939 25th St, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 1 bath
939 25th St
Santa Monica, California 90403
Property Price
SUMMARY
Analysis of 939 25th St, Santa Monica, California 90403 reveals a Fairly Priced Property with a current list price of $2,900,000 aligned with the estimated $2,949,553 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 939 25th St Subject | $2,900,000* List Price | 2 | 1 | 1,746 | $1,689 | - |
A 2832 Washington Sold | $2,833,000 | 2 | 2 | 1,455 | $1,947 | 0.1 mi |
B 2832 Washington Avenue Sold | $2,675,000 | 2 | 2 | 1,455 | $1,838 | 0.3 mi |
C 928 26th Street Active | $3,275,000 List Price | 3 | 3 | 1,655 | $1,979 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1927 and held by the original owners for nearly a century, the property is explicitly marketed as a 'land-value opportunity' for new construction. Given the age, the small 2-bedroom/1-bathroom footprint, and the listing's focus on the oversized lot and neighborhood redevelopment, the existing structure is considered to have reached the end of its functional life for this high-value market.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8332, living area = 1746.
- Prime Location
Situated in Santa Monica's highly coveted Northeast neighborhood, the property offers an A+ Westside location near Wilshire Boulevard's premier shopping, dining, and top-rated schools.
- Significant Development Potential
The oversized 8,332 square foot lot provides a rare land-value opportunity for a custom expansion or new construction project in a neighborhood defined by luxury estates.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Dated Condition
Built in 1927, the home likely requires a complete renovation or teardown to meet modern luxury standards, necessitating a substantial additional capital investment.
- Limited Existing Layout
The current 2-bedroom, 1-bathroom configuration is undersized for the price point and target demographic, limiting its immediate utility for modern families.
About 939 25th St
Set on a prime parcel in Santa Monica's most sought-after Northeast neighborhood, this property presents an exceptional land-value opportunity in the A+ Westside Los Angeles region. The 1,746 square foot residence rests on a generous 8,332 square foot lot, providing a prime setting for expansion. Perfectly positioned just minutes from Wilshire Boulevard's renowned shops and restaurants, this address offers the quintessential Santa Monica lifestyle. It is also located within a highly rated Santa Monica school district, further enhancing its long-term value. It is surrounded by established luxury homes and new construction, offering a rare chance to build in a neighborhood where location truly defines the investment. Original owners, first time on the market-bring your design style and make it yours!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 8,332 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 1.0 | 3.0 | 13% |
| Square foot | 1,746 | 1,886 | 47% |
| Lot Size | 8,332 | 7,854 | 73% |
| Price | $2.90M | $3.33M | 40% |
| Price per sq ft | $1.7K | $1.7K | 47% |
| Built year | 1927 | 1937 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 175 | 7% |
Pricing History
Listed for Sale
Feb 28, 2026
$2,900,000
Initial Listing