3047 Delaware Avenue, Santa Monica, California 90404, Santa Monica, 90404 - 3 bed, 2 bath
ACTIVE$1,750,000
3047 Delaware Avenue, Santa Monica, California 90404
3Beds
2Baths
1,824Sqft
6,534Lot
Year Built
1947
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
$959
HOA
-
Days on market
-
Sold On
-
MLS number
24385109
Home ConditionPoor
Features
Pool
Patio
View
About this home
Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.75M(50th), sqft - 1824(70th), beds - 3(50th), baths - 2(50th).
Terrific opportunity to reimagine a wonderful one of a kind home on a peaceful street adorned with majestic trees in a great area. This 3 bed/ 1.5 bath plus den home is waiting to create new lasting memories. Generous outdoor space for chilling and grilling. Plus a separate fenced outdoor pool area. Parking will never be an issue with enough space to park 6 plus cars in the garage, carport, and driveway.
Condition Rating
Poor
Built in 1947, this property requires substantial rehabilitation. The kitchen features extremely dated orange laminate countertops, old light-colored cabinets, and non-integrated white appliances, along with linoleum flooring. The bathroom is equally outdated with old wall tiles, a basic vanity, and dated strip lighting. The overall aesthetic, including wood paneling and terracotta-style tiles in a bedroom, suggests renovations from 30-50+ years ago, if any significant ones occurred. The listing description itself implies a need to 'reimagine' the home, indicating significant modernization is required to meet current quality standards and buyer expectations.
Pros & Cons
Pros
Prime Santa Monica Location: Located on a peaceful street adorned with majestic trees in a great area of Santa Monica, offering a desirable and serene living environment.
Significant Customization Potential: Described as a 'terrific opportunity to reimagine,' the property offers a blank canvas for buyers to personalize and modernize to their specific tastes and needs.
Generous Outdoor Living Space: Features ample outdoor space suitable for 'chilling and grilling,' complemented by a separate fenced outdoor pool area, ideal for recreation and entertaining.
Exceptional Parking Capacity: Offers extensive parking with space for '6 plus cars' in the garage, carport, and driveway, a highly valuable amenity in Santa Monica.
Versatile Floor Plan with Den: Includes a den in addition to the 3 bedrooms, providing flexible space for a home office, guest room, or additional living area.
Cons
Limited Bathroom Count: The property features 1.5 bathrooms for a 3-bedroom home, which may be considered insufficient for modern living standards and could necessitate future upgrades.
Required Renovation/Updates: The phrasing 'reimagine a wonderful one of a kind home' implies the property is in need of significant renovation and modernization, which will require substantial additional investment.
Potential Overpricing: The listing price of $1.75 million is approximately 14% higher than the estimated property value of $1.5 million, suggesting it may be priced above current market expectations.