2405 33rd Street
Santa Monica, CA, 90405
$2,195,000
MLS: 26642839
Beds
2
Baths
2
Sq Ft
1,338
Lot
0.17 ac
Year Built
1937
MLS #
26642839
Days on Market
71
Listed
Jan 26, 2026
Description
Prime development opportunity in Sunset Park, Santa Monica. This is an exceptional opportunity to acquire an oversized lot in the heart of Santa Monica's highly sought after Sunset Park neighborhood. Surrounded by recent new construction, this property is ideally positioned for a ground-up luxury new build with strong resale potential. The lot offers favorable scale for a modern, high-end residence consistent with nearby new builds, making it a compelling option for developers seeking location, lot size, and proven market demand. The area continues to command premium pricing due to proximity to beach and mid-city, the westside's top schools, and vibrant retail and dining corridors. Owner-User Alternative: The existing California Bungalow features updated systems and a newer roof, allowing immediate occupancy while planning future development. Owner-users may also explore the ability to add an ADU or two, creating additional income or flexible living options (buyer to verify). A rare chance to secure a high-potential Sunset Park asset with multiple exit strategies in one of Santa Monica's strongest micro-markets.
Location
Santa Monica, Los Angeles County, CA 90405
Open on Google Maps ↗Listed by: Daniel Venegas · Avenue Realty Group
Payment estimate
$15,547
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $219,500 · Loan: $1,975,500
- Principal & Interest
- $12,138
- Property tax (1.25%)
- $2,286
- Homeowners insurance
- $300
- Mortgage insurance
- $823
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $76,825 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
Only large teams outsell Mike Watson · Keller Williams Realty
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