538 Palisades Ave Santa Monica, CA 90402
North of Montana NeighborhoodEstimated payment $23,494/month
Total Views
10,606
4
Beds
3
Baths
2,245
Sq Ft
$1,900
Price per Sq Ft
Highlights
- Primary Bedroom Suite
- View of Trees or Woods
- Main Floor Bedroom
- Roosevelt Elementary School Rated A+
- Craftsman Architecture
- 3-minute walk to Holbrook Park
About This Home
Drastic Price Reduction! Welcome to 538 Palisades Avenue – A Timeless Craftsman Home in Santa Monica’s Premier Neighborhood.
This rarely available and hard to find property is nestled in the heart of Santa Monica's coveted North of Montana neighborhood, directly across from the beloved Goose Egg Park. Set on a generous lot, the 3-bedroom, 2-bathroom main house offers quintessential California living just moments from pristine beaches, Palisades Park, and the vibrant shops and restaurants of Montana Avenue. The unbeatable mantra rings true here: location, location, location.
In addition to the main home, a charming 528-square-foot guest house with 1 bedroom and 1 bathroom sits above an oversized 2-car garage with private alley access—ideal for guests, multigenerational living, a home office, gym, or creative studio. There's even potential to convert the garage and guest house into a 1,056-square-foot ADU, expanding your options and adding value.
The main house features Classic Craftsman details, including a welcoming front porch and a cozy central fireplace, a sunroom bathed in natural light, a spacious kitchen and elegant primary suite, a dedicated dining room opening to a large, covered porch, an expansive backyard with mature landscaping, perfect for outdoor entertaining, with Carport parking in addition to the garage. The owner recently replaced all of the floors in the main house and remodeled the primary bathroom with a large soaking tub, new vanity, and smart toilet.
Families will appreciate being located within the sought-after Roosevelt Elementary School district, adding to the home's allure.
Whether you're looking to restore a beloved classic, expand with an ADU, or simply enjoy a piece of Santa Monica history, this property delivers charm, convenience, and an unbeatable location in one of the Westside’s most desirable communities.
Listing Agent
Equity Union Brokerage Phone: 818-880-9900 License #00780341 Listed on: 05/23/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,028
Year Built
- Built in 1920
Lot Details
- 6,414 Sq Ft Lot
- Rectangular Lot
- Lawn
- Back and Front Yard
- Property is zoned SMR1*
Parking
- 2 Car Garage
- 2 Attached Carport Spaces
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- Garage Door Opener
- Driveway Level
Property Views
- Woods
- Park or Greenbelt
- Neighborhood
Home Design
- Craftsman Architecture
- Additions or Alterations
- Raised Foundation
Interior Spaces
- 2,245 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Sun or Florida Room
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom Suite
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Concrete Porch or Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 11455
- Assessor Parcel Number 4293013033
- $391 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,028 | $4,199,000 | $3,800,000 | $399,000 |
| 2024 | $3,028 | $191,415 | $131,209 | $60,206 |
| 2023 | $2,480 | $187,663 | $128,637 | $59,026 |
| 2022 | $2,448 | $183,984 | $126,115 | $57,869 |
| 2021 | $2,377 | $180,378 | $123,643 | $56,735 |
| 2019 | $2,334 | $175,030 | $119,977 | $55,053 |
| 2018 | $2,133 | $171,599 | $117,625 | $53,974 |
| 2016 | $2,039 | $164,937 | $113,058 | $51,879 |
| 2015 | $2,011 | $162,460 | $111,360 | $51,100 |
| 2014 | $1,996 | $159,279 | $109,179 | $50,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | Price Changed | $4,265,500 | -5.1% | $1,900 / Sq Ft |
| 06/02/2025 06/02/25 | Price Changed | $4,495,000 | -10.0% | $2,002 / Sq Ft |
| 05/23/2025 05/23/25 | For Sale | $4,995,000 | +19.0% | $2,225 / Sq Ft |
| 12/20/2024 12/20/24 | Sold | $4,199,000 | +2.4% | $1,870 / Sq Ft |
| 11/19/2024 11/19/24 | Pending | -- | -- | -- |
| 11/12/2024 11/12/24 | For Sale | $4,099,000 | -- | $1,826 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Chicago Title Company | |
| Grant Deed | $4,199,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,939,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Santa Monica, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25114280
APN: 4293-013-033
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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