2521 33rd Street, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 1 bath
2521 33rd Street
Santa Monica, California 90405
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2521 33rd Street Subject | $2,795,000* List Price | 2 | 1 | 1,571 | $1,509 | - |
A 2333 22nd Street Pending | $1,999,000 List Price | 2 | 2 | 1,175 | $1,701 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1946, the property is explicitly marketed as a 'lot value opportunity' for developers, indicating the existing structures are not the primary value. The description notes the SFR and guest house are 'likely dated and would require substantial renovation or demolition.' Images show a neglected exterior with an older roof and overgrown yard, suggesting significant deferred maintenance. Without interior photos, the age and description strongly imply original or very outdated kitchens, bathrooms, and systems, making the structures effectively unlivable by modern standards and suitable for demolition to maximize the land's potential.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9636, living area = 1571.
- Exceptional Lot Value
The property offers a fantastic lot value opportunity with an oversized 9,636 square foot lot (60x160), which is a rare and highly desirable asset in Santa Monica.
- Prime Sunset Park Location
Situated in the highly sought-after Sunset Park neighborhood of Santa Monica, providing access to excellent amenities, schools, and strong property appreciation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
- Rent Control & Tenant Occupancy
The property is tenant-occupied and subject to Santa Monica Rent Control, which presents significant challenges and potential costs for immediate owner-occupancy or redevelopment.
- Age and Condition of Existing Structures
Built in 1946, the existing SFR and guest house are likely dated and would require substantial renovation or demolition, adding to the overall project cost.
About 2521 33rd Street
Fantastic lot value opportunity in prime Sunset Park neighborhood! 60x160, oversized, 9,636 square foot lot! Property is currently Tenant occupied and subject to Santa Monica Rent Control. Property has a SFR (2bd+1ba) and guest house (1bd+1ba). Location and lot size cannot be beat for developers and owner-users alike! Call your architect now!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 9,636 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 3.0 | 33% |
| Baths | 1.0 | 2.0 | 15% |
| Square foot | 1,571 | 1,571 | 50% |
| Lot Size | 9,636 | 6,116 | 97% |
| Price | $2.79M | $2.55M | 62% |
| Price per sq ft | $1.8K | $1.3K | 74% |
| Built year | 1946 | 1946 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 155 | 10% |
Pricing History
Listed for Sale
Jan 30, 2026
$2,795,000
Initial Listing