654 Hill Street, Santa Monica, California 90405, Santa Monica, 90405 - 4 bed, 3 bath

654 Hill Street, Santa Monica, California 90405 home-pic-0
ACTIVE UNDER CONTRACT$3,100,000
654 Hill Street, Santa Monica, California 90405
4Beds
3Baths
2,208Sqft
5,095Lot
Year Built
1940
Close
-
List price
$3.1M
Original List price
$3.25M
Price/Sqft
$1,404
HOA
-
Days on market
-
Sold On
-
MLS number
25525613
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 25% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.10M(67th), sqft - 2208(64th), beds - 4(64th), baths - 3(57th).

This updated Ocean Park home offers a 3 bedroom, 2 bathroom main house plus a studio with full bathroom and kitchenette above the detached garage. The first floor features the open floor plan living room that flows into the dining room and kitchen. The living room opens the large front yard, a peaceful outdoor oasis surrounded by hedges with a fire pit and fountain, and there's a deck off the kitchen providing a great area for grilling and outdoor dining. 2 guest bedrooms and 1 full bathroom are on the first floor, while the primary suite is on its own lower level, offering radiant heated floors, large closet, and en-suite bathroom with separate soaking tub and shower. Above the detached 2-car garage, there is a newly built studio with a murphy bed, full bathroom, and kitchenette, ideal for a home office or guests. Additional highlights include the tranquil Zen-inspired backyard, finished garage used as a gym/bonus space, playroom under the house, gated driveway parking, and laundry. Excellent location, west of Lincoln Blvd, just a few blocks from the beach and shopping and dining on Main St.

Price History

Date
Event
Price
02/04/19
Sold
$1,895,000
02/08/10
Sold
$1,260,000
07/11/03
Sold
$989,000
Condition Rating
Excellent

Despite being built in 1940, the property has undergone extensive and recent renovations, as evidenced by the modern, high-quality finishes throughout. The kitchen features contemporary flat-panel cabinetry, light green countertops, and stainless steel appliances, all appearing virtually new. Bathrooms are similarly updated with modern fixtures, including a primary suite with a separate soaking tub and shower, and a newly built studio with a full modern bathroom and kitchenette. Flooring consists of stylish hardwood and polished concrete. While the absence of central air conditioning is noted, the overall condition, style, and features of the renovated spaces meet current quality standards, indicating a comprehensive and recent overhaul.
Pros & Cons

Pros

Prime Coastal Location: Excellent location west of Lincoln Blvd, just a few blocks from the beach and vibrant shopping and dining on Main Street, offering highly desirable Santa Monica living.
Detached Studio with ADU Potential: A newly built studio with a full bathroom and kitchenette above the detached garage provides flexible space for a home office, guest quarters, or potential rental income.
Extensive Outdoor Living Spaces: Features include a large, private front yard with a fire pit and fountain, a deck off the kitchen for grilling and dining, and a tranquil Zen-inspired backyard.
Luxurious Primary Suite: The primary suite is thoughtfully designed on its own lower level, boasting radiant heated floors, a large closet, and an en-suite bathroom with a separate soaking tub and shower.
Versatile Bonus Areas: Additional functional spaces include a finished garage used as a gym/bonus area and a playroom under the house, adding significant utility and flexibility.

Cons

Significant Price Discrepancy: The current listing price of $3.1M is substantially higher than the property's estimated value of $2.32M, indicating a potential overpricing of 25% based on available data.
Lack of Desirable Views: The property explicitly states 'None' for views, which may be a drawback for buyers seeking ocean or city vistas in a premium coastal market.
Absence of Central Air Conditioning: While radiant heated floors are mentioned for the primary suite, there is no indication of a cooling system, which could impact comfort during warmer periods.

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