Property listed by KW Westside Estates, Sima Haghighi 310-482-2200
$2,395,000
Prime development opportunity just off Montana Avenue. Situated on the second parcel from Montana, this property includes a livable 1-bedroom, 1-bath residence plus two detached rooms, with a bathroom ideal for flexible residential, creative, or income-generating use while planning future development. The sub-5,000 sq ft C2-zoned lot offers exceptional versatility… Read More for residential or commercial use, with no front setback requirement allowing for increased build-able square footage (buyer to verify all uses and regulations with the City) significant value-add: Architectural plans for three stunning multi-level townhomes with shared yards and private large patios, rooftop decks have already received City Planning and Design Review approval. Per the architect, the project passed two rounds of corrections and obtained departmental clearances, reaching readiness for final submission prior to being placed on hold. Should a new owner elect to proceed with the existing plans, permits are anticipated within approximately 3 to 6 months (buyer to independently verify). Unbeatable location just steps from Whole Foods, the shops and restaurants of Montana Avenue, and fewer than 12 blocks to the ocean.Rare opportunity to develop in one of Santa Monica's most coveted neighborhoods. The new townhouse's marketing package includes in the MLS photos . Serious offers encouraged. Read Less
Listing Snapshot
Days Online
3
Last Updated
Property Type
SingleFamilyResidence
Beds
1
Full Baths
1
Square Ft.
720
Lot Size
0.11 Acres
Year Built
1926
MLS Number
26652483
Additional Details
Appliances & Equipment
Refrigerator, Washer
Building
Built in 1926, Living area: 720.0, 1 storey, Levels: One
Cooling
None
Disclosures
TrustConservatorship
Fireplaces
None
Floors
Wood
Heating
WallFurnace
Laundry
SeeRemarks
Lot
0.1102 acres
Parking
Carport
Pool
None
Property
Courtyard
Taxes
Parcel Number: 4280025015, Zoning: SMC2*
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Based on information from California Regional Multiple Listing Service, Inc. as of 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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