$8,500,000
413 Ocean Avenue, Santa Monica 90402
11,212
Lot Size
Listing Agent
Edward Kaminsky - eXp Realty of California, Inc - 310-427-2414Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 413 Ocean Avenue is an unprecedented opportunity to build your coastal dream estate (pending city approval) on Santa Monica’s prestigious Ocean Avenue. This 11,202 SF lot with SMR4 zoning currently houses a 2-story, 13,052 SF structure previously utilized as an assisted living community. Built in 1959, this structure includes 29 375 SF suites, including 26 with balconies and ocean views. With tremendous view potential and a truly iconic location within easy walking distance of world-renowned shopping, dining & nightlife, 413 Ocean Avenue is the blank canvas your dreams have been waiting for. Whether your goals include multi-family redevelopment, 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 (11,257 SF) and opportunity is available just 4 blocks south at 825 Ocean Avenue. Take a look at both before deciding which of these bluff top beauties speaks to you the most.
Facts & Features
MLS® # | SB23083585 |
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Price | $8,500,000 |
Bathrooms | 0.00 |
Lot Size | 11,212 |
Type | Land |
Status | Active |
Community Information
Address | 413 Ocean Avenue |
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Area | C14 - Santa Monica |
City | Santa Monica |
County | Los Angeles |
Zip Code | 90402 |
Amenities
View | Ocean |
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Is Waterfront | No |
Waterfront | Across the Road from Lake/Ocean, Ocean Front |
Has Pool | No |
Interior
Has Basement | No |
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Fireplace | No |
Additional Information
Date Listed | May 15th, 2023 |
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Days on Market | 301 |
Zoning | SMR4* |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Edward Kaminsky |
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Office | eXp Realty of California, Inc |
Info | 310-427-2414 |