
Santa Monica, California 90402
This property presents a High-Potential Investment Opportunity with a List Price of $2,300,000, currently aligned with its $2,300,000 Fair Market Value. While the home maintains a Fair Condition Rating due to its 1941 vintage infrastructure, the prime Santa Monica Canyon location and versatile floor plan offer significant upside for modernization. Featuring a rooftop deck with ocean views and a flexible layout, this asset is ideal for Value-Add Investors or Owner-Occupants seeking to renovate a coastal sanctuary in a prestigious neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 219 Entrada Drive Subject | $2,300,000* List Price | 3 | 2 | 1,892 | $1,216 | - |
A 207 Ocean Ave Ext Active | $2,870,000 List Price | 2 | 2 | 2,130 | $1,347 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1941, this 83-year-old property is significantly dated. The kitchen features vintage green tile and older cabinetry consistent with a renovation from over 20-30 years ago. While the hardwood floors appear well-maintained and the home is move-in ready, the age of the structure and lack of modern updates to the kitchen and baths place it in the fair category, requiring minor repairs and modernization.
Situated just blocks from the beach in the prestigious Santa Monica Canyon, the property offers an elite lifestyle with immediate access to Canyon Elementary, Rustic Canyon Park, and local amenities.
The home features a rooftop deck with ocean and canyon views, complemented by French doors throughout that maximize natural light and capture refreshing Pacific Ocean breezes.
The layout includes a multi-purpose loft and a den that can easily function as a third bedroom, providing the flexibility required for modern work-from-home or guest needs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1941, the property may require significant capital investment to modernize systems and finishes to meet the expectations of contemporary luxury buyers.
With 77 days on the market and two consecutive price reductions from the original $2.65M, the property is currently struggling with market perception and value alignment.
Blocks from the beach with Pacific Ocean views and breezes, the location of this sanctuary is prime. 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. 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 |
|---|---|---|
| Beds | 3.0 | 3.1 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,892 | 1,967.643 |
| Lot Size | 5,544 | 6,981.625 |
| Price | $2.30M | $3.73M |
| Price per sq ft | $1.2K | $1.7K |
| Built year | 1941 | 1940 |
| HOA | $0 | $0 |
| Days on market | 117 | 58 |
Jul 31, 2026
$2,300,000
$2,500,000
-8% Price Drop
Initial Listing
Jun 6, 2026
$2,500,000
$2,650,000
-6% Price Drop
Initial Listing
May 15, 2026
$2,650,000
Initial Listing