Skip main navigation
Lot/land
  • Price cut: $330K (6/12)
    $2,995,000

    731 Ashland Ave, Santa Monica, CA 90405

    --beds
    --baths
    5,645Square Feet
    Unimproved Land
    Built in ----
    5,645 Square Feet Lot
    $1,829,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Located on one of the most desirable streets in Ocean Park, this exceptional RTI development opportunity presents the chance to build two architecturally significant residences just moments from the beach. Situated in the highly sought after Ocean Park enclave of Santa Monica, 731 Ashland Avenue includes Ready to Issue permits and Coastal Commission approval for two detached modern homes, thoughtfully designed to maximize scale, light, and functionality in this premier coastal neighborhood. The front residence is planned as a 2,469 sq ft two story home with a basement, while the rear residence spans 2,099 sq ft and includes an attached 372 sq ft JADU, ideal for guest use or additional income. Surrounded by some of the Westside's most coveted homes and just moments from Main Street, Rose Avenue, and the sand, this is a rare shovel ready opportunity for developers or end users to create a legacy property in a premier Santa Monica location.
    54 days
    |
    179
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bjorn Farrugia DRE # 01864250 310-998-7175,

    Carolwood Estates 310-623-3600,

    Alphonso Lascano DRE # 01723550 818-800-8848,

    Carolwood Estates

    Source: CLAW,MLS#: 26846551MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: None
      Lot
      • Size: 5,645 Square Feet
      Details
      • Parcel number: 4287017014
      • Zoning: SMOP2*
      • Special conditions: Standard

      Community & HOA

      Location
      • Region: Santa Monica

      Financial & listing details

      • Tax assessed value: $2,050,000
      • Annual tax amount: $25,492
      • Date on market: 6/12/2026

        Estimated market value

        $1,829,000

        $1.41M - $2.32M

        $6,546/mo

        Price history

        DateEventPrice
        6/12/2026Price change$2,995,000-9.9%
        Source: CLAW #26846551 Report a problem
        3/11/2026Listed for sale$3,325,000+62.2%
        Source: CLAW #26662579 Report a problem
        12/5/2024Sold$2,050,000+242.2%
        Source: Public Record Report a problem
        7/24/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        7/6/2022Listed for rent$7,900+3.9%
        Source: Zillow Rental Manager Report a problem
        5/30/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        4/26/2022Listed for rent$7,600+10.1%
        Source: Zillow Rental Manager Report a problem
        2/4/2020Listing removed$6,900
        Source: Home & Castle Realty, Inc. #PW20011687 Report a problem
        1/31/2020Price change$6,900-4.2%
        Source: Home & Castle Realty, Inc. #PW20011687 Report a problem
        12/31/2019Listed for rent$7,200+4.3%
        Source: Owner Report a problem
        11/22/2018Listing removed$6,900
        Source: Compass #18395152 Report a problem
        11/11/2018Price change$6,900-5.5%
        Source: Pacific Union International #18395152 Report a problem
        10/25/2018Price change$7,300-5.2%
        Source: Pacific Union International #18395152 Report a problem
        10/10/2018Price change$7,700-6.1%
        Source: Pacific Union International #18395152 Report a problem
        8/24/2018Listed for rent$8,200+18.8%
        Source: Owner Report a problem
        11/21/2015Listing removed$6,900
        Source: Partners Trust - Ocean Park #15-956783 Report a problem
        11/7/2015Listed for rent$6,900
        Source: Partners Trust - Ocean Park #15956783 Report a problem
        1/9/2003Sold$599,000+27.4%
        Source: Public Record Report a problem
        5/26/2000Sold$470,000+1075%
        Source: Public Record Report a problem
        8/5/1997Sold$40,000-83.7%
        Source: Public Record Report a problem
        6/30/1995Sold$245,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$25,492 +142.7%$2,050,000 +141%
        2024$10,503 +1.7%$850,520 +2%
        2023$10,330 +1.4%$833,844 +2%
        2022$10,189 +2.7%$817,495 +2%
        2021$9,922 +0.7%$801,467 +1%
        2020$9,852 $793,250 +2%
        2019$9,852 +7.3%$777,697 +2%
        2018$9,185 $762,449 +2%
        2017$9,185 +0.5%$747,500 +2%
        2016$9,135 +3.3%$732,844 +1.5%
        2015$8,845 +2.7%$721,837 +2%
        2014$8,610 $707,699 +2.5%
        2012-- $690,689 +2%
        2011-- $677,147 +0.8%
        2010-- $672,087 -0.2%
        2009-- $673,685 +2%
        2008-- $660,477 +2%
        2007-- $647,527 +2%
        2006-- $634,831
        2005-- $634,831 +4%
        2004-- $610,182 +22.3%
        2003-- $498,765 +2%
        2002-- $488,987 +78.6%
        2000-- $273,722
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Ocean Park

        Getting around

        87 / 100
        Very Walkable
        55 / 100
        Good Transit
        78 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

          1. Local buyer's agents are ready to help