
Santa Monica, California 90402
This High-Potential Investment Opportunity is listed at a List Price of $2,650,000, positioned well below the $2,785,045 Fair Market Value by 4%. This valuation gap provides $135,045 in Instant Equity. Featuring a Condition Rating of 4, the home offers a prime Santa Monica Canyon location with a rooftop deck and ocean views. While the vintage 1941 structure requires modernization, it is an ideal project for Value-Add Investors or Owner-Occupants seeking to customize a coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 219 Entrada Drive Subject | $2,500,000* List Price | 3 | 2 | 1,892 | $1,472 | - |
A 423 Sycamore Sold | $3,344,000 | 3 | 4 | 2,431 | $1,376 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1941, this traditional beach house is well-maintained but significantly dated. Visuals show older green tile countertops in the kitchen and aged windows/finishes, suggesting the last major renovation was over 20 years ago. While move-in ready and 'charming,' it requires modernization of the kitchen, bathrooms, and likely older systems to meet current standards.
Situated in the highly sought-after Santa Monica Canyon, the property offers exceptional proximity to top-rated Canyon Elementary, Rustic Canyon Park, and the beach.
The home features numerous French doors and a rooftop deck with ocean and canyon views, perfectly capturing the Southern California lifestyle and Pacific breezes.
Positioned adjacent to the channel, the property benefits from additional distance from neighboring homes, providing more open sky and natural light.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Originally built in 1941, the property may require significant updates to its systems and finishes to meet modern luxury standards and efficiency.
The 5,544 square foot lot is relatively compact for the price point, which may limit future expansion possibilities or the addition of large-scale outdoor amenities.
Precious one story, traditional beach house nestled in Santa Monica Canyon. The home includes a welcoming living room complete with hardwood flooring and a fireplace, a grand dining room/family room plus a charming eat-in kitchen and multi-purpose loft space. Two spacious bedrooms are located on one side of the house with a bathroom, as well as a den or potential third bedroom and a second bathroom on the opposite end. French doors throughout the house open to the back patio embracing the Southern California light and the breezes of the nearby Pacific Ocean. The location adjacent to the channel provides for additional sky and distance from other homes. An easily accessible rooftop deck provides views of the canyon and ocean. The house is in close proximity to Canyon Elementary, Rustic Canyon Park, the Conservancy Mountains and the community of Canyon Square.
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 | 4.0 | 26% |
| Square foot | 1,892 | 2,602 | 22% |
| Lot Size | 5,544 | 8,681 | 9% |
| Price | $2.50M | $5.08M | 9% |
| Price per sq ft | $1.3K | $1.9K | 22% |
| Built year | 1941 | 1941 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 113 | 2% |
Jun 6, 2026
$2,500,000
$2,650,000
-6% Price Drop
Initial Listing
May 15, 2026
$2,650,000
Initial Listing