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Elvida Salazar

elvida.myagent@gmail.com +1(760) 801-9758

$1,299,000

Est. payment - /mo

2 Beds

1 Bath

676 SqFt

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Open House

Tue Oct 27, 11:00am - 2:00pm

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 676 sqft

Price per Sqft $1,921

MLS Listing ID 26103159

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1920

Lot Size 4,730 Sqft

Property Sub-Type Single Family Residence

Property Description

Developer's dream! This 4,700+ square foot property zoned R2 (multi-family) offers a unique opportunity in Santa Monica, with panoramic views and no rent control. Less than one mile from the beach, yet not subject to the Coastal Commission. Create two, three, or up to five units of luxury housing (3 standard units + 2 ADUs). Or if also building one affordable unit, build even more than five luxury units. Make them condominiums if desired. (These scenarios are intended to give an idea of what may be possible and not to be definitive; a brief stop at the City will confirm the possibilities!) Include as much or as little on-site parking as you like, or even no parking at all. Walk to Whole Foods, Gelson's, Starbucks, and dozens of restaurants and coffee shops. Only one block to either of two dedicated bike lanes leading across Santa Monica or to the beach. One block to the Big Blue Bus to downtown Santa Monica or LAX. Get in now, as ever more shops and restaurants come to this rapidly upscaling neighborhood. The existing cottage dates from early in Santa Monica's history. Unlike other properties where rent control can impede development, this property has a permanent exemption from rent control! In Santa Monica, with its top public schools and ocean breezes, the enormous potential of this property is one-of-a-kind.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Microwave, Refrigerator, Dryer, Washer

Laundry Laundry Closet

Exterior

Parking Features Driveway

Pool None

View Y/N No

View None

Total Parking Spaces 1

Private Pool No

Building

Story 1

Entry Level One

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4285028015

Special Listing Condition Standard

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Listed by Benjamin S. Lee The Agency #01808926

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Elvida Salazar

+1(760) 801-9758

Realtor® | Property Management Specialist License ID: DRE# 01775858

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819 Pier AVE Santa Monica, CA 90405

Elvida Salazar

Open House

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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