652 Navy Street,Santa Monica, CA 90405
Santa Monica, CA 90405
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 finishes 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.
Details
| MLS # | IN26220889 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 11 |
| Listing Provided By | RE/MAX Alliance Group | Noe Blanco |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 608 |
| Garage | 1 |
| Story(s) | 1 |
| Units | 1 |
| Zoning | SMOP1* |
| Acreage | 0.05 |
| Property View | None |
Interior
| Cooling | None |
|---|---|
| Cooling Yes / No | No |
| Interior Features | All Bedrooms Down |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Zero To One Unit Acre, Value In Land |
|---|
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Biking, Curbs, Park, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Santa Monica |
| Zip Code | 90405 |
| Area | C14 Santa Monica |
| Listing VS Median (in 90405) | |
Price: $1,325,000 low | high Med: $899,000 sqft: 608 low | high Med: 1,398 $ / sqft: $2,179 low | high Med: $643 On site: 11 low | high Med: 26 | |
Market Activity 90405
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Santa Monica |
| Zip Code | 90405 |
| Area | C14 Santa Monica |
| Listing VS Median (in 90405) | |
Price: $1,325,000 low | high Med: $899,000 sqft: 608 low | high Med: 1,398 $ / sqft: $2,179 low | high Med: $643 On site: 11 low | high Med: 26 | |
 | $1,499,000633 Navy StreetSanta Monica, CA 90405 |