41 Vicente Terrace
Santa Monica, CA, 90401
$3,475,000
MLS: 26670407
Beds
3
Baths
3
Sq Ft
2,739
Lot
0.08 ac
Year Built
1923
MLS #
26670407
Days on Market
20
Listed
Mar 27, 2026
Description
*Property to be delivered vacant* Steps from the sand, this beautifully maintained Craftsman Duplex offers a 2,139 SF Craftsman home with ocean views, timeless charm, complemented by a completely separate and enchanting 600 SF one-bedroom apartment located above a remarkable three-car garage (one open space). The main residence features a fully converted separate living area on the lower floor with kitchenette and full bath (550 SF not included in total square footage) offering flexible use as part of the home or as a private living space. Ideally located just steps from the ocean, Shutters and the beloved Capo Italian restaurant and cafe, this truly one-of-a-kind property is nothing short of magical and located on a quiet and historic block. The home is graced by a welcoming front yard and patio, as well as a serene rear courtyard that thoughtfully separates the two structures. Classic Craftsman elegance abounds, with ocean views, a wood-burning fireplace, original hardwood floors, and beautifully preserved architectural details throughout. The en-suite primary bedroom enjoys ocean views, a large bath with separate tub and shower and a spacious walk-in closet. A charming breakfast nook and delightful kitchen complete the experience, highlighted by a pristine Gaffers & Sattler retro double oven with six burners, a rare and striking centerpiece. The separate one-bedroom apartment, located above the garages and accessed through the courtyard and Vicente Court, is filled with character and offered in move-in condition (possibly furnished). Live the quintessential Santa Monica beach lifestyle, where breathtaking sunsets, surfing, walking, and biking are part of everyday life with nearly everything conveniently accessible by foot or bicycle. **This Craftsman Duplex generates $150,000 in annual income NOT including the home**. This special property is a must see!
Location
Santa Monica, Los Angeles County, CA 90401
Open on Google Maps ↗Listed by: Stace Valnes · Create
Payment estimate
$24,439
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $347,500 · Loan: $3,127,500
- Principal & Interest
- $19,216
- Property tax (1.25%)
- $3,620
- Homeowners insurance
- $300
- Mortgage insurance
- $1,303
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 $121,625 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 90401 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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