731 Ashland Avenue Santa Monica, CA ^$ 3,325,000

731 Ashland Avenue

^$ 3,325,000

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731 Ashland Avenue

Santa Monica, CA, 90405

^$ 3,325,000

Studio Baths0.0

Monthly Estimate*

^$ 20,473

731 Ashland Avenue, Santa Monica, CA 90405 - Image 1

731 Ashland Avenue, Santa Monica, CA 90405 - Image 2

731 Ashland Avenue, Santa Monica, CA 90405 - Image 3

731 Ashland Avenue, Santa Monica, CA 90405 - Image 4

731 Ashland Avenue, Santa Monica, CA 90405 - Image 5

731 Ashland Avenue, Santa Monica, CA 90405 - Image 6

731 Ashland Avenue, Santa Monica, CA 90405 - Image 7

731 Ashland Avenue, Santa Monica, CA 90405 - Image 8

Studio

Lots and Land for sale in Santa Monica, CA

for $3,325,000. The lot size is 0.13.

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.

Lots and Land Active

Price

^$ 3,325,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

0.13

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0026662579

Features

General

Zoning SMOP2*

County Los Angeles

New Construction No

Property Type D

HOA No

Status Active

City Santa Monica

Senior Community Y/N No

MLS Area C14 - Santa Monica

Lot Size Units Square Feet

Lot Size Square Feet 5646.0

Standard Status Active

Exterior

Water Source None

Lot Size Area 5646.0

Lot Size Acres 0.13

Land Lease Type Fee

Interior

Total Baths 0

* Excluded Features

List By

Bjorn Farrugia

Listing Agent

Carolwood Estates

Broker

Affordability Calculator

$20,473

Per Month

Monthly Principal & Interest: $20,473
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Santa Monica, CA

Average List Price ^$2,272,857

Percent of Sale Price 32%

About Santa Monica, CA

92,541 Population

10% Since 2002

^$89,894 Median Income

42.46 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/11/2026	$3,325,000		Listed Price

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731 Ashland Avenue, Santa Monica, CA, 90405 is a Lots and Land for sale at $3,325,000 with a lot size of 0.13. 731 Ashland Avenue is a studio with 0.0 baths. The property's zip code is 90405 which is in Santa Monica, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/12/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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731 Ashland Avenue

Lots and Land for sale in Santa Monica, CA

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