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454 North East Rustic Road, Santa Monica, CA 90402

$2.60M3bd · 2ba · 1,610 sqft
Lot 4,124 sqft•Single Family Residence•
Active
•39d on market•MLS# 00-26944329

Property Description

Situated on the most sought after street in Rustic Canyon, this 1906 original Craftsman cottage, offers the opportunity to create your dream home in a dream location. Strategically priced and full of potential, offering the perfect canvas for an exciting journey of personalization, renovation, expansion or a full custom refresh. For buyers who prefer to move in and update over time, the home embraces its rich, charming character, and thoughtful improvements including, the extra large, sitting porch to enjoy the unique neighborhood lifestyle and micro-climate only Rustic Road can offer by it's canopy of trees and Rustic Creek. Additional features include: hardwood floors, solid wood doors, custom tiled kitchen and baths, classic rock fire place, energy efficient, dual pane Anderson windows, stainless steel appliances, custom designed, outdoor spaces showcasing a private peaceful, tropical retreat, complete with entertainers deck, fencing & lighting. Whether restoring the charm, creating a larger custom residence, or blending indoor-outdoor living, the possibilities are exceptional. A peaceful canyon setting, few minutes walk to the beach, canyon restaurants, 3rd St Promenade and all Santa Monica has to offer, further complete this dream location. Vacant and ready for its next chapter.

Features & Amenities

FeeBuilt 1906

Property Details

Land Type
Fee
Year Built
1906
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Flooring
Wood
City
Santa Monica
Zip Code
90402
County
Los Angeles
Listed byUnknown Office, Heather Gussman

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$13,141.96
Principal & Interest
Loan Amount
$2,079,200
Total Interest
$2,651,905
Total Payment Over 30 Years
$4,731,105
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

454 North East Rustic Road, Santa Monica, CA 90402

Santa Monica · Single Family Residence

$2.60M
Luxury Tier
Beds
3
Baths
2
Sqft
1,610
Lot
4,124 sqft
Year
1906
$/Sqft
$1614
Pool: No✓
Spa: Yes✓

Listed 14.2% above the median closed sale of $2,275,000. Price per sqft ($1,614) is a 22% premium to closed comps ($1,321). Closed comps sold at 117% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.60M· $1,614/sqft
Total list price
Closed comps
vs closed median $2.27M
+$324K (+14.2%)
Active comps
vs active median $3.00M
−$396K (−13.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,678
−$64 (−3.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
207 Ocean Ave ExtSanta Monica1921222,1303,769$1,211$2.58M12182
2317 Pearl StreetSanta Monica1931221,5085,186$2,089$3.15M1374
712 Copeland CourtSanta Monica1911321,7485,885$1,713$3.00M13672
2460 Beverley AvenueSanta Monica1923222,0673,593$1,814$3.75M11271
833 Wilson PlaceSanta Monica1947311,1684,640$1,562$1.82M1470
Total: 5 · Average2.41.81,724.24,614.6$1,677.8$2.86M79.2
Median1,748$3.00M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
713 Bay StreetSanta Monica189410/02/2026441,8653,838$2.50M$2.90M$1,5541.164983
630 Ashland AvenueSanta Monica192108/20/2026221,4101,947$1.82M$1.81M$1,2840.993676
1116 CedarSanta Monica192709/15/2026321,7795,964$1.50M$2.27M$1,2791.5211170
219 Entrada DriveSanta Monica194109/18/2026321,8925,544$2.30M$2.15M$1,1360.9412570
2519 31st StreetSanta Monica193909/01/2026331,8126,003$2.00M$2.45M$1,3521.235965
Total: 5 · Average3.02.61,751.64,659.2$2.32M$2.32M$1,321—76
Median1,812$2.27M$2.27M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.