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$1,750,000
Est. payment /mo
5,327 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26867165
HOA Y/N No
Lot Size 5,327 Sqft
Property Description
3 VACANT COTTAGES; with MANY POSSIBILITIES: RESTORE 3 1924 BUNGALOW COTTAGES? BUILD 3 CONDOS + 1 JR ADU? BUILD MORE UNITS? SB 79 allows for density bonuses (MORE UNITS) built near transit stops, and probably applies here/you investigate. 3 Cottages, vacant and currently not habitable; great restoration project. Property has water, sewer, electric and gas lines intact, new roofs. 4 BLOCKS TO BEACH & Prime MAIN STREET, SaMoHi and DOWNTOWN SANTA MONICA very close, PCH & 10 access. HIGHEST AND BEST USE: Build MULTI UNIT taking advantage of NEW CA DENSITY BONUSES (8 units nextdoor are on the same size lot) Some restrictions may apply. SB 79 may apply, (see ADDITIONAL DENSITY BONUSES in DOCS). OR: Build 4 New Condos (one block away, 1 condo SOLD LAST YEAR FOR $2.5M: check 1919 4th Street). Not on market in 60 years. Per ARCHITECT, 3 New Units of 1750 +/- sf each could be built PLUS 1 Jr ADU; per ARCHITECT from SANTA MONICA ARCHITECTURAL REVIEW BOARD; exceptions for lot width may apply; Parking access from cul-de-sac Alley. Statements from this listing not guaranteed of course; do your own investigations & verify all with City of Santa Monica.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMOP2*
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
Water Public
New Construction No
Others
Senior Community No
Tax ID 4289010027
Special Listing Condition Standard
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Listed by Suzette Kitselman Coldwell Banker Realty #00715435
NEARBY SCHOOL & BUSINESS
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