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$ 2,195,000
Est. payment | /mo
3 Beds
3 Baths
1,584 SqFt
$ 2,195,000
Est. payment | /mo
3 Beds
3 Baths
1,584 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $1,385
MLS Listing ID 26850083
Bedrooms 3
HOA Y/N No
Year Built 1924
Lot Size 5,327 Sqft
Property Description
This property has not been on the market in 57 years. No Tenant occupancy in 57 years, which relieves the rules about rent control and affordable housing units unless one wants to built a 3+story property. This property has 3 Cottages built in the 1920's, (see photos) not currently habitable but there is a possibility to restore them, PLUS add another unit on the back of the lot. Per an architect, 3 new units of 1750+ square feet each can be built on the lot, along with another unit in the rear (not guaranteed ~ please make your own investigations). Alley access to the rear of the lot for parking access. A Condo one block away sold for $2.5M within the last 12 months. Excellent pencil potential. Very short walk to the beach, excellent rental or resale area. Please see the added Documents for Santa Monica City and architect notes, written by a former member of the Santa Monica Architectural Review Board. We are told that the width of this lot is not an issue as to density. All interested parties are not to rely on statements from this listing as to viability of future projects; all are directed to make their own investigations. Please do not walk the property without Listing Agent.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMOP2*
Interior
Heating None
Cooling None
Fireplace No
Exterior
Total Parking Spaces 3
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4289010027
Special Listing Condition Standard

Listed by Suzette Kitselman Coldwell Banker Realty #00715435
NEARBY SCHOOL & BUSINESS

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