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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$1,625,000

Est. payment - /mo

3 Beds

3 Baths

5,327 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26104907

Bedrooms 3

HOA Y/N No

Lot Size 5,327 Sqft

Property Description

3 VACANT COTTAGES; FOUR BLOCKS TO THE BEACH IN SANTA MONICA + 40% OF THE LOT UNIMPROVED. ALLEY ACCESS. MANY POSSIBILITIES: BUILD MORE UNITS? 8 UNITS NEXTDOOR ON SAME SIZE LOT. SB 79 allows for density bonuses (MORE UNITS) built near transit stops, and probably applies here/you investigate. OR RESTORE 3 1924 BUNGALOW COTTAGES? BUILD 3 CONDOS + 1 JR ADU? 3 Cottages, vacant and currently not habitable; great restoration project. 40% of the lot is VACANT. Property has water, sewer, electric and gas lines intact, new roofs. FOUR 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. One Option: Build 3 New Units of 1750 +/- sf 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. This is one version of the phrase I have seen used in private agent remarks: Broker/Agent does not guarantee the accuracy of square footage, lot size, zoning, rent control, permits, use code, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all MLS info through personal inspection and with appropriate professionals.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMOP2*

Interior

Heating Wall Furnace

Cooling None

Flooring Wood

Fireplace No

Exterior

View Y/N No

View None

Total Parking Spaces 4

Building

Story 1

Entry Level One

Water Public

Level or Stories One

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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Patricia Beattie

+1(415) 286-8292

Broker License ID: 01405369

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2005 4th ST Santa Monica, CA 90405

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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