• 122 Strand Street Santa Monica, CA 90405

  • $2,050,000
  • 0
    Bed(s)
  • 0
    Baths
  • 100
    Sq Ft
  • 6093
    Sqft
  • Listed By: Richard Warren, Palm Realty Boutique, Inc., DRE #01518362
  • Source: CRMLS

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.

Property Type :

Residential

County :

Los Angeles

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 0

Bathroom Information

Total Baths: 0

Full Baths: 0

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Fireplace: None

Cooling Features

None

Air Conditioning

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1952

Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1399

Lot Size Source: Assessor

Lot Size Square Feet: 6093

Listing Price Information

Original List Price: 2,050,000

Listing Contract Date: 2024-02-01

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4289023025

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C14 - Santa Monica

Directions: Neilson to Strand

Zoning: SMOP3*

Source Property Type: Residential

Area: C14 - Santa Monica

Property SubType: Triplex

Building and Construction

Property Age: 72

Common Walls: No Common Walls

Structure Type: Triplex

Year Built Source: Public Records

Total Square Feet Living: 100

Entry Level: 1

Entry Location: na

Levels or Stories: Three Or More

Structure Type: Triplex

Nearby Home Value

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 @ 16:48

MLS: SB24023354
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.

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