
Santa Monica, California 90405
Analysis of 2116 3rd Street, Santa Monica, California 90405 is currently available with a list price of $4,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This historic compound has undergone an extensive, high-end renovation within the last five years, blending original character with modern luxury. The kitchens feature premium materials like Cristallo and Fantasy quartzite, La Cornue ranges, and Thermador appliances. The interiors boast new white oak herringbone flooring, designer light fixtures, and updated bathrooms with marble finishes and high-end vanities. All major systems and components appear new or virtually new, meeting the highest quality standards with no visible deferred maintenance.
The property features three homes configured as four distinct living spaces on a single lot, providing exceptional flexibility for multi-generational living, a home-office complex, or significant rental income potential.
Expertly blending 1901 Craftsman heritage with modern luxury, the interiors boast premium finishes including Cristallo quartzite, La Cornue appliances, and custom artisan cabinetry across the various residences.
Located in the heart of Ocean Park, the property is just steps from the beach and Main Street’s premier dining and shopping, offering a highly walkable and world-class Santa Monica lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4737, other record living area = 3252. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 9, other record bedroom count = 6.
Given the structures date back to the early 1900s, owners should anticipate higher ongoing maintenance requirements and potential complexities associated with preserving century-old architectural elements.
With four living units sharing a single lot, individual outdoor privacy may be limited, and parking for a nine-bedroom compound could be challenging in this high-density beach neighborhood.
A rare compound with three homes set across one expansive lot, currently configured as four distinct living spaces, offering flexibility, privacy, and layered architectural character. This curated property spans multiple residences, each with its own distinct identity while remaining connected through a shared sense of character. From the reimagined 1901 Craftsman to the restored 1918 main home and guest residences, the property offers a layered experience designed to support a range of lifestyles. Ideally located in Ocean Park just moments from the beach and Main Street. 2116 | The 1901 Cottage Craftsman has been carefully reworked, blending historic character with refined, design-forward living. A double-height living room with vaulted ceilings, skylights, and hand-stained beams creates a dramatic sense of volume, while original brick, leaded glass windows, and white oak flooring ground the space. The kitchen showcases exceptional craftsmanship with Cristallo quartzite countertops, a backlit island, custom Amish-built cabinetry, and a La Cornue range with Thermador appliances. A spiral staircase connects to a loft above, and a lower level featuring a secondary living area, wine bar with 250-bottle storage, and a flexible studio with kitchenette and bath. 2116 1/2 | The 1916 Craftsman back house offers a more intimate, character rich living environment. Original hardwood floors, wainscoting, a stone fireplace, and a vaulted beam ceiling define the living space, while a cottage-style kitchen opens to outdoor entertaining. Two bedrooms and one bath, including a clawfoot tub, are complemented by a 500 sq ft basement bonus space. Privately positioned, it works well for guest use or rental income. 2118 | The 1923 residence introduces a more expressive, globally influenced design. Moroccan plaster, custom ironwork, and curated finishes define the interiors, anchored by a gas fireplace and white oak and marble flooring. The kitchen features Fantasy quartzite, Samsung appliances, wine storage, and hidden detailing. Two bedrooms and 2.5 baths are thoughtfully arranged across levels, with the lower level offering additional lounge space and a custom powder room with unique design elements. 2118 1/2 | A fully independent residence below 2118, offering a bright, open layout with wood beam ceilings, a Carrara marble fireplace, and lime-washed brick accents. The kitchen features butcher block counters, a farmhouse sink, vintage appliances, and a retro refrigerator. With its own entrance, this unit is ideal for guests, rental income, or a private workspace. The landscaped grounds feature mature trees and layered plantings, including olive, citrus, fig, pomegranate, and mulberry. Grape vines and flowering gardens create a lush setting, while multiple outdoor entertaining areas and a DG/turf driveway provide both function and charm. Original outbuildings once horse stables remain on the property, along with a preserved French equestrian plaque, offering a subtle but meaningful connection to its past. Ideally located in the heart of Ocean Park, just moments from the beach and along the vibrant Main Street corridor, the property is surrounded by some of Santa Monica's most sought-after dining, cafes, and neighborhood favorites. From locally loved staples like Holy Guacamole to standout destinations such as Kobe's and Pasjoli, the area offers a dynamic and evolving culinary scene, including Michelin-recognized dining nearby. Everyday living is equally effortless, with the beloved Main Street Farmers Market, trending spots like Main Squeeze, and convenient access to neighborhood markets including Trader Joe's, Whole Foods Market, and Co+opportunity Market known for its organic and locally sourced offerings all just minutes away.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 3.0 | 97% |
| Baths | 9.0 | 2.0 | 97% |
| Square foot | 4,737 | 2,082 | 97% |
| Lot Size | 9,007 | 6,414 | 97% |
| Price | $5.00M | $2.77M | 89% |
| Price per sq ft | $1.1K | $1.4K | 6% |
| Built year | 1901 | 1944 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 140 | 3% |
Mar 30, 2026
$4,995,000
Initial Listing
Oct 31, 2011
$1,649,000
Public Record