$ 3,500,000
-
$3,500,000
Price -
10
Bed -
5
Bath -
7,539
SqFt
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About the Listing PB21705 - TRLEYUAN,Trleerick
Exceptional development opportunity in the heart of Santa Monica. This approximately 12,916 SF R-2 zoned lot offers strong potential for investors, builders, and developers seeking to capitalize on a premier coastal location. The property includes three existing structures: a detached single-family residence (approx. 1,246 SF, 3 bedrooms, 1 bathroom), a detached two-car garage, and a church building (approx. 6,293 SF), which may continue to serve as a place of worship or other allowable uses. The current improvements provide flexibility for interim use while planning future development. The SFR offers immediate occupancy or rental income potential, allowing investors to generate cash flow during the entitlement and planning process. R-2 zoning may allow for a variety of residential development options, including multi-unit housing and ADUs (buyer to verify all zoning, density, and permitted uses with the City of Santa Monica). Ideally located just a short distance to the beach, and near top-rated schools, dining, shopping, and major amenities. Rare opportunity to secure a well-located parcel with both current income and long-term development upside.
Listing Highlights
Status
Active With Contingency
Days on Site
26
Property Type
Multi-Family
MLS ®
TR26088598
Year Built
1947
Total Square Footage
7,539
Lot/Acreage
0.3
County
Los Angeles
Area
C14 - Santa Monica
Interior Details
- Bedrooms: 10
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 12
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4284006021
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
836 Cedar Santa Monica, CA 90405
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