Single-family home
Listing Agent: Yuan Le (DRE #01947274) · Listing Office: Ricky&Jessie Realty · Contact: 213-249-3255 · Bought with: Arash Pashaei · Keller Williams Beverly Hills · MLS #TR26088598 · Source: CRMLS
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 125 closed sales in 90405 over the last 12 months, the median sold price is $2,050,000 and the median is $1,096 per square foot.
| Quarter | Closed sales in 90405 | Median sold price |
|---|---|---|
| Q1 2026 | 9 | $2,105,000 |
| Q2 2026 | 60 | $1,896,293 |
| Q3 2026 | 56 | $2,270,500 |
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
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.
MLS-reported closed sales in 90405, nearest first (last 12 months). All recent sales in Santa Monica →
836 Cedar last sold in September 2026 for $3,400,000, according to CRMLS-reported closed sales.
$3,400,000, 2.9% below the $3,500,000 list price, after 11 days on the market.
125 homes closed in ZIP 90405 over the last 12 months at a median of $2,050,000 ($1,096 per square foot).
836 Cedar is not currently listed on the MLS. Browse current homes for sale in Santa Monica on Nalren.