806 Navy Street, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 1 bath
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Santa Monica, California 90405
This Turnkey Beach Bungalow represents a Prime Investment Opportunity, listed at $1,495,000—positioned well below the $1,530,859 Fair Market Value by 2%. This valuation gap offers $35,859 in Instant Equity. Featuring a Mint Condition Rating, the home includes a renovated bathroom, newer appliances, and a versatile bonus room. With a private backyard and front deck, this property offers a rare coastal lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready residence in Ocean Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 806 Navy Street Subject | $1,495,000* List Price | 2 | 1 | 860 | $1,780 | - |
A 745 Navy Street Active | $1,399,000 List Price | 1 | 1 | 712 | $1,965 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1951 build date, the property is in mint condition following recent renovations. It features a recently updated bathroom, a kitchen with newer stainless steel appliances (including a brand-new dishwasher), newer windows, and wood-look flooring throughout. The presence of vaulted ceilings, skylights, and updated systems indicates a high level of maintenance and modern appeal, making it fully move-in ready.
Situated west of Lincoln Boulevard in the highly sought-after Ocean Park neighborhood, this property offers exceptional walkability to Rose Avenue, Main Street, and the beach.
The home features contemporary updates including vaulted ceilings, skylights, and a renovated bathroom, along with a versatile bonus room that maximizes the functional living space.
Rare for a beach bungalow, the property boasts both a private backyard and a spacious front deck, providing ample room for outdoor entertaining and enjoying the coastal climate.
With only 860 square feet of living space and a single bathroom, the property's compact size may be a constraint for growing families or those requiring more interior volume.
The property relies on permit street parking, which can be a significant drawback in a high-density Santa Monica neighborhood where private garages or driveways are highly valued.
Located in Ocean Park, Santa Monica, this charming beach bungalow presents a rare opportunity to enjoy quintessential coastal living with both a private backyard and additional front patio space ideal for entertaining and everyday relaxation. Positioned west of Lincoln Boulevard, the updated residence features 2 bedrooms, 1 bathroom, and a versatile bonus room that functions perfectly as a home office, den, or potential third bedroom. Light-filled interiors are enhanced by vaulted ceilings, skylights, newer windows, and wood-look flooring throughout. The inviting living room, complete with a fireplace, flows seamlessly into the dining area and kitchen, creating a comfortable and functional layout. The kitchen is equipped with newer appliances, including a brand-new dishwasher, while the recently renovated bathroom offers a fresh, modern aesthetic. Outdoor spaces are a true highlight, with a spacious front deck and private backyard, all designed to take advantage of Ocean Park's year-round coastal climate. Ample permit street parking adds convenience.Ideally located just moments from Rose Avenue, Main Street, Venice, Marina del Rey, the Santa Monica Pier, and Third Street Promenade, with easy access to renowned restaurants, cafes, shopping, Whole Foods, and Ozone Park. Some virtual staging shown.
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 | 860 | 2,285.5 |
| Lot Size | 1,987 | 7,496 |
| Price | $1.50M | $3.70M |
| Price per sq ft | $1.7K | $1.7K |
| Built year | 1951 | 1936 |
| HOA | $0 | $0 |
| Days on market | 29 | 51 |
Jun 23, 2026
$1,495,000
Initial Listing
Jun 28, 2022
$1,312,000
Public Record
Nov 25, 1997
$220,000
Public Record