607 Ashland Avenue
Santa Monica, CA, 90405
$1,995,000
MLS: 26850823
Beds
3
Baths
2
Sq Ft
1,599
Lot
0.10 ac
Year Built
1922
MLS #
26850823
Days on Market
119
Listed
Jun 23, 2026
Description
Located in the heart of Ocean Park, just blocks from Main Street and the beach, this charming duplex presents a rare opportunity to own a versatile property in one of Santa Monica's most coveted coastal neighborhoods. Elevated above a quiet, tree-lined street, the property offers a unique blend of character, flexibility, and income potential. The front residence is a light-filled one-bedroom bungalow featuring an inviting open-concept layout, hardwood flooring, abundant natural light, and a welcoming front porch ideal for relaxing or entertaining. The rear residence offers two bedrooms and one bath, complemented by vaulted ceilings, spacious living areas, multiple private entrances, and an expansive exclusive-use courtyard that embraces Southern California indoor-outdoor living. Adding to the property's appeal is a detached studio with soaring ceilings and an oversized skylight, creating the perfect space for a home office, creative studio, gym, guest space, or future ADU potential. Whether you're seeking an owner-user opportunity, an income-producing investment, a 1031 exchange property, or a future redevelopment play, the possibilities are abundant. Just moments from Ocean Park's renowned restaurants, cafes, boutiques, and coastline, this exceptional offering combines lifestyle, location, and long-term upside in one of the Westside's most desirable communities.
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
$15,558
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $199,500 · Loan: $1,795,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $12,432
- Property tax (1.25%)
- $2,078
- Homeowners insurance
- $300
- Mortgage insurance
- $748
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 $69,825 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.
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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.
★#1 Producing Individual Realtor, Antelope Valley
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