2464 Ocean Park Boulevard, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 2 bath
ACTIVE$1,450,000$1,120/sqft
Est. Value: $1,438,670
%
FairlyEstimate
2464 Ocean Park Boulevard, Santa Monica, California 90405
2Beds
2Baths
1,120Sqft
3,203Lot
Price Vs. Estimate
The estimated value ($1,438,669.535) is $11,330.465 (0%) lower than the list price ($1,450,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Santa Monica Location: Situated in highly desirable Santa Monica, offering excellent access to Clover Park, diverse restaurants, and shopping, along with access to reputable Santa Monica schools.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1120, other record living area = 984.
Compared to the nearby listings
Price:$1.45M vs avg $2.46M ($-1,012,000)8%
Size:1,120 sqft vs avg 1,549.5 sqft17%
Price/sqft:$1.3K vs avg $1.3K47%
More Insights
Built in 1953 (73 years old).
Condition: Built in 1953, this property has clearly undergone significant updates, particularly in the kitchen which features modern white shaker cabinets, stainless steel appliances, a farmhouse sink, and subway tile backsplash, indicating a renovation within the last 5-15 years. The bathrooms are clean and functional with updated tiling, though one vanity is more traditional. Hardwood floors are well-maintained throughout the living areas and bedrooms. While the core structure is older, the visible components are in good condition, making it move-in ready with no immediate renovation required, aligning with a 'Good' rating.
Year Built
1953
Close
-
List price
$1.45M
Original List price
$1.45M
Price/Sqft
$1,295
HOA
-
Days on market
-
Sold On
-
MLS number
26635339
Home ConditionGood
Features
View-
About this home
Fantastic opportunity in Santa Monica. Great entry level single family home. Lots of potential on this street to alley R3 lot. Light and bright. Hardwood floors throughout. Spacious updated kitchen with beamed ceiling. Spacious primary bedroom. Cozy backyard great for entertaining or lounging. Santa Monica schools. Close to Clover Park, restaurants, and shopping.
P
Paul Figueiredo
Listing Agent
Price History
Date
Event
Price
03/27/20
Sold
$1,300,000
07/29/15
Sold
$1,070,000
02/16/07
Sold
$700,000
06/15/05
Sold
$900,000
01/02/04
Sold
$551,000
09/13/01
Sold
$302,500
Condition Rating
Good
Built in 1953, this property has clearly undergone significant updates, particularly in the kitchen which features modern white shaker cabinets, stainless steel appliances, a farmhouse sink, and subway tile backsplash, indicating a renovation within the last 5-15 years. The bathrooms are clean and functional with updated tiling, though one vanity is more traditional. Hardwood floors are well-maintained throughout the living areas and bedrooms. While the core structure is older, the visible components are in good condition, making it move-in ready with no immediate renovation required, aligning with a 'Good' rating.
Pros & Cons
Pros
Prime Santa Monica Location: Situated in highly desirable Santa Monica, offering excellent access to Clover Park, diverse restaurants, and shopping, along with access to reputable Santa Monica schools.
R3 Lot Zoning & Development Potential: The property sits on a street-to-alley R3 zoned lot, presenting significant potential for future expansion, multi-unit development, or increased density, adding substantial long-term value.
Updated Kitchen: Features a spacious and updated kitchen with a beamed ceiling, providing a modern and appealing central hub for the home.
Hardwood Floors Throughout: The presence of hardwood floors throughout the home offers a classic, durable, and aesthetically pleasing finish that is highly sought after by buyers.
Entry-Level Santa Monica Opportunity: Described as a 'great entry level single family home,' it offers a rare and valuable opportunity to own a detached property in a premium, high-demand Santa Monica market.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1120, other record living area = 984.
Limited Living Space: At 1120 sqft, the home offers relatively compact living quarters, which may not meet the space requirements for all buyers, particularly families.
Aging Infrastructure Potential: Built in 1953, the property, despite some updates, may still possess older core systems (e.g., plumbing, electrical, HVAC) that could require significant investment for modernization or maintenance in the future.
Small Lot Size: The 3203 sqft lot is relatively small, limiting extensive outdoor space for recreation or significant ground-level expansion without impacting the existing yard.