201 23rd Street, Santa Monica, California 90402, Santa Monica, 90402 - 4 bed, 3 bath
201 23rd Street
Santa Monica, California 90402
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 201 23rd Street Subject | $4,395,000* List Price | 4 | 3 | 3,247 | $1,293 | - |
A 212 16th Street Sold | $4,100,000 | 6 | 4 | 3,103 | $1,321 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This property is explicitly marketed as a 'true fixer' and a 'redevelopment' opportunity, indicating it is not in move-in condition. Built in 1972 with likely original infrastructure, the home requires a complete overhaul or substantial rehabilitation of all major systems, including the kitchen, bathrooms, and flooring, to meet modern luxury standards. The value is primarily in the land and the potential for a total reimagining of the structure.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Premier A+ Location
Situated in the highly coveted 90402 zip code of Santa Monica, this property offers a quiet, tree-lined setting within walking distance to the Brentwood Country Mart and elite local amenities.
- Significant Development Potential
The expansive 8,200 sq ft lot provides a rare and versatile canvas for developers or end-users to build a custom luxury estate or extensively reimagine the existing 3,250 sq ft structure.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
Marketed as a 'true fixer,' the property requires a complete overhaul or redevelopment, necessitating a substantial additional investment of capital and time beyond the multi-million dollar purchase price.
- Dated 1970s Infrastructure
Built in 1972, the home likely features original systems and a layout that may not align with modern luxury standards, posing significant logistical challenges for those seeking immediate occupancy.
About 201 23rd Street
Located in one of Santa Monica's most coveted neighborhoods, 201 23rd Street presents a rare opportunity to create a truly exceptional residence. Set on an expansive 8,200 sq ft lot, this 5-bedroom, 3-bath home offers approximately 3,250 sq ft of living space and endless potential for customization or redevelopment. Just moments from the Brentwood Country Mart and surrounded by premier homes, the property sits in a quiet, tree-lined setting that blends privacy with unbeatable convenience. A true fixer in an A+ location, this is an ideal canvas for developers, investors, or end-users looking to build or reimagine a standout property in one of the best areas of Santa Monica.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 8,214 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Monica Unified Schools
Franklin Elementary School
Grades PK-5 • 0.7 mi
Brentwood Science School
Grades K-5 • 1.1 mi
Roosevelt Elementary School
Grades K-5 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 44% |
| Square foot | 3,247 | 3,163 | 53% |
| Lot Size | 8,214 | 8,691 | 49% |
| Price | $4.39M | $5.05M | 36% |
| Price per sq ft | $1.4K | $1.7K | 31% |
| Built year | 1972 | 1948 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 183 | 2% |
Pricing History
Listed for Sale
Feb 14, 2026
$4,395,000
$4,495,000
-2% Price Drop
Initial Listing
Price Change
Jan 27, 2026
$4,495,000
Initial Listing