Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

506 Georgina Avenue

Santa Monica, CA, 90402

1 / 24View all 24 photos

$6,495,000

MLS: 26656499

Beds

4

Baths

4

Sq Ft

2,451

Lot

0.25 ac

Year Built

1952

MLS #

26656499

Days on Market

24

Listed

Feb 27, 2026

Description

First time on market in over 50 years!! Situated on the famed palm-lined Georgina Ave, sits this charming 4Bd/4Ba Santa Monica gem. Located on an 11,000+ sq. ft. oversized lot, in one of Santa Monica's most sought after locations, this is a rare opportunity to envision & develop a brand new custom masterpiece or simply update and make this sweet home your own. Just moments to Montana Avenue's in demand Shopping & Dining, and only two blocks to stunning daily Sunrise & Sunset's on Ocean Ave! With many highly ranked local schools of all grade levels in close proximity, this property provides the utmost in Santa Monica Living! One one of the largest lots to be available in this neighborhood in many years, do not miss this unique opportunity to create the Santa Monica Dream!

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: Alexandra Pfeifer · Sotheby's International Realty

Payment estimate

$45,417

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $649,500 · Loan: $5,845,500

%
Principal & Interest
$35,916
Property tax (1.25%)
$6,766
Homeowners insurance
$300
Mortgage insurance
$2,436
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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 $227,325 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.

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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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