ActiveResidential · sale

2636 33rd Street

Santa Monica, CA 90405

$2,445,000

  • 2 beds
  • 1 baths
  • 1,035 sq ft
  • 0.15 acres

Listed by Compass · MLS #26816501

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2636 33rd Street, Santa Monica, CA 90405 · MLS #26816501

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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

This sale includes Santa Monica City approved RTI (Ready-To-Issue) architectural plans allowing construction to begin immediately on a thoughtfully designed approximately 3,400 square foot two-story residence with an approximately 600 square foot detached guest house/ADU (approximate total of house + guest house = 4,000 square feet of living space).

Living spaces

The main level offers an airy layout that includes formal living and dining areas, along with an expansive family room that seamlessly connects to a chef's kitchen with a center island and walk-in pantry.

Details worth a look

Upstairs, the expansive primary suite serves as a luxurious retreat with a balcony, a spa-inspired bathroom featuring a separate soaking tub and shower, and dual walk-in closets.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Tear down: 6,402 square foot lot. An exceptional opportunity for an owner-user in the highly sought-after coastal enclave of Sunset Park, Santa Monica. This sale includes Santa Monica City approved RTI (Ready-To-Issue) architectural plans allowing construction to begin immediately on a thoughtfully designed approximately 3,400 square foot two-story residence with an approximately 600 square foot detached guest house/ADU (approximate total of house + guest house = 4,000 square feet of living space). The seller is a highly experienced local general contractor who has built many beautiful homes in the neighborhood, bringing valuable insight to the design, efficiency, and planning of this project. Approximate cost to build is $600 per square foot and construction financing can also be available to qualified Buyers. The architectural plans envision a sophisticated main residence with an attached two-car garage and a flexible open-concept floor plan tailored for modern indoor outdoor California living. The main level offers an airy layout that includes formal living and dining areas, along with an expansive family room that seamlessly connects to a chef's kitchen with a center island and walk-in pantry. Designed for effortless entertaining, the living spaces flow naturally to a private resort-style backyard retreat featuring a large turf lawn, swimming pool, spa, and generous outdoor entertaining areas. The setting is ideal for al fresco dining, relaxing in the sun, and enjoying cool ocean breezes. A main-level Jr. ADU with its own private entrance offers versatility and can function as a first-floor bedroom suite, guest quarters, media room, or private office. Toward the front of the home, a mudroom and powder room are conveniently located adjacent to the direct-entrance two-car garage. Upstairs, the expansive primary suite serves as a luxurious retreat with a balcony, a spa-inspired bathroom featuring a separate soaking tub and shower, and dual walk-in closets. Two additional bedroom suites, a centrally located laundry room, and a spacious flex area ideal for an upstairs family lounge complete the second level. At the rear of the property, the detached guest house/ADU features a comfortable living area, kitchen, bathroom, and laundry. The space is ideal for guests, extended family, rental income, a pool house, gym, art studio, or a dedicated home office. Sunset Park is one of Santa Monica's most charming and desirable neighborhoods, known for its vibrant sense of community and relaxed coastal lifestyle. The property is just moments from boutique shopping, cafes, and acclaimed restaurants along Ocean Park Boulevard and the popular Main Street district. Residents enjoy easy access to the beach, scenic bike paths, the beloved local farmers markets, neighborhood parks, and some of the Westside's most highly regarded schools. Finished new construction homes in the surrounding area range in price up to $5,500,000, offering an exceptional value add opportunity.

THE NEIGHBORHOOD

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2636 33rd Street, Santa Monica, CA 90405

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Full baths
1
Half baths
0
Garage spaces
2
Cooling
None
Heating
None
Flooring
Wood
Fencing
None
Spa
No
Zoning
SMR1*
Parcel
4270019036

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$10,187.50
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

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Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #26816501 · California Regional MLS

Listing brokerage: Compass
Listing agent: David Kelmenson

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.