652 Navy St, Santa Monica, CA 90405
Redevelopment Opportunity – Ocean Park / Santa Monica
Rare opportunity to acquire a property in one of Santa Monica’s most desirable coastal neighborhoods. Located on Navy Street, this approximately 2,012 sq. ft. lot offers investors, developers, and end users the opportunity to create a future custom residence or explore redevelopment potential, subject to City approvals.
Recent nearby redevelopment and luxury new-construction sales demonstrate the strong demand for newly built homes on smaller coastal lots:
Recent Redevelopment / New Construction Comparable Sales
• 645 Navy St, Santa Monica
Sold for $3,119,388
3 Beds | 3 Baths | 1,806 Sq. Ft.
Approx. 2,000 Sq. Ft. Lot
Brand-new architectural home featuring high-end finishes and modern coastal design.
• 647 Navy St, Santa Monica
Pending Sale for $2,995,000.00
Approximately 1,806 Sq. Ft. residence on Navy Street, demonstrating the premium buyers have historically placed on this location.
These comparable sales highlight the significant upside potential for a buyer who can transform 652 Navy Street into a modern luxury residence. The property benefits from its proximity to the beach, Main Street, Abbot Kinney Boulevard, restaurants, shopping, and the highly desirable Santa Monica lifestyle.
Investment Highlights
Prime Navy Street location
Approx. 2,012 sq. ft. lot
Existing structure with redevelopment potential
Strong precedent for $3M+ luxury sales nearby
Ideal for developers, investors, or owner-users seeking a coastal Santa Monica project
Buyer to verify all zoning, development opportunities, permits, and allowable uses with the City of Santa Monica.
Redevelopment Opportunity – Ocean Park / Santa Monica
Rare opportunity to acquire a property in one of Santa Monica’s most desirable coastal neighborhoods. Located on Navy Street, this approximately 2,012 sq. ft. lot offers investors, developers, and end users the opportunity to create a future custom residence or explore redevelopment potential, subject to City approvals.
Recent nearby redevelopment and luxury new-construction sales demonstrate the strong demand for newly built homes on smaller coastal lots:
Recent Redevelopment / New Construction Comparable Sales
• 645 Navy St, Santa Monica
Sold for $3,119,388
3 Beds | 3 Baths | 1,806 Sq. Ft.
Approx. 2,000 Sq. Ft. Lot
Brand-new architectural home featuring high-end finishes and modern coastal design.
• 647 Navy St, Santa Monica
Pending Sale for $2,995,000.00
Approximately 1,806 Sq. Ft. residence on Navy Street, demonstrating the premium buyers have historically placed on this location.
These comparable sales highlight the significant upside potential for a buyer who can transform 652 Navy Street into a modern luxury residence. The property benefits from its proximity to the beach, Main Street, Abbot Kinney Boulevard, restaurants, shopping, and the highly desirable Santa Monica lifestyle.
Investment Highlights
Prime Navy Street location
Approx. 2,012 sq. ft. lot
Existing structure with redevelopment potential
Strong precedent for $3M+ luxury sales nearby
Ideal for developers, investors, or owner-users seeking a coastal Santa Monica project
Buyer to verify all zoning, development opportunities, permits, and allowable uses with the City of Santa Monica.
Property Details
Price:
$1,325,000
MLS #:
IN26220889
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c14santamonica
Listed Date:
Oct 11, 2026
Finished Sq Ft:
608
Lot Size:
2,012 sqft / 0.05 acres (approx)
Year Built:
1923
See this Listing
Schools
School District:
Santa Monica-Malibu Unified
Interior
Appliances
None
Bathrooms
1 Full Bathroom
Cooling
None
Laundry Features
Common Area
Levels
One
Main Level Bathrooms
1
Main Level Bedrooms
2
Exterior
Attached Garage YN
1
Common Walls
No Common Walls
Community Features
Curbs, Biking, Street Lights, Sidewalks, Park
Covered Spaces
1
Garage Spaces
1
Lot Features
0-1 Unit/Acre, Value In Land
Parking Spots
1
Parking Total
1
Stories
1
View
None
Financial
Map
Community
- Address652 Navy Street Santa Monica CA
- CitySanta Monica
- CountyLos Angeles
- Zip Code90405
Subdivisions in Santa Monica
Market Summary
Current real estate data for Single Family in Santa Monica as of Nov 08, 2026
252
Single Family Listed
110
Avg DOM
649
Avg $ / SqFt
$2,672,533
Avg List Price
Property Summary
- 652 Navy Street Santa Monica CA is a Single Family for sale in Santa Monica, CA, 90405. It is listed for $1,325,000 and features 2 beds, 1 baths, and has approximately 608 square feet of living space, and was originally constructed in 1923. The current price per square foot is $2,179. The average price per square foot for Single Family listings in Santa Monica is $649. The average listing price for Single Family in Santa Monica is $2,672,533.
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Courtesy of RE/MAX Alliance Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.652 Navy Street
Santa Monica, CA