Jeremiah Moersch REALTOR®
Office: 760-533-2540
825 Ocean Avenue, Santa Monica
$7,999,000
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0 Bed
0 Bath
.26 Acre
0 Garage
Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 825 Ocean Avenue is an unprecedented opportunity to build your coastal dream estate (pending city approval) on Santa Monica’s 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 11,257 SF lot with SMR3 zoning currently houses a 2-story, 6,593 SF structure previously utilized as an assisted living community. Built in 1951, this structure includes 20 individual suites, including 3 450 SF, ocean-view penthouse units renovated in 2020/2021.
With tremendous view potential and a truly iconic location within easy walking distance of world-renowned shopping, dining & nightlife, 825 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 (11,202 SF) and opportunity is available just 4 blocks north at 413 Ocean Avenue. Take a look at both before deciding which of these bluff top beauties speaks to you the most.
Essential Information
- MLS® #
- SB23083610
- Price
- $7,999,000
- Bathrooms
- 0.00
- Acres
- 0.26
- Type
- Land
- Status
- Active
Community Information
- Address
- 825 Ocean Avenue
- Area
- C14 - Santa Monica
- City
- Santa Monica
- County
- Los Angeles
- Zip Code
- 90403
- Community Features
- Park, Street Lights, Sidewalks
- Senior Community
- N
Amenities
- View
- Ocean
Waterfront
Across the Road from Lake/Ocean, Ocean Front
Additional Information
- Date Listed
- May 15th, 2023
- Days on Market
- 235
- Zoning
- SMR3*
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
Status Changed from Pending to ActivePrice Reduced from $9,000,000 to $7,999,000
Status Changed from Active to Pending
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of May 17th, 2024 at 1:20am 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.