122 Strand Street, Santa Monica

$2,150,000

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0 Bed
0 Bath
.14 Acre
0 Garage

Shovel Ready development opportunity Located in one of LA's most prestigious neighborhoods-Ocean Park in Santa Monica, this rarely available development lot is entitled and ready to be built tomorrow-Just steps away from the beach, Santa Monica's main street with its trendy boutiques and famed restaurants. Prime for immediate development-this lot comes with fully entitled plans outlining a two-story, three unit condominium project with subterranean parking and private outdoor space. The plan design by iconic Santa Monica Based Architecture Firm-Mike Folonis Architects truly maximize the potential of this rare lot so close to the beach. Centered in the midst of so many attractions including, the Strand bike path with 22 miles of inspiring coastal scenery, the World Famous Santa Monica Pier, Shutters On the Beach Hotel, Casa Del Mar Hotel, The Viceroy, 3rd Street Promenade and famed Abbot Kinney neighborhood, this property is truly unique. //Property specs are as follows: Unit 1: 2 Bedrooms, 3.5 bathrooms, 2,110 sq ft living space, Patio (front) 541 sq ft, Patio (side) 232 sq ft, 2nd Floor Deck 135 sq ft, Roof Deck 164 sq ft. // Unit 2: 2 Bedrooms, 2.5 bathrooms, 1,530 sq ft living space, Patio (side) 241 sq ft. // Unit 3: 2 Bedrooms, 2.5 bathrooms, 1,275 sq ft living space, Patio (rear) 736 sq ft. Each unit comes with a two-car garage. Plans, Permits, and supporting documents available upon request-link provided.

Essential Information

MLS® #
SB24016094
Price
$2,150,000
Bathrooms
0.00
Acres
0.14
Type
Land
Status
Active

Community Information

Address
122 Strand Street
Area
C14 - Santa Monica
City
Santa Monica
County
Los Angeles
Zip Code
90405
Senior Community
N

Community Features

Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Dog Park, Park, Urban

Amenities

View
Ocean

Exterior

Lot Description
2-5 Units/Acre

Additional Information

Date Listed
January 30th, 2024
Days on Market
88
Zoning
SMOP3*

Listing Details

Agent
Richard Warren
Office
Palm Realty Boutique, Inc.
Property History
Price Reduced from $2,250,000 to $2,150,000
Price Reduced from $2,400,000 to $2,250,000

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Richard Warren - Palm Realty Boutique, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 12:35pm 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.