207 Ocean Avenue
Santa Monica, CA, 90402
$3,100,000
MLS: 26846937
Beds
2
Baths
2
Sq Ft
2,130
Lot
0.09 ac
Year Built
1921
MLS #
26846937
Days on Market
0
Listed
Jun 12, 2026
Description
207 Ocean Ave Ext. - A coastal setting defined by ocean views, natural beauty, and a strong sense of community. Available for the first time in over half a century, this 2-bedroom, 2-bath approx. 2130 sqf residence offers expansive views over Rustic Canyon to the Pacific Ocean, Malibu coastline, and Santa Monica Mountains from multiple rooms.The residence reflects classic Coastal Craftsman cottage architecture with period detailing and a modest footprint. While the property has benefited from updates over the years, it offers an opportunity to further renovate, expand, or reconfigure the existing residence to realize its full potential. The multi-level grounds may be reimagined to create terraced gardens, additional outdoor living spaces, and enhanced entertaining areas, subject to buyer investigation and applicable governmental approvals.The expansive outdoor areas provides a peaceful retreat, ideal for morning coffee, quiet afternoons, or alfresco evenings under the stars. The unfinished attic area | storage area (included in total sqf of the home ~ 665sqf) offers potential for conversion into additional living space, subject to buyer verification. A one car garage is attached (convenient street parking is available) and an additional spacious storage area is located beneath the house.Positioned along the Ocean Avenue Extension corridor, the property is approximately one block from Palisades Park and near the beach and Montana Avenue. This established coastal neighborhood offers convenient access to dining, shopping, and everyday amenities.Residents enjoy a blend of coastal nature and walkability. Nearby destinations include the historic Golden Bull Steakhouse, Giorgio Baldi, Muse, La Monique restaurants, local coffee shops, a neighborhood grocer, and a rotating art gallery. The area is also home to Canyon Elementary School and the Canyon Recreation Center, which offers tennis courts, sports fields, and community events throughout the year. Additional nearby amenities include the Annenberg Community Beach House, scenic pedestrian paths, and coastal stairways frequently used for outdoor recreation and neighborhood gatherings.Whether restored, reimagined, or thoughtfully expanded, the property offers exceptional potential in a location with consistent buyer interest. Ocean-view properties in this area continue to attract attention, supported by limited available inventory and proximity to nearby coastal amenities.The mailing address is Santa Monica; however, the property is located within the City of Los Angeles and subject to Los Angeles services and regulations. Sold as a fixer-upper, offering an opportunity to renovate, enhance, and reimagine the existing home while preserving its unique character. The adjacent vacant parcel is not included in the offering and is not currently available for purchase.
Location
Santa Monica, Los Angeles County, CA 90402
Open on Google Maps ↗Listed by: Alena Lehrer · Compass
Payment estimate
$22,363
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $310,000 · Loan: $2,790,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $17,671
- Property tax (1.25%)
- $3,229
- Homeowners insurance
- $300
- Mortgage insurance
- $1,163
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $108,500 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.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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