, local restaurants and the historic Carnegie library. Whether you're looking for a full-time residence or a weekend beach getaway, this home is ready for your personal touch.

Condition Rating
Poor
Built in 1904, this property is over 100 years old and shows significant signs of age. While the exterior maintains its classic craftsman charm, the interior, particularly the kitchen and visible bedrooms, is very dated. The kitchen features older cabinets, countertops, and flooring (linoleum/vinyl), with very old light fixtures, despite having newer stainless steel appliances. Bedrooms have old carpeting and dated light fixtures. The overall condition suggests substantial repairs and rehabilitation are needed to update major systems and finishes to modern standards, aligning with the 'poor' category criteria.
Pros & Cons

Pros

Prime Coastal Location: Situated in the highly desirable Ocean Park historic district of Santa Monica, on a charming beach walk street, just a short stroll to the beach, offering an unparalleled Westside lifestyle.
Historic Charm & Character: A classic craftsman home built in 1904, it possesses significant architectural character and contributes to the unique charm of its historic neighborhood.
Development & Expansion Potential: The spacious 4168 sqft lot and backyard offer considerable potential for expansion, adding a pool, or creating additional outdoor living spaces, enhancing future value.
Flexible Living Space: Includes a versatile bonus room that can easily adapt to a fourth bedroom, home office, or creative studio, catering to diverse buyer needs.
Vibrant Neighborhood Amenities: The property is surrounded by a lively array of boutique shops, trendy bars, local restaurants, and the historic Carnegie library, providing immediate access to urban conveniences and entertainment.

Cons

Significant Renovation Required: As a 1904-built home described as 'ready for your personal touch,' it likely requires substantial investment for modernization, system upgrades (plumbing, electrical, HVAC), and cosmetic renovations to meet contemporary standards.
Modest Interior Square Footage: With 1584 sqft, the interior living space is relatively modest for its high price point in the Santa Monica market, which may necessitate expansion for buyers seeking more generous living areas.
Limited Ocean Views: While offering 'peekaboo ocean views' from the front porch, these are not expansive or unobstructed, which might be a drawback for buyers expecting panoramic ocean vistas at this price level.

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