
118 Fraser Avenue, Santa Monica, CA 90405
118 Fraser Avenue, Santa Monica, CA 90405
Property Description
Set in one of Ocean Park's most coveted coastal locations, this Classic Coastal Craftsman presents a rare opportunity to own a home with unobstructed ocean views just steps from the sand. Positioned along a picturesque beach walk street in Santa Monica's historic Ocean Park neighborhood, the property captures sweeping views of the Pacific, spectacular sunsets, and the charm of a quintessential beachside setting. Offering approximately 2,816 square feet across the main residence and detached guest house, the property features four bedrooms and three bathrooms in total. The inviting living room features original built-ins and corner windows framing views of the palm-lined coastal horizon, while the kitchen offers ample storage and connects to a conveniently situated dining area. The primary bedroom features a spacious walk-in closet and access to a private terrace overlooking the Pacific. A second expansive terrace provides additional space to enjoy the ocean air and coastal surroundings. A generous basement level offers flexible space for a home gym, office, storage, or other possibilities. Beyond the property, Ocean Park's beloved cafes, boutiques, restaurants, and historic Carnegie Library are all within easy walking distance. With its timeless architectural character and irreplaceable coastal setting, this is a rare opportunity to own a piece of Santa Monica's beachside heritage.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Santa Monica · Single Family Residence
Listed 23.2% below the median closed sale of $4,550,000. Price per sqft ($1,241) is a 28% discount to closed comps ($1,730). Closed comps sold at 104% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 41 Vicente Terrace | Santa Monica | 1923 | 5 | 5 | 3,186 | 3,593 | $1,020 | $3.25M | 25 | 61 |
| 630 Hightree Road | Santa Monica | 1965 | 3 | 3 | 2,724 | 11,092 | $2,017 | $5.50M | 161 | 55 |
| 706 Navy Street | Santa Monica | 1908 | 3 | 3 | 2,301 | 5,556 | $1,824 | $4.20M | 23 | 53 |
| 249 23rd Street | Santa Monica | 1926 | 4 | 3 | 2,845 | 8,689 | $2,107 | $6.00M | 55 | 50 |
| 624 Alta Avenue | Santa Monica | 1925 | 5 | 3 | 2,713 | 7,212 | $1,436 | $3.90M | 18 | 48 |
| Total: 5 · Average | 4.0 | 3.4 | 2,753.8 | 7,228.4 | $1,680.8 | $4.57M | 56.4 | |||
| Median | 2,724 | $4.20M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 133 Ocean Park Boulevard | Santa Monica | 1905 | 05/29/2026 | 3 | 3 | 2,263 | 2,358 | $3.50M | $3.43M | $1,515 | 0.98 | 48 | 74 |
| 132 Wadsworth Avenue | Santa Monica | 1908 | 05/07/2026 | 3 | 4 | 2,555 | 4,434 | $4.85M | $4.55M | $1,781 | 0.94 | 118 | 57 |
| 2725 6th Street | Santa Monica | 1923 | 08/10/2026 | 3 | 2 | 2,276 | 5,949 | $3.69M | $3.58M | $1,571 | 0.97 | 73 | 51 |
| 443 16th Street | Santa Monica | 1927 | 09/23/2026 | 4 | 4 | 3,054 | 7,510 | $5.00M | $5.61M | $1,837 | 1.12 | 36 | 47 |
| 246 16th Street | Santa Monica | 1925 | 05/13/2026 | 4 | 3 | 2,388 | 7,498 | $3.85M | $4.65M | $1,947 | 1.21 | 32 | 47 |
| Total: 5 · Average | 3.4 | 3.2 | 2,507.2 | 5,549.8 | $4.36M | $4.36M | $1,730.2 | — | 61.4 | ||||
| Median | 2,388 | $4.55M | $4.55M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.