928 26th Street
Santa Monica, CA, 90403
$3,275,000
MLS: 26656037
Beds
6
Baths
7
Sq Ft
4,285
Lot
0.19 ac
Year Built
1926
MLS #
26656037
Days on Market
55
Listed
Feb 24, 2026
Description
Located just steps from Montana Ave, this is a rare shovel-ready, approved demolition-ready opportunity in Santa Monica's coveted North of Wilshire within the Wilshire Montana neighborhood. Builders, developers, and end users can take advantage of the RTI permits already in place, or live in the current home and renovate or reimagine what exists today. Set on an 8,312 sq ft lot, the property comes with RTI permits for a 3,340 sq ft main residence with 4 bedrooms and 4 bathrooms, plus a 945 sq ft ADU with 2 bedrooms and 3 bathrooms, totaling 4,285 sq ft, in addition to a 400 sq ft garage, pool, and landscaped grounds. Final approvals are underway, allowing for an expedited path to construction. Surrounded by multi million dollar homes and located near Franklin Elementary and Santa Monica's top schools, this offering presents an exceptional opportunity to build a premier estate or develop for resale in one of the Westside's most desirable neighborhoods. Image shown is a rendering for illustrative purposes only. The completed residence may vary in design, finishes, and features.
Location
Santa Monica, Los Angeles County, CA 90403
Open on Google Maps ↗Listed by: Bjorn Farrugia · Carolwood Estates
Payment estimate
$23,050
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $327,500 · Loan: $2,947,500
- Principal & Interest
- $18,110
- Property tax (1.25%)
- $3,411
- Homeowners insurance
- $300
- Mortgage insurance
- $1,228
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 $114,625 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 90403 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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