118 Fraser Avenue
Santa Monica, CA, 90405
$3,495,000
MLS: 26998185
Beds
4
Baths
3
Sq Ft
2,816
Lot
0.05 ac
Year Built
1905
MLS #
26998185
Days on Market
8
Listed
Oct 8, 2026
Description
Set in one of Ocean Park's most coveted coastal locations, this Classic Coastal Craftsman presents a rare opportunity to own a home with unobstructed ocean views just steps from the sand. Positioned along a picturesque beach walk street in Santa Monica's historic Ocean Park neighborhood, the property captures sweeping views of the Pacific, spectacular sunsets, and the charm of a quintessential beachside setting. Offering approximately 2,816 square feet across the main residence and detached guest house, the property features four bedrooms and three bathrooms in total. The inviting living room features original built-ins and corner windows framing views of the palm-lined coastal horizon, while the kitchen offers ample storage and connects to a conveniently situated dining area. The primary bedroom features a spacious walk-in closet and access to a private terrace overlooking the Pacific. A second expansive terrace provides additional space to enjoy the ocean air and coastal surroundings. A generous basement level offers flexible space for a home gym, office, storage, or other possibilities. Beyond the property, Ocean Park's beloved cafes, boutiques, restaurants, and historic Carnegie Library are all within easy walking distance. With its timeless architectural character and irreplaceable coastal setting, this is a rare opportunity to own a piece of Santa Monica's beachside heritage.
Location
Santa Monica, Los Angeles County, CA 90405
Open on Google Maps ↗Listed by: Bjorn Farrugia · Carolwood Estates
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$27,030
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $349,500 · Loan: $3,145,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $21,779
- Property tax (1.25%)
- $3,641
- Homeowners insurance
- $300
- Mortgage insurance
- $1,311
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $122,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Santa Monica, CA 90405 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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