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652 Navy Street

Santa Monica, CA 90405

$1,350,000 $5,691/Mo

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Overview

Bed

Bath

608

Sqft

2,012

Sqft(Lot)

Description

652 Navy St, Santa Monica, CA 90405 Redevelopment Opportunity – Ocean Park / Santa Monica Rare opportunity to acquire a property in one of Santa Monica’s most desirable coastal neighborhoods. Located on Navy Street, this approximately 2,012 sq. ft. lot offers investors, developers, and end users the opportunity to create a future custom residence or explore redevelopment potential, subject to City approvals. Recent nearby redevelopment and luxury new-construction sales demonstrate the strong demand for newly built homes on smaller coastal lots: Recent Redevelopment / New Construction Comparable Sales • 645 Navy St, Santa Monica Sold for $3,119,388 3 Beds | 3 Baths | 1,806 Sq. Ft. Approx. 2,000 Sq. Ft. Lot Brand-new architectural home featuring high-end finish es and modern coastal design. • 647 Navy St, Santa Monica Pending Sale for $2,995,000.00 Approximately 1,806 Sq. Ft. residence on Navy Street, demonstrating the premium buyers have historically placed on this location. These comparable sales highlight the significant upside potential for a buyer who can transform 652 Navy Street into a modern luxury residence. The property benefits from its proximity to the beach, Main Street, Abbot Kinney Boulevard, restaurants, shopping, and the highly desirable Santa Monica lifestyle. Investment Highlights Prime Navy Street location Approx. 2,012 sq. ft. lot Existing structure with redevelopment potential Strong precedent for $3M+ luxury sales nearby Ideal for developers, investors, or owner-users seeking a coastal Santa Monica project Buyer to verify all zoning, development opportunities, permits, and allowable uses with the City of Santa Monica.

Property Details

Property Type : Residential

Price : $1,350,000

AD Id : 85692267

MLS Id : IN26135103

Beds : 2

Lot Size : 2,012 Sqft

Living Area Size : 608

Year Built : 1923

Garage : 1

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 2

Bathroom Information

Total Baths: 1 Full Baths: 1
Interior Features

AllBedroomsDown

Laundry Features: CommonArea
Heating & Cooling

Cooling: None

Building Information

Year Built: 1923

Stories: 1

Pool Features: None

Private Pool: No

View: None

Lot Information

Main Square Feet: 2012 Lot Size Acres: 0.0462 Lot Size Source: Assessor Lot Size Square Feet: 2,012 Lot Description: ZeroToOneUnitAcre,ValueInLand

Listing Price Information

Listing Price: $1350000

Conventional, FHA, VaLoan

Tax Information

Parcel Number: 4287036008 Tax Lot: 8 Tax Block: 1

Parking Information

Parking Total: 1

Garage Information

Has Garage: Yes Has Attached Garage: Yes Garage Space: 1

Location Information

Direction: West of Rose South of Lincoln Blvd WaterSource: Public

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Nearby Home Value

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2521 33rd Street, Santa Monica, CA, 90405	$2,495,000	2	1	1,571	1,571 SqFt
2636 33rd Street, Santa Monica, CA, 90405	$2,445,000	2	1	1,035	1,035 SqFt
2312 32nd Street, Santa Monica, CA, 90405	$2,099,000	3	2	1,361	1,361 SqFt
2302 32nd Street, Santa Monica, CA, 90405	$2,075,000	6	--	3,492	3,492 SqFt
2711 Pico Boulevard, Santa Monica, CA, 90405	$5,990,000	18	--	9,926	9,926 SqFt
2222 Pier Avenue, Santa Monica, CA, 90405	$3,125,000	5	3	3,464	3,464 SqFt
2626 Cloverfield, Santa Monica, CA, 90405	$4,950,000	--	--	5,968	5,968 SqFt
2302 Oak Street, Santa Monica, CA, 90405	$3,680,000	--	--	9,109	9,109 SqFt
2648 23rd Street, Santa Monica, CA, 90405	$3,200,000	12	8	6,294	6,294 SqFt
2030 Marine Street, Santa Monica, CA, 90405	$2,999,000	3	1	1,899	1,899 SqFt