652 Navy Street, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 1 bath
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Santa Monica, California 90405
This property presents a High-Potential Investment Opportunity with a List Price of $1,350,000—positioned well below the $1,350,242 Fair Market Value by 0.02%. With a Condition Rating of 6, the home requires a total gut-rehab, offering significant upside for forced appreciation through modernization. Its prime coastal location near Abbot Kinney provides strong rental demand. This is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors seeking a rare project in a premier Santa Monica neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 652 Navy Street Subject | $1,350,000* List Price | 2 | 1 | 608 | $2,221 | - |
A 633 Navy Street Active | $1,499,000 List Price | 2 | 1 | 689 | $2,176 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1923 and over 100 years old with no evidence of significant renovations, this property fits the criteria for land value only. The interior shows original hardwood floors with heavy wear, dated electrical outlets, and an unfinished accessory structure, suggesting the home requires a total gut-rehab or replacement.
The property is ideally situated within walking distance to the beach, Abbot Kinney Boulevard, and the Venice Boardwalk, offering the quintessential Santa Monica lifestyle.
As a detached single-family residence in a premium neighborhood, this bungalow presents a rare opportunity for value-add through customization or modernization.
Located on a quiet, tree-lined street, the home offers a peaceful residential atmosphere while remaining close to world-class dining, shopping, and entertainment.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With only 608 square feet of living area for a two-bedroom layout, the interior footprint is exceptionally small and may feel cramped for modern living standards.
The 2,012 square foot lot provides very limited outdoor space and may restrict future expansion possibilities or significant architectural additions.
Welcome to this charming bungalow located in one of Santa Monica’s most desirable neighborhoods. Just a short walk to the beach, trendy restaurants, lively bars, boutique shops, and the iconic Abbot Kinney Boulevard and Venice Boardwalk, this home offers the very best of coastal California living. Tucked away on a quiet, tree-lined street, this cozy residence is perfect for first-time homebuyers or savvy investors. Enjoy the tranquility of a residential setting with convenient access to public transportation and all the excitement Santa Monica has to offer. Inside, you’ll find a warm and inviting layout filled with natural light. The home features 2 bedrooms, 1 full bathroom, a welcoming living area, and plenty of potential to customize or update to your style. Whether you're looking to settle into a prime neighborhood or expand your real estate portfolio, this is a rare opportunity in an unbeatable location. Don’t miss your chance to own a piece of Santa Monica paradise!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.5 |
| Baths | 1.0 | 3.5 |
| Square foot | 608 | 2,285.5 |
| Lot Size | 2,012 | 7,496 |
| Price | $1.35M | $3.70M |
| Price per sq ft | $2.2K | $1.7K |
| Built year | 1923 | 1936 |
| HOA | $0 | $0 |
| Days on market | 32 | 51 |
Jun 20, 2026
$1,350,000
Initial Listing