41 Vicente Terrace, Santa Monica, California 90401, Santa Monica, 90401 - 3 bed, 3 bath
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Santa Monica, California 90401
This Historic Craftsman Duplex represents a premier beachside acquisition listed at $3,475,000, positioned with stability relative to its $3,440,372 Fair Market Value. Maintaining an Exceptional Condition Rating, the 1923 structure features a main residence with Ocean Views, a private courtyard, and a separate apartment generating $150,000 in Annual Income. Located steps from the sand in Santa Monica, the property includes a rare three-car garage and versatile living configurations. It is a sophisticated choice for Owner-Occupants seeking a lifestyle sanctuary or Buy-and-Hold Investors targeting a high-income trophy asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41 Vicente Terrace Subject | $3,475,000* List Price | 3 | 3 | 2,739 | $1,256 | - |
A 41 Vicente Terrace Active | $3,495,000 List Price | 4 | 5 | 3,339 | $1,047 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1923 Craftsman property is in exceptional move-in condition, characterized by high-quality maintenance of its historic details. The interior features well-preserved original hardwood floors, classic wood-paneled built-ins, and a pristine retro Gaffers & Sattler double oven that serves as a functional centerpiece. While the kitchen and bathrooms reflect a traditional/restored style rather than a modern renovation, the overall quality, functional systems, and lack of deferred maintenance align with the 'Good' category for a historic home.
Situated just steps from the sand on a historic Santa Monica block, the property offers rare ocean views and immediate walkability to world-class dining and the beach.
The property generates a substantial $150,000 in annual income from the secondary units alone, offering a significant financial offset or a high-yield investment opportunity.
The layout includes a main Craftsman home, a separate 600 SF apartment, and an additional 550 SF converted lower-level suite, providing unmatched flexibility for guests or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2739, other record living area = 3339. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3593, living area = 2739.
As a 1923 build, the property may require specialized maintenance or costly updates to aging systems to meet modern efficiency and seismic standards.
*Property to be delivered vacant* Steps from the sand, this beautifully maintained Craftsman Duplex offers a 2,139 SF Craftsman home with ocean views, timeless charm, complemented by a completely separate and enchanting 600 SF one-bedroom apartment located above a remarkable three-car garage (one open space). The main residence features a fully converted separate living area on the lower floor with kitchenette and full bath (550 SF not included in total square footage) offering flexible use as part of the home or as a private living space. Ideally located just steps from the ocean, Shutters and the beloved Capo Italian restaurant and cafe, this truly one-of-a-kind property is nothing short of magical and located on a quiet and historic block. The home is graced by a welcoming front yard and patio, as well as a serene rear courtyard that thoughtfully separates the two structures. Classic Craftsman elegance abounds, with ocean views, a wood-burning fireplace, original hardwood floors, and beautifully preserved architectural details throughout. The en-suite primary bedroom enjoys ocean views, a large bath with separate tub and shower and a spacious walk-in closet. A charming breakfast nook and delightful kitchen complete the experience, highlighted by a pristine Gaffers & Sattler retro double oven with six burners, a rare and striking centerpiece. The separate one-bedroom apartment, located above the garages and accessed through the courtyard and Vicente Court, is filled with character and offered in move-in condition (possibly furnished). Live the quintessential Santa Monica beach lifestyle, where breathtaking sunsets, surfing, walking, and biking are part of everyday life with nearly everything conveniently accessible by foot or bicycle. **This Craftsman Duplex generates $150,000 in annual income NOT including the home**. This special property is a must see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1923 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 27, 2026
$3,475,000
Initial Listing