Thank you
Edward Kaminsky
eXp Realty of California, Inc
310-798-1277
Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 825 Ocean Avenue is an unprecedented opportunity to build your coastal dream estate (pending city approval) on Santa Monica’s prestigious Ocean Avenue. One of Los Angeles, California most Iconic locations. No one comes to LA without driving past this infamous stretch of the coast. This 11,257 SF lot with SMR3 zoning currently houses a 2-story, 6,593 SF structure previously utilized as an assisted living community. Built in 1951, this structure includes 20 individual suites, including 3 450 SF, ocean-view penthouse units renovated in 2020/2021. With tremendous view potential and a truly iconic location within easy walking distance of world-renowned shopping, dining & nightlife, 825 Ocean Avenue is the blank canvas your dreams have been waiting for. Whether your goals include multi-family redevelopment, a luxury condo development, land banking or a future dream home, this Santa Monica gem is the answer. Note: believe it or not, a second ocean-view property of similar size (11,202 SF) and opportunity is available just 4 blocks north at 413 Ocean Avenue. Take a look at both before deciding which of these bluff top beauties speaks to you the most.
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Total Bedrooms : 20
Total Baths: 20
Full Baths: 20
Water Source : Public
Sewer : Public Sewer
Interior Features: Bedroom on Main Level
Fireplace: None
None
Air Conditioning
Wall Furnace
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1951
None
Washer Hookup,Electric Dryer Hookup
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2584
Lot Size Source: Assessor
Lot Size Square Feet: 11257
Original List Price: 7,999,000
Listing Contract Date: 2023-05-15
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4292025013
Garage Description: None
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C14 - Santa Monica
Postal Code Plus 4: 1003
Directions: Ocean Ave between Montana Ave and Idaho Ave
Zoning: SMR3*
Source Property Type: Residential
Area: C14 - Santa Monica
Property SubType: Mixed Use
Property Age: 73
Common Walls: No Common Walls
Structure Type: Mixed Use
Year Built Source: Assessor
Total Square Feet Living: 6593
Entry Level: 1
Entry Location: Front of Building
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Mixed Use
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1040 4th Street #112, Santa Monica, CA,90403 | $699,900 | 1 | -- | 1,043 | 30025 Sqft |
1128 15th Street #6, Santa Monica, CA,90403 | $1,675,000 | 2 | 2 | 1,669 | 7506 Sqft |
825 Ocean Avenue, Santa Monica, CA,90403 | $7,999,000 | -- | -- | -- | 11257 Sqft |
135 Montana Avenue #1BD.., Santa Monica, CA,90403 | $5,800 | 1 | 1 | 670 | 14998 Sqft |
1019 6th Street, Santa Monica, CA,90403 | $4,450,000 | 13 | -- | 7,764 | 7496 Sqft |
101 California Avenue #.., Santa Monica, CA,90403 | $899,000 | 1 | 1 | 674 | 18751 Sqft |
930 15th Street #3, Santa Monica, CA,90403 | $3,535,000 | 3 | 3 | 2,781 | 7511 Sqft |
930 15th Street #2, Santa Monica, CA,90403 | $3,570,000 | 3 | 3 | 2,704 | 7511 Sqft |
519 California Avenue #.., Santa Monica, CA,90403 | $1,478,000 | 2 | 2 | 1,266 | 11228 Sqft |
801 Ocean Avenue #506, Santa Monica, CA,90403 | $2,850,000 | 2 | 2 | 1,772 | -- |
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ByOwner last updated this listing 05/05/2024 @ 19:44
MLS: SB23080737
LISTED BY: Edward Kaminsky, eXp Realty of California, Inc
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.