737 Ashland Avenue, Santa Monica, California 90405, Santa Monica, 90405 - 4 bed, 2 bath
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Santa Monica, California 90405
This Restored 1888 Victorian Residence is a High-Potential Investment Opportunity listed at $2,098,000—positioned well below the $2,169,520 Fair Market Value by 3%. This valuation gap provides $71,520 in Instant Equity. Boasting a Condition Rating of 3, the home features 11-foot ceilings, restored wood floors, and a two-story deck with Park/Greenbelt views. Located in the heart of Ocean Park near top-rated Santa Monica schools, it offers a rare blend of historic charm and coastal lifestyle. This is an ideal acquisition for Owner-Occupants seeking a character-rich sanctuary or Buy-and-Hold Investors looking for a stable asset in a premier coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 737 Ashland Avenue Subject | $2,098,000* List Price | 4 | 2 | 1,777 | $1,221 | - |
A 822 Pine Street Sold | $2,316,000 | 4 | 3 | 1,810 | $1,280 | 0.3 mi |
B 832 Cedar Street Sold | $2,650,000 | 4 | 3 | 2,145 | $1,235 | 0.4 mi |
C 3005 Linda Lane Sold | $1,801,800 | 2 | 2 | 1,352 | $1,333 | 0.4 mi |
D 2716 6th Street Sold | $2,525,000 | 4 | 4 | 2,261 | $1,117 | 0.2 mi |
E 1034 Pacific Street Active Under Contract | $1,999,999 List Price | 3 | 1 | 1,415 | $1,413 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite its 1888 construction, the property is in move-in ready condition with significant evidence of restoration and maintenance. The interior features high-quality restored original wood flooring, 11-foot ceilings with preserved moldings, and updated bathrooms that feature modern glass-enclosed showers and subway tiling alongside period-appropriate clawfoot tubs. The exterior is well-landscaped with updated decking and brickwork. While the 'make it your own' description suggests some areas may benefit from personalization, the overall quality of the visible systems, fixtures, and finishes meets the 'Good' criteria for a well-maintained historic home.
Built in 1888, this rare gem features 11-foot ceilings, original moldings, and restored wood floors, offering a level of Victorian-era charm and architectural integrity seldom found in Santa Monica.
The property is perfectly situated in the heart of Ocean Park, providing residents with elite access to the beach, top-rated Santa Monica schools, and the vibrant local dining and shopping scene.
With a large two-story deck, a spacious backyard, and private lush grounds, the home excels at integrating interior living spaces with the natural environment, ideal for coastal entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1777, other record living area = 1261. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
As a structure dating back to 1888, the property may require specialized maintenance or future upgrades to aging systems that are common in homes of this significant historical vintage.
The floor plan offers four bedrooms but only two full bathrooms, which may be a drawback for modern luxury buyers seeking a higher bathroom-to-bedroom ratio for convenience and privacy.
A rare and unexpected gem perched on Ashland Avenue in Ocean Park, Santa Monica. Private, lush grounds greet you as you enter the front gate, surrounded by mature greenery on all sides. Step inside to an open and inviting living room with 11+ foot ceilings with original moldings and wood floors, lovingly restored and maintained over the years. Large windows catch light from all sides, highlighting the elegant Victorian era details and inimitable charm. Three bedrooms and two full baths on the main level plus a generously sized laundry room create a desirable and practical floor plan, and the downstairs level is a fourth bedroom or a great additional living space. The best of indoor-outdoor flow, with a large two-story deck overlooking the spacious backyard off the kitchen and primary bedroom, flowing to the downstairs bedroom. A large patio off the side of the home is another outdoor escape to enjoy the connection to nature. 737 Ashland is a private retreat in the heart of Ocean Park, with access to all it has to offer, including Santa Monica School systems, restaurants, coffee and shopping, and the beach. Ready for its next owner, come make this home your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,777 | 1,810 | 49% |
| Lot Size | 5,640 | 6,401 | 37% |
| Price | $2.10M | $2.76M | 20% |
| Price per sq ft | $1.2K | $1.4K | 17% |
| Built year | 1888 | 1944 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 140 | 3% |
Apr 13, 2026
$2,098,000
Initial Listing
Feb 2, 2001
$400,000
Public Record