2025 Navy Street, Santa Monica, California 90405, Santa Monica, 90405 - 3 bed, 2 bath

2025 Navy Street, Santa Monica, California 90405 home-pic-0
ACTIVE$2,570,000
2025 Navy Street, Santa Monica, California 90405
3Beds
2Baths
1,859Sqft
6,997Lot
Year Built
1946
Close
-
List price
$2.57M
Original List price
$2.67M
Price/Sqft
$1,382
HOA
-
Days on market
-
Sold On
-
MLS number
PF25069411
Home ConditionExcellent
Features
Good View: Golf Course, Panoramic
Spa
Patio
ViewGolf Course,Panoramic

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.57M(55th), sqft - 1859(55th), beds - 3(50th), baths - 2(50th).

Don’t miss this exceptional opportunity to own a beautifully upgraded home in the highly sought-after Sunset Park neighborhood! Ideally situated on a rare view lot, this residence offers expansive vistas stretching all the way to LAX. The bright and airy open-concept layout showcases a sleek modern kitchen with stainless steel appliances and thoughtful upgrades throughout, including a tankless water heater, solar panels, and energy-efficient systems that combine comfort with sustainability. Upstairs, you’ll discover three generously sized bedrooms and two stylish bathrooms, while the lower level features a flexible bonus room with its own bathroom — ideal as a guest suite, home office, or creative space. The tranquil bamboo-lined backyard invites you to relax in your private hot tub and soak in the peaceful surroundings. Located just one block from the future Great Park and mere moments from the buzzing restaurants, coffee shops, and boutiques along Ocean Park Boulevard and only two miles from the beach. This home delivers the ultimate in California lifestyle and convenience. Properties with this combination of features, views, and location are exceedingly rare. Seize this unique chance before it’s gone!

Price History

Date
Event
Price
09/16/03
Sold
$699,500
Condition Rating
Excellent

Despite being built in 1946, this property has undergone extensive and high-quality renovations, bringing its condition to an excellent standard. The description highlights a 'beautifully upgraded home' with a 'sleek modern kitchen with stainless steel appliances' and 'stylish bathrooms,' which is strongly supported by the images. All three bathrooms feature modern vanities, subway tiling, and contemporary fixtures, appearing virtually new. The kitchen boasts modern stainless steel appliances, good quality cabinetry, and updated countertops. Furthermore, significant system upgrades like a tankless water heater, solar panels, and energy-efficient systems contribute to its excellent condition, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Panoramic Views: The property boasts expansive panoramic views stretching all the way to LAX from a rare view lot, significantly enhancing its desirability and value.
Prime Location & Future Potential: Situated in the highly sought-after Sunset Park neighborhood, one block from the future Great Park, and moments from Ocean Park Boulevard's amenities and the beach, offering both current lifestyle benefits and strong appreciation potential.
Modern Upgrades & Energy Efficiency: Features a sleek modern kitchen with stainless steel appliances, tankless water heater, solar panels, and other energy-efficient systems, appealing to contemporary buyers.
Flexible Living Space: A lower-level bonus room with its own bathroom provides versatile space, ideal for a guest suite, home office, or creative area, adding significant functionality.
Private Outdoor Oasis: The tranquil bamboo-lined backyard with a private hot tub offers a serene and inviting space for relaxation and entertaining.

Cons

Overpricing Relative to Market Value: The current list price of $2.57M is notably higher than the estimated property value of approximately $2.33M, suggesting it may be overvalued in the current market.
Extended Market Time & Price Reduction: Having been on the market for over two months with a recent price reduction from $2.67M, this indicates potential challenges in attracting buyer interest at its current price point.
Older Construction: Built in 1946, despite upgrades, the underlying older construction may raise concerns for some buyers regarding potential unseen infrastructure issues or a less modern overall layout compared to newer homes.

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