2345 27th Street, Santa Monica, California 90405, Santa Monica, 90405 - 5 bed, 6 bath
2345 27th Street
Santa Monica, California 90405
Property Price
SUMMARY
Analysis of 2345 27th Street, Santa Monica, California 90405 reveals a Fairly Priced Property with a current list price of $4,995,000 aligned with the estimated $5,024,051 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2345 27th Street Subject | $4,995,000* List Price | 5 | 6 | 4,000 | $1,256 | - |
A 2455 23rd Street Sold | $4,899,000 | 6 | 6 | 4,281 | $1,144 | 0.4 mi |
B 1726 Pier Avenue Sold | $5,300,000 | 5 | 6 | 4,176 | $1,269 | 0.9 mi |
C 2666 33rd Street Sold | $4,200,000 | 4 | 4 | 3,642 | $1,153 | 0.4 mi |
D 2114 Pier Avenue Sold | $5,215,000 | 7 | 6 | 4,865 | $1,072 | 0.7 mi |
E 2656 32nd Street Sold | $4,100,000 | 4 | 5 | 3,239 | $1,266 | 0.4 mi |
F 2432 22nd Street Active | $4,995,000 List Price | 6 | 7 | 4,193 | $1,191 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property, built in 2015, is a modern, high-end residence that is virtually new. The kitchen features premium stainless steel Miele appliances, custom cabinetry, and a sleek design. Bathrooms are equally modern with high-quality fixtures, freestanding tubs, and contemporary tiling. Hardwood floors, dual HVAC systems, and clean architectural lines throughout confirm its excellent condition, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Location
Situated in Santa Monica's coveted Sunset Park neighborhood, offering excellent proximity to amenities, top schools (Grant Elementary), and the beach.
- Modern & Newer Construction
Built in 2015, featuring contemporary design with soaring ceilings, clean architectural lines, and large picture windows, ensuring a move-in ready experience.
- Versatile Detached Guest House
Includes a separate guest house with a full kitchen and bath, providing flexible options for extended family, guests, or a dedicated home office.
CONSRISKS & DEFICIENCIES
- Premium Price Point
The list price of nearly $5 million places it in the ultra-luxury segment, potentially narrowing the pool of prospective buyers.
- Absence of a Pool/Spa
Despite the expansive lot size, the property does not feature a pool or spa, which may be a desired amenity for some luxury buyers in this climate.
- Alley-Accessed Garage
While offering privacy, the detached 3-car garage is accessed via a semi-private alley, which some buyers might find less convenient or desirable than direct street access.
About 2345 27th Street
Located in Santa Monica's coveted Sunset Park neighborhood, this newer two-story modern residence is set on an expansive 8,112 square foot lot and offers exceptional space, thoughtful design, and versatility. The main home features four bedrooms and 4.5 bathrooms, complemented by a detached guest house with its own full kitchen and bath ideal for guests, extended family, or a private office. Expansive interiors are highlighted by soaring ceilings, clean architectural lines, large picture windows, dual HVAC systems, and a sleek fireplace. The chef's kitchen is outfitted with custom cabinetry, generous prep space, a center island, and premium stainless steel Miele appliances. Designed for seamless indoor-outdoor living, the home opens to thoughtfully landscaped front and rear yards with low-drought finishes and sliding glass doors, while a dramatic spiral staircase leads to a rooftop deck. A semi-private alley provides light, privacy, and direct access to a detached 3 car garage. Located within the Grant Elementary School district and just minutes from Trader Joe's, local dining, parks, Santa Monica College, and the beach.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2015
- Lot Size
- 8,098 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 6.0 | 2.0 | 90% |
| Square foot | 4,000 | 1,584 | 87% |
| Lot Size | 8,098 | 6,116 | 92% |
| Price | $5.00M | $2.55M | 90% |
| Price per sq ft | $1.2K | $1.3K | 28% |
| Built year | 2015 | 1947 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 155 | 13% |
Pricing History
Listed for Sale
Jan 26, 2026
$4,995,000
Initial Listing
Sold
Jul 1, 2015
$3,350,000
Public Record
Sold
Dec 28, 2012
$910,000
Public Record