844 25th Street, Santa Monica, California 90403, Santa Monica, 90403 - 3 bed, 2 bath
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Santa Monica, California 90403
This Prime Redevelopment Asset is listed at $3,368,900, representing a stable entry point aligned with its $3,245,171 Fair Market Value. Carrying a Condition Rating of 5, the property is a strategic value-add play driven by its oversized 7,989-square-foot lot and a versatile detached ADU. Situated in the Santa Monica-Malibu Unified district and elite Northeast Santa Monica, the site offers significant equity growth through a custom luxury build or comprehensive modernization. This high-potential acquisition is an ideal match for Developers or Luxury Home Builders targeting the Westside's premium market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 844 25th Street Subject | $3,368,900* List Price | 3 | 2 | 1,435 | $2,122 | - |
A 2832 Washington Sold | $2,833,000 | 2 | 2 | 1,455 | $1,947 | 0.2 mi |
B 859 22nd Street Sold | $3,325,000 | 2 | 2 | 1,375 | $2,418 | 0.2 mi |
C 939 25th St Sold | $2,900,000 | 2 | 1 | 1,746 | $1,661 | 0.1 mi |
D 2832 Washington Avenue Sold | $2,675,000 | 2 | 2 | 1,455 | $1,838 | 0.4 mi |
E 917 Princeton Street Active Under Contract | $2,995,000 List Price | 3 | 2 | 1,712 | $1,749 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1937, this property is explicitly marketed as a remodeling or redevelopment prospect. While the home appears well-maintained and staged, the kitchen and bathrooms feature highly outdated tiling, cabinetry, and appliances that likely haven't been updated in over 40 years. The 'retro' fireplace and original built-ins, combined with the listing's emphasis on the large lot for expansion, indicate that the value is primarily in the land and that the structure requires substantial rehabilitation or a complete gut renovation to meet modern living standards and building codes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7989, living area = 1435.
Situated in the highly coveted Northeast Santa Monica neighborhood, the property is minutes from luxury amenities like Erewhon, Brentwood Country Club, and Wilshire Boulevard.
The generous 7,989-square-foot lot is exceptionally large for the area, offering a rare opportunity for a substantial residential expansion or complete redevelopment.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Marketed as a remodeling prospect, the 1937 structure likely requires significant capital investment to meet modern luxury standards and systems.
With only 1,435 square feet of living space at a premium price point, the value is heavily weighted in the land rather than the existing improvements.
Looking for a compelling remodeling or redevelopment prospect? Situated in Santa Monica's sought-after Northeast neighborhood, this 3-bedroom, 2-bath home holds untapped potential! The 1,435-square-foot residence rests on a generous 7,989-square-foot lot, providing a prime setting for expansion. Natural light streams through the bay window into the living room, where a retro-style fireplace creates a warm, vintage-inspired conversation hub. Built-in shelving in the dining area displays your cherished knick-knacks. A picture window above the kitchen sink brightens its tiled countertops and appliances, while ample hallway storage leads to comfortable bedrooms. Outdoors, an extensive backyard filled with vibrant foliage invites relaxation and entertaining. Notable features include a laundry room, a carport with convenient alley access, and a detached ADU complete with kitchenette, loft, and full bath, ready for guests, creative use, or rental income. Close to Erewhon, Brentwood Country Club, Douglas Park, and the iconic shops along Wilshire Boulevard, and only a short drive to Palisades Park, Santa Monica State Beach, PCH, and downtown Santa Monica, it combines location, character, and exceptional opportunity. Envision your next chapter here!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 38% |
| Square foot | 1,435 | 1,920.5 | 19% |
| Lot Size | 7,989 | 7,880.5 | 56% |
| Price | $3.37M | $3.35M | 50% |
| Price per sq ft | $2.3K | $1.8K | 88% |
| Built year | 1937 | 1937 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 158 | 38% |
Feb 18, 2026
$3,368,900
$1,799,900
+87% Price Increase
Initial Listing
Jan 5, 2026
$1,799,900
Initial Listing