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5,371 Sqft Lot
$ 1,650,000
Est. payment | /mo
5,371 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 24-444675
Lot Size 5,371 Sqft
Acres 0.1233
Property Description
Price Reduction! Lowest-priced vacant property in Santa Monica 90405! 2 Detached Houses at 1,540 SF on a large ~5,400 SF lot on one of the best streets in Sunset Park. Amazing opportunity for owner-users and investors to Fix & Save with the renovated duplexes in the area selling for ~2.5M! Or you can do a new construction ground-up project/major addition and resale it for ~4M. Nestled mid-block on a tranquil, tree-lined cul-de-sac you will find a property that is currently configured as a duplex with a front house gutted and ready for renovation and the back house in original condition, combined the two structures are 1,540 square feet of interior living space situated on a ~5,400 square-foot lot. Surrounded by beautifully updated homes, this property presents a unique opportunity to create your ideal living environment in one of Santa Monica's most desirable and up-and-coming neighborhoods. Located east of Lincoln Boulevard, you'll have easy access to vibrant dining and shopping, including Whole Foods and local favorites like Cafe Gratitude and the new Tartine bakery. Enjoy the sports fields and playgrounds at nearby Marine Park or attend outdoor social events at Penmar Golf Course, all while being less than a mile from the beach, Abbot Kinney, and dynamic Rose Avenue. Whether you choose to restore, rebuild, or reimagine, the potential here for a coastal oasis is substantial.
Location
State CA
County Los Angeles
Area Santa Monica
Zoning SMR1*
Exterior
Waterfront Description None
View Y/N No
View None
Building
Sewer In Street
Water Public
Others
Special Listing Condition Standard
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by ENGEL & VÖLKERS Santa Monica