426 Georgina Avenue, Santa Monica, California 90402, Santa Monica, 90402 - 3 bed, 5 bath

426 Georgina Avenue
Santa Monica, California 90402
Property Price
SUMMARY
Analysis of 426 Georgina Avenue, Santa Monica, California 90402 is currently available with a list price of $13,500,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1922, the residence is well-maintained and move-in ready. The kitchen has been remodeled with modern stainless steel appliances, stone countertops, and white cabinetry. The interior features polished hardwood flooring, updated light fixtures, and abundant natural light. While the property is marketed for its significant development potential, the existing structure and systems appear functional and well-kept, fitting the criteria for a 'good' condition score.
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 = 21963, living area = 2958.
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Rare Expansive Lot
Situated on a nearly half-acre lot on the prestigious Georgina Avenue, this property offers a rare combination of scale and a private tennis court in one of Santa Monica's most coveted locations.
CONSRISKS & DEFICIENCIES
- Dated Existing Structure
Built in 1922, the current 2,958-square-foot home is likely a tear-down or requires a massive overhaul to align with the premium land value and modern luxury expectations.
- High Total Investment Cost
With a $13.5 million entry price for the land alone, the total capital required to execute the 10,000-square-foot build-out will be substantial, limiting the potential buyer pool to ultra-high-net-worth individuals.
About 426 Georgina Avenue
A charming single-story residence set on a rare, expansive lot of approximately half an acre with a tennis court in the heart of Santa Monica, ideally located on coveted Georgina Avenue. Lush landscaping and manicured lawns create an inviting sense of arrival. Inside, beautiful flooring and abundant natural light enhance the home's comfortable, timeless interior. The spacious living room is anchored by a striking fireplace and framed by oversized picture windows. A remodeled kitchen offers generous workspace and effortless flow for everyday living. The generously sized primary suite features an en-suite bath, and is complemented by two additional well-proportioned bedrooms. Outdoors, the property offers a full private tennis court and a separate guest house. This rare offering presents an exceptional opportunity to remodel, expand, or create a world-class estate. The property includes plans by renowned architect Ken Ungar for a spectacular future residence of over 10,000 square feet with six bedrooms and seven bathrooms. The plans include a multitude of luxury amenities including a gym, theater, sauna, study/office, and a two-car garage. This is a truly special chance to have a dream home in one of Santa Monica's most sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 21,963 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Monica Unified Schools
Roosevelt Elementary School
Grades K-5 • 0.4 mi
Franklin Elementary School
Grades PK-5 • 1.5 mi
Brentwood Science School
Grades K-5 • 2.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 5.0 | 4.0 | 60% |
| Square foot | 2,958 | 3,103 | 49% |
| Lot Size | 21,963 | 8,693 | 87% |
| Price | $13.50M | $5.10M | 91% |
| Price per sq ft | $4.6K | $1.7K | 98% |
| Built year | 1922 | 1948 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 183 | 2% |
Pricing History
Listed for Sale
Feb 13, 2026
$13,500,000
Initial Listing
Sold
Feb 3, 2023
$8,700,000
Public Record
Sold
Jun 30, 1995
$400,000
Public Record























