413 Ocean Avenue, Santa Monica, CA 90402 (MLS # SB23080738)
Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 413 Ocean Avenue is an unprecedented opportunity to build your coastal dream estate (pending city approval) on Santa Monicaās prestigious Ocean Avenue. One of Los Angeles, California most Iconic locations. No one comes to LA without driving past this infamous stretch of the coast.This 11,202 SF lot with SMR4 zoning currently houses a 2-story, 13,052 SF structure previously utilized as an assisted living community. Built in 1959, this structure includes 29 individual suites, including 26 with balconies and ocean views, which is no longer operational.With tremendous view potential and a truly iconic location within easy walking distance of world-renowned shopping, dining & nightlife, 413 Ocean Avenue is the blank canvas your dreams have been waiting for. Whether your goals include multi-family redevelopment, a luxury condo development, land banking or a future dream home, this Santa Monica gem is the answer.Note: believe it or not, a second ocean-view property of similar size (11,257 SF) and opportunity is available just 4 blocks south at 825 Ocean Avenue. Take a look at both before deciding which of these bluff top beauties speaks to you the most.
Property Type(s):
Single Family
Last Updated
|
4/16/2024
|
Year Built
|
1959
|
Community
|
Santa Monica
|
County
|
Los Angeles
|
SCHOOLS
School District |
Santa Monica-Malibu Unified |
Price History
Prior to Sep 7, '23
|
$10,500,000 |
Sep 7, '23 - Today |
$8,500,000 |
Additional Details
AIR |
Wall/Window Unit(s) |
AIR CONDITIONING |
Yes |
APPLIANCES |
Dryer |
AREA |
Santa Monica |
BUYER'S BROKERAGE COMPENSATION |
2.000 % |
GARAGE |
None |
HEAT |
Wall Furnace |
HOA DUES |
0 |
INTERIOR |
Bedroom on Main Level |
LOT |
0.26 acre(s) |
PARKING |
None |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
2 |
VIEW |
Yes |
VIEW DESCRIPTION |
Ocean |
WATER |
Public |
WATERFRONT |
Yes |
WATERFRONT DESCRIPTION |
Across the Road from Lake/Ocean,Ocean Front |
ZONING |
SMR4* |
Location
Listed with eXp Realty of California, Inc
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Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/24 8:21 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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