2519 31st Street, Santa Monica, California 90405, Santa Monica, 90405 - 3 bed, 3 bath
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Santa Monica, California 90405
This Single Family Residence is a Strong Value Opportunity, listed at $1,995,000—positioned well below the $2,075,262 Fair Market Value by 3%. This valuation gap offers $80,262 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers modernized living spaces and a spacious 6,003 sqft lot with significant ADU potential. Located in the sought-after Sunset Park neighborhood near Grant Elementary, this property is ideal for Owner-Occupants seeking a lifestyle upgrade or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2519 31st Street Subject | $1,995,000* List Price | 3 | 3 | 1,812 | $1,145 | - |
A 2405 33rd Street Sold | $1,900,000 | 2 | 2 | 1,338 | $1,420 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1939, the property has undergone significant renovations. The kitchen features stainless steel appliances and cabinetry consistent with a 10-15 year old remodel. The interior shows well-maintained hardwood floors, recessed lighting, and central HVAC vents, indicating updated systems. The home is move-in ready and functional.
Situated on a picturesque tree-lined street, the property offers exceptional walkability to Grant Elementary, Clover Park, and the trendy shops and dining along the Ocean Park corridor.
The expansive 6,003 sqft lot serves as a blank canvas with ample space to add a pool, guest house, or ADU, providing a rare opportunity to increase equity and square footage in a high-demand area.
The home features three fully remodeled bathrooms and a stunning family room with soaring ceilings and French doors, seamlessly blending classic charm with contemporary indoor-outdoor flow.
Originally built in 1939, the property may require ongoing maintenance or updates to older systems typical of homes from this era that have not undergone a comprehensive, full-stud renovation.
The listing explicitly notes a lack of views, which may be a competitive disadvantage compared to other premium Santa Monica properties that offer ocean, mountain, or city light vistas.
Located on one of the most beautiful tree-lined streets in all of Sunset Park, this exceptional property offers the perfect blend of charm, lifestyle, and opportunity. Just moments from the vibrant Ocean Park corridor, you'll enjoy easy access to some of the neighborhood's best restaurants, cafes, and boutique shopping, while highly regarded Grant Elementary and the expansive green spaces of Clover Park are both within easy walking distance. Inside, the home features three bedrooms and three beautifully remodeled full bathrooms, complemented by spacious living and dining areas designed for both everyday comfort and effortless entertaining. A stunning family room with soaring ceilings and French doors creates a seamless connection to the outdoors, filling the home with natural light and warmth. The expansive backyard is a true blank canvas, offering endless possibilities for creating your dream outdoor retreat. Whether you envision a pool, guest house or ADU, lush gardens, fruit trees, play spaces, al fresco dining areas, or intimate lounge settings, the space is there to bring your vision to life. A great opportunity to own a special home in one of Santa Monica's most sought-after neighborhoods - Sunset Park! **OFFER DEADLINE JULY 15, 2026 @ 6 PM**
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 3.5 |
| Square foot | 1,812 | 2,285.5 |
| Lot Size | 6,003 | 7,496 |
| Price | $2.00M | $3.70M |
| Price per sq ft | $1.1K | $1.7K |
| Built year | 1939 | 1936 |
| HOA | $0 | $0 |
| Days on market | 19 | 51 |
Jul 3, 2026
$1,995,000
Initial Listing
May 31, 2007
$1,315,000
Public Record
Mar 31, 2006
$1,001,000
Public Record