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2836 Arizona Ave, Santa Monica, CA 90404
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2836 Arizona Ave Santa Monica, CA 90404

$1,950,000
  • 2 Beds
  • 1 Baths
  • 1,010 Sq.Ft.
For Sale
$1,950,000 Get Pre-Qualified
Map preview of 2836 Arizona Ave, Santa Monica, CA 90404

Property Overview: 2836 Arizona Ave Santa Monica, CA has 2 bedrooms, 1 bathrooms, 1,010 living square feet and 6,219 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Charming home on a large corner lot in prime Santa Monica! This charming single family home offers a thoughtfully designed floor plan, featuring a spacious living room bathed in natural light, a formal dining room that sets the stage for memorable gatherings, and a generous kitchen with stainless steel appliances, ensuring both functionality and comfort. Escape to the enchanting private backyard oasis that provides the perfect backdrop for alfresco dining, leisurely afternoons, and year-round California living at its finest. Located just moments away from LA's vibrant dining, shopping, Farmers Markets, and grocery stores like Erewhon, Whole Foods, Trader Joes, and Bristol Farms, every convenience is at your fingertips. Plus, families will appreciate the proximity to Santa Monica's top-rated schools, ensuring a quality education for young learners. Plus, explore the added opportunity of converting the garage into an Accessory Dwelling Unit (ADU), providing additional living space or rental income. Huge Development/Investment Potential: Build up to a 13-unit apartment/condo building on the site with the application of the State Density Bonus Law and State Multifamily ADU Law. Because this property qualifies for the State Density Bonus Law, a developer could build up to 4 stories (instead of 2) and get significantly reduced setbacks on all sides. Because the property is on a corner with an alley, any development would be open on 3 sides - allowing for great sunlight and unobstructed views. Because the development would be replacing a single family home that is not subject to rent control, the new development would also be exempt from both city and state rent control - a huge and rare advantage in a jurisdiction like Santa Monica. This property has the potential to be a true trophy asset and cash cow in one of the strongest rental markets in the nation.

Listed by Daniel Galdjie | BRE #02033945 | Cyrus Pacific Realty, Inc.
Co-listed by Azad Naim | BRE #02152637 | KW Advisors
Last checked: 2 minutes ago | Last updated: May 2nd, 2024 | Source CRMLS | DOM: 9
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Home details

Lot Sq. Ft
6,219
HOA Dues
$0/mo
Year built
1941
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
24381807
City
Santa Monica
County
Los Angeles
Time on Site
9 days

Open Houses for 2836 Arizona Ave

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Property Details for 2836 Arizona Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Living Room, Primary Bathroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Has View
  • Common Walls: No Common Walls
  • Parcel Number: 4267010031
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Santa Monica Blvd, West of Bundy Dr
View more facts & features

Local Santa Monica Agent

Sale History for 2836 Arizona Ave

Last sold on September 30th, 2019

  • April, 2024

  • Apr 24, 2024

    Date

    Active

    CRMLS: 24381807

    $1,950,000

    Price

  • September, 2021

  • Sep 15, 2021

    Date

    Canceled

    CRMLS: 21692848

    $1,995,000

    Price

  • Jul 13, 2021

    Date

    Active Under Contract

    CRMLS: 21692848

    $1,995,000

    Price

  • Jun 11, 2021

    Date

    Pending

    CRMLS: 21692848

    $1,995,000

    Price

  • Mar 31, 2021

    Date

    Active

    CRMLS: 21692848

    $1,995,000

    Price

  • Listing provided courtesy of CRMLS

    Charming home features 1,100 square feet of living space with 2 spacious bedrooms and 1 bathroom, a remodeled kitchen with stainless steel appliances, and a beautiful backyard perfect to soak in the California sun. Several great options for this property: (1) Keep house and build up to two ADU's (corner lot makes this ideal). (2) Build three large townhouses on the property. (3) Build a six unit apartment building on the property (three regular units along with three ADU's) - Buyer to verify with the city.

  • September, 2019

  • Sep 30, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2018

  • Dec 31, 2018

    Date

    Sold

    CRMLS: 18347744

    $1,525,000

    Price

  • Oct 15, 2018

    Date

    Pending

    CRMLS: 18347744

    $1,695,000

    Price

  • Sep 10, 2018

    Date

    Active Under Contract

    CRMLS: 18347744

    $1,695,000

    Price

  • Aug 1, 2018

    Date

    Price Change

    CRMLS: 18347744

    $1,695,000

    Price

  • Jun 27, 2018

    Date

    Price Change

    CRMLS: 18347744

    $1,750,000

    Price

  • Jun 19, 2018

    Date

    Active

    CRMLS: 18347744

    $1,795,000

    Price

  • Jun 13, 2018

    Date

    Pending

    CRMLS: 18347744

    $1,795,000

    Price

  • Jun 8, 2018

    Date

    Price Change

    CRMLS: 18347744

    $1,795,000

    Price

  • May 24, 2018

    Date

    Active

    CRMLS: 18347744

    $1,995,000

    Price

  • Listing provided courtesy of CRMLS

    Convenient to Expo Line. Prime corner lot zoned SMR2yy w/alley access. Located on the corner of Arizona and Yale, just one block South of Wilshire Blvd. and one block North of Santa Monica Blvd. The lot size is 6,229 square feet; currently has a fixer-upper 2BR-! -BA house. There is potential to develop this property. Buyer to verify all information with City of Santa Monica.

  • December, 2018

  • Dec 28, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,525,000

    Price

Show More

Tax History for 2836 Arizona Ave

Assessed Value (2020): $1,555,500
Year Land Value Improved Value Assessed Value
2020 $1,244,400 $311,100 $1,555,500

Home Value Compared to the Market

This property vs the competition

2836 Arizona Ave is listed 6.92% lower than the median list price for the city of Santa Monica which has a median list price of $2,095,000. The median price per/sqft for Santa Monica is $1,243 and this home is listed at $1930.69 per/sqft which puts the price per square foot 55.33% higher than the median price per square foot for the city of Santa Monica.

About 2836 Arizona Ave

Detailed summary of property

2836 Arizona Ave is a single family home located in Santa Monica, CA 90404 and is currently for sale. This house offers 2 bedrooms, 1 bathrooms, roughly 1,010 living square feet, and sits on an approximately 6,219 square foot lot. 2836 Arizona Ave was first listed on ArdentRealEstateGroup.com on April 24, 2024. The homeowner is currently asking $1,950,000. The median priced home in Santa Monica is $2,095,000 with a median price per square foot of $1,243. Based on Ardent Real Estate Group's Santa Monica Market Data, this home is listed 6.92% lower than the median priced home. Local competing homes currently for sale include 1000 Granville Ave #Penthouse 202, 11500 San Vicente Blvd #414 and 11500 San Vicente Blvd #218. While the average home in Santa Monica, CA is selling in 118 days, 2836 Arizona Ave has a days on market of 9 days. There are currently 249 homes for sale in the Santa Monica real estate market and 95 of them are single family homes while 112 of them are condos and 42 are townhomes. For more information on this home for sale at 2836 Arizona Ave Santa Monica, CA 90404 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Monica agents.

Public Facts for 2836 Arizona Ave

Public county record property details
Beds
2
Baths
1
Year built
1941
Sq. Ft.
1,010
Lot Size
6,217
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
32
APN
4267-010-031

The source for these homes facts are from public records.

90404 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$890
Median Sold Price
$829,000
Median Sold Price/Sq.Ft.
$893
Total Inventory
32
Median Sale to List Price %
94.74%
Avg Days on Market
57
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (66.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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