$7,999,000
Beds:
20
Baths:
20
Sqft:
6,593
Sqft lot:
11,257
Acre lot:
0.26
352 Days On Market
Listing courtesy of Edward Kaminsky (CalBRE#00958114), eXp Realty of California, Inc {attribution_contact}
Status:
Active
Property Type:
Commercial/residential
Year Built:
1951
Days On Website:
352
Description
Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 825 Ocean Avenue is an unprecedented opportunity to build your coastal dream estate (pending city approval) on Santa Monica's prestigious Ocean Avenue. One of Los Angeles, California most Iconic locations. No one comes to LA without driving past this infamous stretch of the coast. This 11,257 SF lot with SMR3 zoning currently houses a 2-story, 6,593 SF structure previously utilized as an assisted living community. Built in 1951, this structure includes 20 individual suites, including 3 450 SF, ocean-view penthouse units renovated in 2020/2021. With tremendous view potential and a truly iconic location within easy walking distance of world-renowned shopping, dining & nightlife, 825 Ocean Avenue is the blank canvas your dreams have been waiting for. Whether your goals include multi-family redevelopment, a luxury condo development, 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 (11,202 SF) and opportunity is available just 4 blocks north at 413 Ocean Avenue. Take a look at both before deciding which of these bluff top beauties speaks to you the most.
Features
Bathrooms
- 20 total bathrooms
- 20 full bathrooms
- 20 bathrooms on main level
Bedrooms
- 20 bedrooms
- 20 bedrooms on main level
Building
- 6593.00 living sqft
- Common walls: No Common Walls
- Levels: Two
- 2 stories
- Entry level: 1
- Built in 1951
- Entry location: Front of Building
Community
- 20 units in community
- Sidewalks
- Street Lights
Water Features
- Waterfront features: Across the Road from Lake/Ocean,Ocean Front
- Water source: Public
Heating
- Wall Furnace
Laundry
- Electric Dryer Hookup
- Washer Hookup
Listing
- Listing ID: SB23080737
- 1213.26 per sqft
- 220 days on market
Location
- MLS area: C14 - Santa Monica
- County: Los Angeles
Lot
- Lot 10000-19999 Sqft
- 0.2584 acres
- 11,257 sqft
Parking
- No parking
Property
- Ocean
- Zoning: SMR3*
Schools
- High school district: Santa Monica-Malibu Unified
Sewer
- Public Sewer
Property Map
Map View
$7,999,000 -825 Ocean Avenue, Santa Monica, CA 90403
Street View
Directions
825 Ocean Avenue
Santa Monica, CA 90403
MLS area: C14 - Santa Monica
Nearby Schools
Local Sales
Roey Dagmi
REALTOR® | DRE: 01921140This content last updated on May 2, 2024 20:48.