REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$3,500,000

Est. payment - /mo

0.3 Acres Lot

Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR26088598

HOA Y/N No

Year Built 1947

Lot Size 0.296 Acres

Property Sub-Type Single Family Residence

Property Description

Exceptional development opportunity in the heart of Santa Monica. This approximately 12,916 SF R-2 zoned lot offers strong potential for investors, builders, and developers seeking to capitalize on a premier coastal location.
The property includes three existing structures: a detached single-family residence (approx. 1,246 SF, 3 bedrooms, 1 bathroom), a detached two-car garage, and a church building (approx. 6,293 SF), which may continue to serve as a place of worship or other allowable uses. The current improvements provide flexibility for interim use while planning future development.
The SFR offers immediate occupancy or rental income potential, allowing investors to generate cash flow during the entitlement and planning process.
R-2 zoning may allow for a variety of residential development options, including multi-unit housing and ADUs (buyer to verify all zoning, density, and permitted uses with the City of Santa Monica).
Ideally located just a short distance to the beach, and near top-rated schools, dining, shopping, and major amenities. Rare opportunity to secure a well-located parcel with both current income and long-term development upside.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Interior

Fireplaces Type None

Fireplace No

Laundry In Garage

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

Total Parking Spaces 12

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 4284006021

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Yuan Le Ricky&Jessie Realty 213-249-3255, DRE #01947274

NEARBY SCHOOLS & PROPERTIES

Have questions about this property, other properties, or thinking of selling a similar one? We’re here to help. Simply complete the GET MORE INFORMATION form, and we’ll be in touch shortly!

+1(714) 681-1222

info@1visionproperties.com

GET MORE INFORMATION

QUICK SEARCH

836 Cedar Santa Monica, CA 90405