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5445 Mildred ST San Diego CA 92110 | MLS #PTP2603261

652 Navy ST Santa Monica CA 90405 | MLS #IN26135103

MLS #IN26135103 image #0
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.
Current real estate data for Single Family in Santa Monica as of Sep 07, 2026
392
Single Family Listed
80
Avg DOM
500
Avg $ / SqFt
$1,979,063
Avg List Price

Property Details

Price:
$1,350,000
MLS #:
IN26135103
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c14santamonica
Listed Date:
Jun 22, 2026
Finished Sq Ft:
608
Lot Size:
2,012 sqft / 0.05 acres (approx)
Year Built:
1923
Parking TotalC14 – Santa MonicaC14santamonicaSanta Monica-malibu UnifiedNone

Schools

School District:
Santa Monica-Malibu Unified

Interior

Appliances
NO
Bathrooms
1 Full Bathroom
Cooling
NO
Laundry Features
AR
Levels
A
Main Level Bathrooms
1
Main Level Bedrooms
2

Exterior

Attached Garage YN
1
Common Walls
NCW
Community Features
SDW, SL, CRB, PARK, BIKI
Garage Spaces
1
Parking Spots
1
Parking Total
1
View
NO

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Property Summary

    652 Navy ST Santa Monica CA is a Single Family for sale in Santa Monica, CA, 90405. It is listed for $1,350,000 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 $2,220. The average price per square foot for Single Family listings in Santa Monica is $500. The average listing price for Single Family in Santa Monica is $1,979,063. To schedule a showing of MLS#in26135103 at 652 Navy ST in Santa Monica, CA, contact your agent at 8189391841.

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652 Navy ST
Santa Monica, CA