2218 24th Street, Santa Monica, California 90405, Santa Monica, 90405 - 3 bed, 2 bath

2218 24th Street, Santa Monica, California 90405 home-pic-0

2218 24th Street

Santa Monica, California 90405

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
3,412Sq Ft
7,514Lot Size

Property Price

LIST PRICE$2,995,000
EST. MARKET VALUE
$3,102,386
3% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$3,102,386 +$107,386 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Monica.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2218 24th Street
Subject
$2,995,000*
List Price
323,412$909-
A
2658 34th Street
Active Under Contract
$2,895,000
List Price
542,667$1,0850.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1947, the property has been 'COMPLETELY REMODELED' with 'brand new flooring throughout,' a 'NEW KITCHEN' featuring 'top of the line stainless steel appliances' and 'quartz countertops,' and 'lavish bathrooms.' Images confirm a modern, high-quality renovation with new fixtures, lighting, and finishes, including a 'BRAND NEW AC.' All components appear new or virtually new, meeting current quality standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Income-Generating Potential

    The property includes 4 detached rental units in the rear, offering significant potential for rental income to offset ownership costs or provide investment returns.

  • Prime Santa Monica Location

    Situated in the 'PRIME Sunset Park area' of Santa Monica, the property is minutes from the beach and a stone's throw away from popular amenities like Trader Joe's, Whole Foods, Erewhon, Santa Monica Pier, Venice Beach, and Main St. nightlife, with easy freeway access.

  • Extensive Modern Remodel

    The main home has been completely and tastefully remodeled with brand new flooring, a new kitchen featuring top-of-the-line stainless steel appliances, quartz countertops, and lavish bathrooms, ensuring a move-in ready experience.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.

  • Age of Original Construction

    Despite extensive remodeling, the main structure was built in 1947, which may imply potential for older underlying infrastructure or unforeseen maintenance needs not addressed by cosmetic updates.

  • Multi-Unit Management Complexity

    While offering income, managing four additional detached rental units on the property can introduce complexities such as tenant relations, increased maintenance demands, and potential for reduced privacy for the main residence compared to a standalone home.

About 2218 24th Street

Imagine living in a COMPLETELY REMODLED home w/ an OPEN FLOOR PLAN in the PRIME Sunset Park area of Santa Monica. ***COLLECT RENTAL INCOME from 4 detached units in the rear of the property*** There are 5 units in total at this property. MINUTES TO THE BEACH!!! This fully remodeled home has been tastefully redone w/ brand new flooring throughout, NEW KITCHEN, top of the line stainless steel appliances, quartz countertops, & lavish bathrooms. Very private home in the heart of Santa Monica. Kitchen has a beautiful large island, bright & spacious family & dining area. Great for entertaining and comfortable living. BRAND NEW AC. ***FULL SIZE WASHER & DRYER INCLUDED*** Home has two bedrooms plus a bright bonus room with plenty of windows & sunlight that can be utilized as an extra bedroom, home office, or bonus room. Kitchen has plenty of drawers, storage, & also modern open shelving. Dining & kitchen area open up to a covered patio, perfect for entertaining, al-fresco dining or sitting outdoors & enjoying the outdoor after a long day at work. Stone's throw away from Trader Joe's, Whole Foods, Erewhon, World Famous Santa Monica Pier, Venice Beach, night life on Main St. & easy freeway access.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1947
Lot Size
7,514 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot3,4121,584
82%
Lot Size7,5146,116
92%
Price$3.00M$2.55M
64%
Price per sq ft$878$1.3K
8%
Built year19471947
50%
HOA$0$0
50%
Days on market32155
10%

Pricing History

Listed for Sale

Feb 2, 2026

$2,995,000

Initial Listing

Sold

Sep 24, 2021

$2,290,000

Public Record

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