2030 Marine Street, Santa Monica, California 90405, Santa Monica, 90405 - 3 bed, 2 bath
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Santa Monica, California 90405
This High-Potential View Property is a Strategic Value Acquisition, listed at $2,999,000—positioned well below the $3,037,191 Fair Market Value by 1%. This valuation gap offers $38,191 in Instant Equity. While maintaining a Condition Rating of 4, the home features dated finishes but boasts rare panoramic ocean and golf course views from the private deck. Located in Sunset Park near Grant Elementary, the large corner lot provides significant upside for expansion. This is an ideal acquisition for Owner-Occupants seeking a custom sanctuary or Luxury Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2030 Marine Street Subject | $2,999,000* List Price | 3 | 2 | 1,899 | $1,599 | - |
A 1411 Sunset Avenue Sold | $2,105,000 | 3 | 2 | 1,482 | $1,420 | 0.4 mi |
B 2408 Pier Avenue Sold | $2,760,000 | 4 | 2 | 2,424 | $1,139 | 0.3 mi |
C 2029 Hill Street Sold | $2,540,000 | 2 | 2 | 1,555 | $1,633 | 0.2 mi |
D 1654 Hill Street Sold | $2,500,000 | 3 | 2 | 1,662 | $1,504 | 0.3 mi |
E 832 Cedar Street Sold | $2,650,000 | 4 | 3 | 2,145 | $1,235 | 1.0 mi |
F 1303 Hill Street Pending | $2,495,000 List Price | 3 | 2 | 1,556 | $1,603 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this home is well-maintained and livable but features dated interior finishes and systems that have not undergone a major renovation in recent decades. While the property offers exceptional views and a prime location, the kitchen and bathrooms reflect a 'classic' style that requires modern updates. The listing's emphasis on 'potential for remodeling' and 'future upside' confirms that the home is aged and shows signs of being outdated compared to current market standards for the area.
The property boasts rare, sweeping views of the Pacific Ocean, Penmar Golf Course, and city lights, providing a premium coastal atmosphere and significant value.
Situated on a spacious 7,026 sqft corner lot in the highly sought-after Sunset Park neighborhood, offering both privacy and a prestigious Santa Monica address.
The large tiered rear yard and flexible lower-level layout provide an excellent canvas for expansion, remodeling, or high-end customization to maximize future equity.
Built in 1950, the home likely requires substantial updates to its core systems and finishes to meet modern luxury standards.
At a nearly $3M price point, the additional capital required for remodeling may be a barrier for buyers not looking for a project.
Located on a prime corner lot in highly desirable Sunset Park, this charming 3-bedroom, 2-bath home offers the ideal blend of space, privacy, and classic Santa Monica living. The entry level features three bedrooms and one full bath, while the lower level includes a den/office and a bath, providing flexible space for a home office, guest area, or creative studio. The living room, dining area, kitchen, and deck capture sweeping views of the Penmar Golf Course, Marina del Rey, the Pacific Ocean, mountains, and city lights, creating a perfect setting for relaxing or entertaining while enjoying the coastal scenery. Additional features include direct access to the attached two-car garage and a large, tiered rear yard that offers excellent outdoor space and exciting potential for remodeling, expansion, or customization to suit your vision. A rare opportunity to own a view property with future upside in one of Santa Monica's most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,899 | 1,899 | 50% |
| Lot Size | 7,026 | 6,414 | 89% |
| Price | $3.00M | $2.77M | 60% |
| Price per sq ft | $1.6K | $1.4K | 66% |
| Built year | 1950 | 1947 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 140 | 6% |
Mar 12, 2026
$2,999,000
Initial Listing