Thank you
Richard Warren
Palm Realty Boutique, Inc.
310-545-2490
Owner Says Sell! Shovel Ready development opportunity Located in one of LA's most prestigious neighborhoods-Ocean Park in Santa Monica, this rarely available development lot is entitled and ready to be built tomorrow-Just steps away from the beach, Santa Monica's main street with its trendy boutiques and famed restaurants. Prime for immediate development-this lot comes with fully entitled plans outlining a two-story, three unit condominium project with subterranean parking and private outdoor space. The plan design by iconic Santa Monica Based Architecture Firm-Mike Folonis Architects truly maximize the potential of this rare lot so close to the beach. Centered in the midst of so many attractions including, the Strand bike path with 22 miles of inspiring coastal scenery, the World Famous Santa Monica Pier, Shutters On the Beach Hotel, Casa Del Mar Hotel, The Viceroy, 3rd Street Promenade and famed Abbot Kinney neighborhood, this property is truly unique. //Property specs are as follows: Unit 1: 2 Bedrooms, 3.5 bathrooms, 2,110 sq ft living space, Patio (front) 541 sq ft, Patio (side) 232 sq ft, 2nd Floor Deck 135 sq ft, Roof Deck 164 sq ft. // Unit 2: 2 Bedrooms, 2.5 bathrooms, 1,530 sq ft living space, Patio (side) 241 sq ft. // Unit 3: 2 Bedrooms, 2.5 bathrooms, 1,275 sq ft living space, Patio (rear) 736 sq ft. Each unit comes with a two-car garage. Plans, Permits, and supporting documents available upon request-link provided.
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Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1399
Lot Size Source: Assessor
Lot Size Square Feet: 6093
Original List Price: 2,050,000
Listing Contract Date: 2024-01-30
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4289023025
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C14 - Santa Monica
Directions: Neilson Way to Strand
Zoning: SMOP3*
Source Property Type: Land
Area: C14 - Santa Monica
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Land, Santa Monica, CA,90405 | $2,250,000 | -- | -- | -- | 5865 Sqft |
2960 Neilson Way #401, Santa Monica, CA,90405 | $2,995,000 | 2 | 2 | 1,290 | 134111 Sqft |
619 Pacific Street, Santa Monica, CA,90405 | $2,250,000 | 2 | -- | 704 | 7451 Sqft |
130 Ocean Park Boulevar.., Santa Monica, CA,90405 | $2,595,000 | 2 | 2 | 1,425 | 196170 Sqft |
2403 Centinela Avenue, Santa Monica, CA,90405 | $3,990,000 | 11 | -- | 5,337 | 18027 Sqft |
118 Strand Street, Santa Monica, CA,90405 | $4,999,999 | 1 | 1 | 740 | 5930 Sqft |
443 Bay Street, Santa Monica, CA,90405 | $2,875,000 | 13 | -- | 5,532 | 5752 Sqft |
1513 Bay Street, Santa Monica, CA,90405 | $1,999,000 | 3 | 1 | 1,188 | 6595 Sqft |
1413 Ocean Park Bouleva.., Santa Monica, CA,90405 | $1,249,900 | 3 | 2 | 1,408 | 6439 Sqft |
2436 20th Street, Santa Monica, CA,90405 | $1,899,000 | 3 | -- | 1,691 | 7164 Sqft |
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ByOwner last updated this listing 05/12/2024 @ 22:44
MLS: SB24016094
LISTED BY: Richard Warren, Palm Realty Boutique, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
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.