210 California Avenue # 1, Santa Monica

$6,500,000

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17 Beds
0 Bath
.17 Acre
0 Garage

Price Reduced by $750,000

100% Vacant—The property was vacated utilizing the Ellis Act guidelines in 2019, providing new ownership multiple investment strategies.

Potential Redevelopment Site— 210 California provides a wide range of investment strategies for new owners, including renovating the current building or redeveloping the site. Santa Monica, which was granted a prohousing designation by the Governor in February of this year, has made its development process more efficient. This allows for the possibility of receiving additional funding and faster approval for new housing developments.

Walkable, Vibrant and Highly Amenitized Neighborhood— Santa Monica offers a picturesque beach town setting with a plethora of attractions, renowned shopping, dining options, vibrant nightlife, and entertainment venues. Those residing in 210 California benefit from convenient access to various lifestyle amenities, whether by foot, bike, or car. The Third Street Promenade, located just a short 5-minute walk away, provides an ideal destination for upscale shopping, dining, and entertainment. This pedestrian-friendly area, situated east of the Pier, comprises three car-free blocks and is centered around Santa Monica Place, which houses over 80 retailers. Starting at the Santa Monica Place shopping center, the Third Street Promenade extends northward towards Wilshire Blvd.

Essential Information

MLS® #
OC24077809
Price
$6,500,000
Bedrooms
17
Bathrooms
0.00
Acres
0.17
Year Built
1962
Type
Residential Income
Sub-Type
Apartment
Status
Active

Community Information

Address
210 California Avenue # 1
Area
C14 - Santa Monica
City
Santa Monica
County
Los Angeles
Zip Code
90403
Senior Community
N

Community Features

Biking, Dog Park, Storm Drain(s), Street Lights, Sidewalks, Water Sports

Amenities

Parking Spaces
9
Parking
Attached Carport
Garages
Attached Carport
Pool
None

Interior

# of Stories
2
Stories
Two

Lot Description

Near Public Transit, Street Level, Value In Land

Additional Information

Date Listed
March 8th, 2024
Days on Market
26
Zoning
SMR3*

Listing Details

Agent
Michael Smith
Office
NorthMarq Realty Services, Inc
Property History
Price Reduced from $7,250,000 to $6,500,000

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Based on information from California Regional Multiple Listing Service, Inc. as of May 14th, 2024 at 2:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.