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Sold for $3,400,000 · Sep 2026

SOLD

Listed at $3,500,000

Sold

836 Cedar, Santa Monica, CA 90405

Santa Monica, CA

MLS# TR26088598

7,539 Sq Ft • Single Family Home
11 days on market

Listing Agent

Yuan Le

Listing Agent

Ricky&Jessie Realty

DRE #: 01947274

Brokerage: Ricky&Jessie Realty

Property Details

N/A

Bedrooms

N/A

Bathrooms

7,539 sqft

Square Feet

1947

Year Built

0.3 acres

Lot Size

$451

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Exceptional development opportunity in the heart of Santa Monica. This approximately 12,916 SF R-2 zoned lot offers strong potential for investors, builders, and developers seeking to capitalize on a premier coastal location. The property includes three existing structures: a detached single-family residence (approx. 1,246 SF, 3 bedrooms, 1 bathroom), a detached two-car garage, and a church building (approx. 6,293 SF), which may continue to serve as a place of worship or other allowable uses. The current improvements provide flexibility for interim use while planning future development. The SFR offers immediate occupancy or rental income potential, allowing investors to generate cash flow during the entitlement and planning process. R-2 zoning may allow for a variety of residential development options, including multi-unit housing and ADUs (buyer to verify all zoning, density, and permitted uses with the City of Santa Monica). Ideally located just a short distance to the beach, and near top-rated schools, dining, shopping, and major amenities. Rare opportunity to secure a well-located parcel with both current income and long-term development upside.

Listing description from the September 2026 sale, as reported to CRMLS.

Sale history for 836 Cedar

1 recorded sale

$3,400,000
Sold September 2026 · listed $3,500,000, on market April 2026, 11 days on market · MLS #TR26088598 · Source: CRMLS
Listing Agent: Yuan Le · Listing Office: Ricky&Jessie Realty · Contact: 213-249-3255 · Bought with: Arash Pashaei · Keller Williams Beverly Hills

How this sale compares

836 Cedar sold for $3,400,000 in September 2026, 2.9% under its $3,500,000 list price, after 11 days on the market. Across 134 closed sales in 90405 over the last 12 months, the median sold price is $2,002,500 and the median is $1,088 per square foot.

$1,088
90405 median per sq ft (12 mo)
$2,002,500
90405 median sold price (12 mo)
134
Closed sales in 90405 (12 mo)
11
Days on market
−2.9%
Sold vs. list price
QuarterClosed sales in 90405Median sold price
Q1 20269$2,105,000
Q2 202660$1,896,293
Q3 202658$2,225,500
Q4 20267$2,005,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Monica · Homes for sale in 90405

Recent sales near 836 Cedar

Closed sales reported in 90405, nearest first, last 12 months. All recent sales in Santa Monica →

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