157 Channel Road, Santa Monica
$7,995,000MLS® # 24345733
James Allan Compass
413 Ocean Avenue, Santa Monica
$8,500,000
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0 Bed
0 Bath
.26 Acre
0 Garage
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 Monica’s prestigious Ocean Avenue.
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 29 375 SF suites, including 26 with balconies and ocean views.
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, 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.
Essential Information
- MLS® #
- SB23083585
- Price
- $8,500,000
- Bathrooms
- 0.00
- Acres
- 0.26
- Type
- Land
- Status
- Active
Community Information
- Address
- 413 Ocean Avenue
- Area
- C14 - Santa Monica
- City
- Santa Monica
- County
- Los Angeles
- Zip Code
- 90402
- Community Features
- Street Lights, Sidewalks
- Senior Community
- Y
Amenities
- View
- Ocean
Waterfront
Across the Road from Lake/Ocean, Ocean Front
Additional Information
- Date Listed
- May 15th, 2023
- Days on Market
- 320
- Zoning
- SMR4*
Listing Details
- Agent
- Edward Kaminsky
- Office
- eXp Realty of California, Inc
Property History
Status Changed from Pending to Active
Status Changed from Active to Pending
Price Reduced from $10,500,000 to $8,500,000
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
LISTING MAP
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Buyer's Agent
Listing Agent
Edward Kaminsky - eXp Realty of California, IncBased on information from California Regional Multiple Listing Service, Inc. as of May 17th, 2024 at 1:25am 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.